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Tag Archives: Residual Income
My Dad Cannot Afford to Retire, But He’s Better Off Than Most
I often hear my Dad say that he cannot afford to retire or that he cannot afford to live past 85 years old.
That’s really sad to hear from someone who has worked and saved their whole life, earned a pension, and invested in their 401k. He’s done everything exactly as he was supposed to, as we have all been taught.
My Dad is an accountant. He knows all about saving, investing, and forecasting his money. That’s how he knows that he only have enough to live on until he reaches 85.