10-16-2008, 01:00 PM
Yeah. I'm 25, and I was simply playing devil's advocate. You're right, but I'm not planning on SS being around just in case. My grandparents had a bunch of crap happen to them, and they ended up having to live on SS for a while. They really struggled for a while, and during that phase, real estate shot up (and along came exorbident property taxes) causing them to have to sell their house....which they sold for $400k, the buyer remodeled it, sold it for $789K, and now it's back on the market for $650K....crazy.
anyway. you'll have PLENTY of time to get your retirement fund built up (as I'm sure you know), and the market WILL turn around. We couldn't sustain the growth that we had for the past little while. It will take a while, but we'll go through another major growth period in our life, and hopefully we'll be in the position to take advantage of it when it does!
anyway. you'll have PLENTY of time to get your retirement fund built up (as I'm sure you know), and the market WILL turn around. We couldn't sustain the growth that we had for the past little while. It will take a while, but we'll go through another major growth period in our life, and hopefully we'll be in the position to take advantage of it when it does!