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#1
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It's tough being filthy rich...
wrote:
On Mon, 20 Nov 2017 19:12:12 -0500, Alex wrote: Too many people spend every dime they make, don't take advantage of 401K's, and wonder how they are going to retire on SS alone. I also wonder how anyone over 50 or so with a mortgage and car payments ever expects to retire. I paid cash for my house here in 84 and I paid off my mortgage on the condo in 1990. I haven't had a car payment since the Nixon administration. In spite of all of that I sound like a pauper when I hear how much money you guys make. Last car I financed was wife’s Venza 2009. Interest rate was way lower than investment income. I am comfortable, but California costs a lot more than Florida. |
#2
posted to rec.boats
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It's tough being filthy rich...
On Tue, 21 Nov 2017 04:10:34 -0000 (UTC), Bill wrote:
wrote: On Mon, 20 Nov 2017 19:12:12 -0500, Alex wrote: Too many people spend every dime they make, don't take advantage of 401K's, and wonder how they are going to retire on SS alone. I also wonder how anyone over 50 or so with a mortgage and car payments ever expects to retire. I paid cash for my house here in 84 and I paid off my mortgage on the condo in 1990. I haven't had a car payment since the Nixon administration. In spite of all of that I sound like a pauper when I hear how much money you guys make. Last car I financed was wife’s Venza 2009. Interest rate was way lower than investment income. I am comfortable, but California costs a lot more than Florida. We financed my wife's new Subaru. Zero percent interest was hard to beat, and that was after we got the price we wanted. |
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