Posted on May 21, 2015
Retirement Planning: How does your 'net worth' compare with the average Americans?
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It may not be the best way to evaluate your accomplishments, but knowing how your financial situation stacks up against your peers can offer up valuable insight that allows you to make changes to shore up your financial security.
http://www.msn.com/en-us/money/personalfinance/how-does-your-net-worth-compare-with-the-average-americans/ar-BBjSB9Y?srcref=rss
http://www.msn.com/en-us/money/personalfinance/how-does-your-net-worth-compare-with-the-average-americans/ar-BBjSB9Y?srcref=rss
Posted in these groups: 
Personal Finance
Retirement
Personal Finance Retirement
Posted >1 y ago
Responses: 8
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GySgt Wayne A. Ekblad
I live below the poverty level, I will never be able to retire.
The sad thing about this is I am over 50 and the region I live in is less than prolific in job openings. I don't care what the job is, if I can learn it I can do it. I just want the chance to show what I can do somewhere, anywhere!
I live below the poverty level, I will never be able to retire.
The sad thing about this is I am over 50 and the region I live in is less than prolific in job openings. I don't care what the job is, if I can learn it I can do it. I just want the chance to show what I can do somewhere, anywhere!
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SPC Charles Brown
Fortunately I have disability to help keep me afloat until I can find a job. That I draw disability may be some of the reason I cannot find work. Some employers fear that hiring the "disabled" could lead to problems in the work place. These would include potential workers compensation claims in the unlikely event of an accident on the clock. This reason is pure bull...., perfectly functional people have had more otj accidents than I have, but I cannot get prospective employers to admit that.
to quote the kids today, "it is what it is." I will survive despite the lack of vision of civilian employers.
to quote the kids today, "it is what it is." I will survive despite the lack of vision of civilian employers.
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I don't know if I'll ever be able to fully retire either. Luckily I have my Navy pension and VA disability to ease the pain.
Granted I'm working (and getting paid rather well too) but still. It's so expensive to save for retirement, especially when you have a special needs daughter and Tricare only covers so much of her needed care.
Granted I'm working (and getting paid rather well too) but still. It's so expensive to save for retirement, especially when you have a special needs daughter and Tricare only covers so much of her needed care.
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I am in good shape from a net worth perspective but I have had 28 years of employment with a single company (no interruption), many promotions and salary increases which allowed me to save a lot. I am no smarter than anyone else just long term investing, not touching it, being aggressive with investments and not trying to change course every other month.
Hopefully I can make it to 60-62 and eject safely.
Hopefully I can make it to 60-62 and eject safely.
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Cpl Jeff N.
GySgt Wayne A. Ekblad. I could be a case study in how not to do it and still ended up in pretty good shape. I went the hard way but made it work. I've tried to inspire my kids to do it differently.
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