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SURVEY: HOW RICH WILL YOU BE IN YOUR RETIREMENT, WHEN YOU STOP WORKING AT A JOB.?

10 Answers

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  • 3 years ago
    Favorite Answer

    The ordinary voter in both the UK and the US has little chance of doing more than get byin retirement. Both our economies are set up that way. I am 74 in June and still doing 3 days to support my pensions.

    If you started with no capital, barring something unusual, like a lottery win, you will end up with none.

    I have always worked and earned good money and am better of than most. I have my own home paid for and owe nobody any money, but couldn't go buy a new (or second hand) motor. 1% of people in our countries own 90% of their wealth. Its been the same for over 100 years and aint about to change anytime soon...........unless.......

  • 3 years ago

    I was broke at age 49 after the divorce. Down to a net worth of $8,000. But hard work, sensible investing inspired by the Economist magazine, dabbling in Las Vegas real estate, directing my own investing and in spite of advice, timing the market and spending money like I was already retired (except for $200K for my daughter's doctorate) and after paying ALL taxes required on the way, at age 66, I have a 7 figure net worth and do almost as well as when I worked.

  • RICK
    Lv 7
    3 years ago

    Rich enough to enjoy life

    I am 66 and have been retired for 10 years

    Was financially able to retire at 42 but would have been too bored at that age

  • ?
    Lv 5
    3 years ago

    I have 300,000 in my bank account when I retired from working last year

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  • 3 years ago

    Not rich enough, because of the strange healthcare coverage system in the USA.

  • 3 years ago

    probably not very rich since i cant find a job in the first place

  • Anonymous
    3 years ago

    Currently 64 years old, working part-time.

    Will continue to do so as long as I can.

    Own 2 mortgage-free condos.

    Over 1 million in other assets.

    Hopefully set for life.

  • Anonymous
    3 years ago

    Comfortable.

  • Anonymous
    3 years ago

    Probably 1,000 $

  • Anonymous
    3 years ago

    Enough to live comfortably. Home will be paid for, so that will help.

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