How do you plan on funding your retirement?

[Cybordolphin]

How much $$ is everyone saving for retirement?
Are you expecting to inherit?
Do you care?

 

[Russ]

I'm going to suckle at the government teat. I want Federal Piggy to take care of me, so I intend to invent some malady at retirement.

Russ, NCNE

 

[StageLeft]

I'm 22 and recently begun funneling 10% of income into mutual funds; partly for retirement, the rest for a later-life fun-fund.

 

[Windogg]

Like Skoorb, I'm socking it away as much as I can into my 401(K) and IRA.

Windogg

 

[chiwawa626]

Fund my retirement? lol I'll just buy a ton of intel stock, this new P4 technolgy must be so great that its the future.......j/k

 

[StageLeft]

The Irish Republican Army? Damn, thats a risky investment isn't it?

 

[damocles]

My girlfriend is a lawyer...... and earns more than i do.

The real question is how do i convince her its time for me to retire now?

 

[vi edit]

2k a piece in IRA's a year for me and the G/F
She puts in 10% of her paycheck for 401k
I'll start putting in 8%(cus that all the company will match) May(one year date needed for qualification)

I five years time(G/F graduates w/ Dr. in pharmacy) we'll start dropping about 2k a month into a Mutual fund/CD's and keep 'em rolling.

 

[DaveJ]

Currently putting 11.5% into a 401K (automatic company contribution), plus $100 a month each into a 403b and Nationwide mutual fund that also provides $300K of life insurance. Just put another 2K in an IRA... Come March when I get my main student loan paid off I'll be saving an extra $1K a month on top of all that other stuff...

I'm 24, BTW. Started the IRA when I was 18... I intend to be well prepared...

Dave

 

[~zonker~]

Already pretty well Funded... dumb luck, mothers in law can be good for some things, God bless her soul