How much do you fags have in your retirement account? I've

$0 because I won't give my money to Jews.

There is like $100 in my change jar.

>>729319669
3.50$

>>729319669
>$562,000.00
>28 y/o
>own my own company
Hoping to retire by 30

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>>729319958
Damn you monster

>>729320358
thats not enough to retire on...

>>729320358
>>729320571
this
i've got a bit over $500k in savings, and i'm nowhere near retirement
how exactly do you expect to retire on that?

>>729319669
like $7.5k

Between 401K, and a ROTH, about $150K. I have several life insurance guarantees I'll collect on of around $500K.

850k but i'm 57

>>729320863
wtf are you still doing coming to this shithole at 57?
i'm 31 and i can't believe i still come here

>>729320658
Selling my company, but more importantly what do you niggers intend on spending more than half a mill on?

>>729320946
I dunno, relaxes me before I go to sleep I guess. Also I learn things, like OP is a fag

>>729320658
He says he own a company and has 500k in saving.

We don't know how much his company worth and you make a shitload of interest on 500k

Lets say 10% /year of interest, you can live out of that w/o even touching you 500k

>>729321100
i don't own a home yet, so that's a big part of it
beyond that, even living a very modest lifestyle on 20k/year, that 500k will only last me 25 years
as you get older, you've got to consider costs for medical expenses, assisted living, etc, not to mention inflation making that money worth barely anything in 25 years anyway

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>>729319669
I have a trust set aside for me, that my mother set up years ago. Basically, I am set for life on GBP. It includes a generous addendum for sauce dippies.

>>729321100
what's your company do?
i owned a business a few years ago, but i fucked it up and had to shut down to get a regular job
i might start another one someday, but it's pretty stressful

I'm really poor and will have a shitty job most likely so I'll probably an hero if i actually live long

>>729322198
That's my plan. I'm slowly distancing my self from my family, that way when I end it won't impact their life's very much.

>>729320358
>$562,000.00
>Hoping to retire by 30
how do you intend to do this?
im 28. after my dad died i sold all of his restaurants to some Persian and all i got was 7 mil after taxes. i cant even fucking live on that since i live in new york

>>729319669
30 years old and I don't have a penny to my name.
Living the dream.

>>729321470
US banks don't offer interest that high and in countries that do, the inflation makes the interest worthless.

>>729322489
don't fucking live in new york then
7 mil will go a long way if you don't spend it all on insanely overpriced real estate

>>729319669
I don't have a retirement account, I don't need one with my retirement plan but savings wise I'm set

>>729320358
Yeah no.

>>729319669
roughly 25k.

Sucks when your rent is 25k a year.
I also have about 17,000 worth of guns.

>>729319669
>retirement account
$0

>>729321470
At 28 wirh your own business he's not even done paying off loans, if he made thay much thay quick self made we would have heard about him

>>729321632
That's why you have insurance ..... or state healthcare

>>729322951
>we would have heard about him
only if he was a nigger or a woman

>>729322862
Aaaaaaand FBI watchlist

>>729322862
>17,000 worth of guns

I...what?

>>729323074
guns are legal in the US, true story

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>>729322862

>>729323074
Why would he be on a watchlist? You can own as many guns as you want in America.

>>729323053
For real there's no way he'd make thay much thay quick unless most was inherited.

OP I hope your not talking about 401K or some government retirement account. In times of trouble that is the first thing they will wipe out. NEVER trust anyone with your money but YOU. Sometimes you may need to utilize a brokerage or some hedge fund in order to make gains.. but as for letting government take care of my money.. fuck no! Solid assets. That's your best bet. Go for businesses, real-estate etc etc.. then you can just liquidate at your own pace when your ready to retire.

>>729319669
I have two shotgun shells and my grandfathers old 12 gauge. I can retire whenever I want

>>729323012
insurance doesn't cover assisted living...
or many other expenses such as hearing aids, which run in the thousands of dollars

>>729323074
>>729323115
They're all legal. I just collect historic firearms that have since increased in value a lot.

>>729323162
Yeah they're legal, that doesn't matter. They keep records of people with large amounts of arms and ammo

I'm going to kill myself long before I reach retirement age, so I ain't saving shit.

>>729323258
I have all mine in bitcoin. Rock solid asset.

>>729319669
about $160k in investments
about $160k just sitting in checking

I had $550k once but I bought some things

>>729323226
someone doesnt know what planning and getting shit done looks like

>>729321470
That's not how it works in merica, you need like 10 mill to live comfortably

>>729323393
That's the spirit anon!

>>729323213
you can also legally carry around as much cash as you want in america
that doesn't stop the government from seizing your cash until you can prove to them that you obtained it legally
just like the legality of owning firearms doesn't stop the government from putting you on a watchlist for owning a bunch of guns

>>729323325
Decent insurance does. And I'd kill myself before going into assisted living. I'm a professor technically and have 20 years and will be set for life in 10 if I wanted to.

>>729323413
I'm not too informed on bitcoin.. but cryptocurrency... ?? Sarcasm?? From what I understand until supply is capped and all are mined.. it will hold value... But timeframe? Idk explain?

>>729323580
>set for life
Everyone is set for life. We will all live until we die.

>>729321356
Funny hearing oldfags say this shit. Start a granny panties thread.

>>729323226
wtf are you talking about?
500k isn't much these days
there are tons of people who've made a million or several by age 30 by playing their cards right and getting a bit lucky
you've never heard of most of them

>>729323574
I was going to say civil forfeiture but you already know that

still kind of pissed they phased out bills bigger than $100 because sometimes you DO need to carry cash.

most I've carried at once was 33 1 oz. kruggerands, once to and once from the safety deposit box. most in cash I've carried is $10k

>>729323454
You'd stilll be paying your investors, you don't make thay much that quickly. Most businesses don't break even to net profit til 10 years of paying their seed money back. The only way is if you inherited a huge chunk of money or the business and still at 28 that's a long shot

>>729322637
>Banks
Why don't you go see a financial planner?

>>729323828
>are tons of people

yeah about... 1% of them

>>729323828
Not in a stale retail based economy

>>729323611
Uh yeah, that was sarcasm. Over a period of years I've had $4,000 worth of bitcoins. All lost between bitcoinica, mt gox and cryptsy. Rock solid asset.

>>729323580
>And I'd kill myself before going into assisted living.
well that definitely explains how you can retire so early
life is much cheaper before you have to deal with the costs of an aging body

>>729322489
Don't be a dumbass. Move somewhere cheap but accessible to modern services. Buy a nice, cozy affordable home and an affordable reliable car. Pay everything you owe, buy long lasting things you need, and chill for life.

>>729323426
did you buy anything good?

Mt plan is to live in poverty and abject squalor.

>>729323701
As in financially secure.... I have a killer salary and still live in a studio with my girlfriend and drive an old ford focus. In a few years I'll have a small home built on a nice chunk of land and still live frugally. The problem these days is people like to live outside their means or just need to keep buying the newest toys

>>729319669
550k not including IRAs I have in the UK

>>729324071
Retirement doesn't mean assisted living.... and my retirement plan covers it

>>729323974
I like the idea of Bitcoin but the problem is that when the "institutions" that deal in it aren't properly regulated... it seems like a shady fucking game. Meanwhile you've got a couple billionaires that are trying to control the remaining supply or some shit?? I would hope they know their shit..

>>729324148
This.

>>729324390
But what about highrise penthouses?? Cocaine?? Britney Spears?? Where is the glamour?

>>729324341
Bitcoin won't last

>>729324223
>people like to live outside their means or just need to keep buying the newest toys
Actually the economy depends on these idiots. If everyone became frugal the economy would be fucked. That said, I'm a frugal mofo.

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>>729323188
>MLP porn
>nigerian santa cuck porn

$350 in my 401k
and about 30k in liquid assets

>>729324539
The retail economy does which needs to begin to fail. Also these idiots were the cause of the housing collapse and next will be a massive crash from auto loans

>>729323188
so, how do I steal jew gold?

>>729323946
......
exactly my point
1% of adults in the usa equates to millions of people
you've never heard of most of them

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>>729323946
Hey boys.

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>>729324178
fulfilled a lifelong vehicle dream ~90k still own it still love it

paid my mortgage off, which actually backfired got stuck with a medium-high rental that cost me money year after year to finally sell at a huge loss

funded moving to tucson then denver

but mostly I've just used it to grease the wheels where I could, buy what I want - like a $2500 wacom which I use to doodle dicks for 4channers

it was inherited but I was already making 6 figures so it didn't change any big shit in my life just made things easier

>>729324721
>massive crash from auto loans
Seriously, I see people living in shit holes with a $40,000 truck sitting outside. And they are probably paying rent on that shit hole.

>>729319669
0 €
I'm retired btw

>>729325110
Sucking on that European Union teet?

>>729325007
Exacrly, no money down interest free loans, there will be a massive collapse considering how many more cars are out there compared to how many houses there were during thay collapse. People stretch so much just for a stupid car.

>>729325306
O look an American who doesn't understand it one bit

>>729325007
where i live, a non-shithole costs $350k minimum
when housing is so outrageously expensive, i can't fault people too much for giving up on a nice house in lieu of a nice vehicle

I'm 27 with early onset parkinsons, I don't need a retirement plan....

>>729325364
by which you mean sellers giving out bad loans bundling them and selling them on wallstreet which is actually what happened with housing and is what is happening with the auto industry?

>>729325451
>can't fault people too much for giving up on a nice house in lieu of a nice vehicle
Yeah I can actually.

>>729325585
Loans given out like candy to people who can't afford to pay them back...
>>729325626
Yes you absolutely can, they're retarded

>>729325745
and then bundled and sold on wallstreet, resold etc.

>dont' forget the important part

I got about 600k in the bank and a 12 inch dick and can bench 350 lbs and I browse 4chan all day.

I don't need any retirement account bacause I live in country where state functions pretty well and everybody get pension every month after they get retired.
I think Muricans just don't know the tru purpose of the state.

>>729325745
While I agree it's not a financially sound decision, my point is that somebody who wants a taste of luxury on a low income has no chance in getting said luxury in a home, so their only option is a vehicle.

>>729325860
Are you saying that this thread is nothing but a modern day dick measuring contest?

>>729325745
and don't forget how 0% loans fuck people who can actually save a buck. back when mortgage was 14% interest you could clear 9% on moderate investments, fuck you could get 5% just for shoving your shit in a savings account.

now savings is like 0.03% and I'm happy if my investments stay above 4%

it basically fucks anybody who doesn't live like an idiot with a $40,000 truck in the driveway

>>729325860
My dick may only be 9.5 inches, but I can bench 150 lbs with my erection.

>>729322422
Right on bro. But, you should still be a part of your family if their reasonable. They love you and can be the only people you have. At least cherish the moments you have.

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>>729325854
You're missing the point of the sheer amount of these auto loans there are. Wall street messing with mortgages isn't what caused the collapse, it just made it worse

>>729325942
the true purpose of the state is to enact laws to benefit corporations
gtfo commie

>>729321100
Escorts, designer, blow, Vidya

>>729319669
$400,100

Man I wish some rich people would give as much as a poor person..

>>729322489
Then move

>>729326363
This faggot just wanted to one up the OP. Good job m8

>>729326005
if somebody wanted a taste of luxury they should have gotten a better fucking education and a better fucking job

my dad worked in a plant for sub $30k a year and he is a multi millionaire. why? we lived like fucking poor shit should while they were out running up bankruptcies.

>the irony is I'll never see a dime because it will all go to my brothers kids

>>729326005
Yeah, they're stup I'd exactly. A "luxury" item thay gets them from point a to point b o wow.... how about they just go without that luxury item.

About 1.2 million and growing.

>>729326269
>it just made it worse

not like gasoline makes lava worse like a nuke would make lava worse. it compounds and recompounds the problem.

the funny thing is the financial industry is on record saying "don't worry auto is such a small part of the economy compared to housing, it won't matter."

Hey everybody! I decided I wanted an asset that would depreciate and have shitloads of maintenance costs. So I bought an expensive vehicle! The worst possible investment anyone could possibly buy.

>>729326877
>So I bought an expensive vehicle

you should have leased you turd, it's like you're not even throwing your money away

>>729324530
If I didn't give a shit about being broke after, found alternative income sources, or an hero afterwards I would go crazy. I'd fuck the girls I want or throw a big party and fuck chicks there too. Be getting fucked up like Leaving Las Vegas Cage and loaning a bunch of expensive toys.

I'll live like Dan Bilzerian. I'll even venture into some weird taboo shit, hunt humans, and fuck an elephant's trunk.

>>729321356
Fuck off grandpa

>>729326733
Gasoline or a nuke wouldn't made lava worse. But yes it fucked the system, the auto collapse will be worse, especially with the back lash of how much of the retail economy is based on auto sales and the industries supporting those vehicles. Imagine all the industries that are such a huge part of the auto industry and then maintenance of them and gasoline

>>729326493
>we lived like fucking poor shit
This is how we lived. Then my dad retired at 55 and died at 56. This sent my mom into a bipolar mania in which she spent every last penny that he earned.

>>729327204
>in which she spent every last penny that he earned.

even if my dad dies first my mom will be too guilty to spend it but I guarentee she'll get bilked out of it all by the first asshole she finds

sorry about your dad, that's young as shit to lose him

>being on /b/
>having a retirement account

lol the autism around here is bonkers

>>729327631
And that's why I'll die in abject squalor. Goodnight gents.

I'll be lucky to be alive to retirement age. Unless there are some major medical breakthroughs I'll be dead. I still lecture though and so forth even though I could just leave work and my insurance would completely cover me

I am collecting neetbux, I gain it through stealing money from my dads, my moms, my sisters and also my grandparents pockets plus when parents and cousins give me birthday money.
I need to count it again, last time I did I had 10k bucks.

retirement? lets not act like I won't work myself to a heartattack before 50.

>>729328065

Also I have 0 zero life, im not spending money on anything, except sometimes i go out to the store I buy an awkward burger or a bottle of water.

How does anyone give a shit about anything when the end of the world feels so close. Like why even make goals or care about money.

OP must have been chased off /biz/

I'm 41 and I faked a mental disease to get retirement. Funny thing, while I was pretending to be mentally ill, I suddenly became mentally ill for reals.

>>729329115
Look at the bright side, now you have an unlimited access to all those wonderful pills.

>>729329261

Yes, I have plenty of them and I'm selling them too so I earn the extra cash there too.

>>729323509
$10 mil would be great - but unlikely for most to achieve.

Lower your sites to about $2 mil

Here's the math:

$2,000.000.
X 4.0%
$ 80,000. / annual before taxes

have 2 mil principle, draw about 4% annual for an 80K / annual income.

Unless you blow it bitches and drugs, you should be ok.

You can always work part time to add to your month income - or do something you really want to and make some money on the side with odd jobs.

>>729321470
>10% interest
Wow.... you really have no grasp on the economy whatsoever

i have a ton of shares in AMD, OLED, and Amazon. They are basically my savings accounts. If my oled stock price goes up 1 penny, i make around 200 dollars. Same with the others. I make 800 on an average day. but it's unrealized gain as i don't actually sell the shares. if anyone wants to be rich in a few years, invest heavily into ILMN. do your dd on it and you'll see why.

>>729330675
Also, AMRS will be a money maker in about 5 years. biiiig time.