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The price is right!

What kind of increase to your current salary would you need to change your lifestyle?

  • up to 50% raise in income

    Votes: 3 15.8%
  • 50% raise up to double current income

    Votes: 7 36.8%
  • 2X up to triple current income

    Votes: 3 15.8%
  • 3X up to 5X current income

    Votes: 1 5.3%
  • more than 5X current income

    Votes: 0 0.0%
  • up to 100k annual salary (dollars)

    Votes: 0 0.0%
  • 100k to 200k

    Votes: 2 10.5%
  • 200k to 300k

    Votes: 3 15.8%
  • 300k to 500k

    Votes: 0 0.0%
  • more than 500k

    Votes: 2 10.5%

  • Total voters
    19
Man, I'd say that if you know that you won't reach retirement then stop putting money towards retirement. If it's like 80% I personally would take my chances and live now and let SSI or SSD take care of me, albeit at a pretty low income, essentially poverty.

If it's more likely than not you'll reach retirement then I'd invest, but I wouldn't invest too much.

I mean, unless you really want to give someone a windfall after you die and they collect your nest egg and promptly blow it on hookers and coke.

That's kind of what I'm thinking, and I recently reduced what I was putting in as I needed to pay some medical bills. I suppose I could consider it as a savings account (with a higher return than the bank) and withdraw it at some point using the hardship rule once I am unable to work.

I don't have children, so I don't need to leave anyone a windfall. I don't think my nieces and nephews would blow it on hookers and coke, but I guess you really never know. :) I do want to have a kickin' funeral, though.
 
That's kind of what I'm thinking, and I recently reduced what I was putting in as I needed to pay some medical bills. I suppose I could consider it as a savings account (with a higher return than the bank) and withdraw it at some point using the hardship rule once I am unable to work.

I don't have children, so I don't need to leave anyone a windfall. I don't think my nieces and nephews would blow it on hookers and coke, but I guess you really never know. :) I do want to have a kickin' funeral, though.

Yeah I would probably just use it as a savings account with a higher interest rate.
 
My wife and I do want to invest a small amount ($500) in a Marijuana production company but we have no idea how to choose which one and no idea how to actually invest the money.

Give it to me. I will take care of you.
 
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