Comments on: 5 Reasons I Save for Retirement

By: You can never start too early | Well Heeled Blog

You can never start too early | Well Heeled Blog — Thu, 28 Oct 2010 04:45:00 +0000

[...] experts often say that you can never start too early saving for retirement, or that parents can never start too early saving for college (although retirement comes first, of [...]

By: Saving for Retirement: Love It? Hate It?

Saving for Retirement: Love It? Hate It? — Mon, 19 Jul 2010 02:52:44 +0000

[...] difficult to balance retirement with shorter-term goals, that is for sure. And although there are good, logical reasons to save for retirement, the motivation factor, like I mentioned at the beginning of this post, was completely from high [...]

By: Credit Card Information Edition of Yakezie Carnival

Credit Card Information Edition of Yakezie Carnival — Mon, 24 May 2010 10:45:01 +0000

[...] [...]

By: aury (thunderdrake)

aury (thunderdrake) — Thu, 20 May 2010 18:03:55 +0000

I take a particularly unconventional route when it comes to 'saving for retirement.'

I call it investing for cash flow. It's a lot more of a simpler equation and takes a lot of complicated matters and makes them simple. Ideally. I want to spend the currency and/or time I get on income producing assets. So that I got a stable, trackable cash flow every money. And what I make per month (or on an annual per month average) would be the bench mark of my retirement. Once I have a cash flow that exceeds my expenses, I'm financially independent. Should it double, than I can consider retirement. <3

By: Allison

Allison — Tue, 11 May 2010 21:30:32 +0000

"I want a retirement filled with volunteer work, extensive travel, a comfortable, paid-off home, and plenty of friends and socializing."

Concise and well said! I made a list of 100 life goals that I'm in the process of revising and prioritizing. THAT is definitely going on there as motivation for me to keep saving and something to look forward to!

By: Mother’s Day Reading: Financial Lessons, Saving for Retirement, and Pretending by StimulusResource.org

Sun, 09 May 2010 19:27:14 +0000

[...] are five reasons the author of the Well-Heeled Blog saves for retirement. I don’t know what kind of form “retirement” will have in thirty or so years when [...]

By: Terry

Terry — Sun, 09 May 2010 17:52:20 +0000

I don't save for retirement. How much would you save if you had a poverty-level income?

By: Mother’s Day Reading: Financial Lessons, Saving for Retirement, and Pretending « Finance Blog

Sun, 09 May 2010 17:22:16 +0000

[...] are five reasons the author of the Well-Heeled Blog saves for retirement. I don’t know what kind of form “retirement” will have in thirty or so years when [...]

By: Mother’s Day Reading: Financial Lessons, Saving for Retirement, and Pretending - Consumerism Commentary

Sun, 09 May 2010 14:32:21 +0000

[...] various lessons for dealing with credit cards, spending smartly, and being compassionate.Here five reasons the author of the Well-Heeled Blog saves for retirement. I don’t know what kind of form “retirement” will have in thirty or so years, and [...]

By: Ryan

Ryan — Sun, 09 May 2010 06:03:14 +0000

I like your reasons and a lot of them seem very selfless since you're trying to be less of a burden on others… I have similar reasons as well

By: WellHeeled

WellHeeled — Sun, 09 May 2010 05:05:08 +0000

Good for you for starting early! I wasn't thinking of retirement at 16… but I always knew that I do not want to be just sitting around when I have a lot of time (i.e. when I've retired from full-time work). I want to travel! (which takes money…). Later on I learned about the expense of health care and then realized I need a LOT of money.

By: algkent

algkent — Sat, 08 May 2010 20:42:42 +0000

Hello Wellheeled and kenyantykoon!

I don't know what it is, but retirement is forefront on my mind, ever since I was like 16 years old. And it's not that I think about it like "I want to get out of the rat race as quickly as possible", but more like I need to prepare for the reasons you are discussing above. As a young person (27), I realize that any money I sock away now is worth much more than money I sock away later, and that is exciting to me as well. Also, my grandparents saved absolutely no money towards retirement, and now they sit around…a lot. They are on a fixed income, and though they do a great job with what they have, they occasionally have to ask their children to pay for things (such as property taxes at the end of the year).

Thanks for the post!

By: Tweets that mention 5 Reasons to Save for Retirement -- Topsy.com

Tweets that mention 5 Reasons to Save for Retirement -- Topsy.com — Sat, 08 May 2010 19:46:53 +0000

[...] This post was mentioned on Twitter by Well-Heeled, Bucksome Boomer. Bucksome Boomer said: RT @wellheeledblog 5 Reasons to Save for Retirement http://bit.ly/cPKtzZ [...]

By: kenyantykoon

kenyantykoon — Sat, 08 May 2010 00:08:39 +0000

you are the prudent one aren't you?? These is the kind of thinking that a person with the future in mind has to have, Unfortunately when we are young we think that we will live forever and so dont give retirement much thought