Before we dive into today’s poll, we want to take a moment to remind everyone of something important. Whenever you participate in one of our polls, your responses are completely anonymous and confidential. We have absolutely no way of knowing how you personally voted. Your privacy is always protected, and we want you to feel comfortable sharing your thoughts.
Now, with that in mind, let’s get to today’s poll. We’re interested in learning how financially secure you’re feeling these days.
Do you feel completely at ease—no financial concerns, everything’s on track? Or perhaps you’re mostly doing fine but occasionally have some worries about the future, like unexpected expenses popping up? Maybe you’re in a tough spot right now, feeling financially unstable or unsure how to manage?
Whatever your situation is, we’d love to hear from you. And if you’re comfortable sharing a bit more, we always welcome comments. Let us know how you’re managing or what’s on your mind when it comes to finances. As always, thank you for taking part in the poll.
Depends on what happens in a few weeks.
Hopefully there won’t be a repeat of Jan 6 …Semper Fi.
While I feel secure, but the way our political party is in power now. Concerns me with the prices of everything going up, their dictatorship and disharmony among Americans.
No chicken dinner for you.
Exactly this and I agree well hopefully it’s gonna get better 🙏🏻
Inflation has been wrecking havoc on my retirement savings. Living on a fixed income is getting tougher.
Since we aren’t born with an expiration date stamped on our body, there is always some uncertainty. Do I need money for the next 40 years or only for next week?
“If you don’t find a way to make money while you sleep, you will work until you die.” Warren Buffet. You have to learn how to invest. Join an investment club or start one. Motley Fool or other reputable learning sites. Interview investment brokers and start investing. Realize Annuities are insurance policies. In the rat race of life, investing is the Tortoise, not the Hare. Yes, your money is going to go up and down, be patient. Who doesn’t love a good sale? When the market is down, you call your broker and discuss buying stocks that are now on sale!! JUST START!
Be wise in how you invest in the days in front of you. Unlike money, they cannot be replenished nor inherited and will be worth more than everything you’ve ever amassed in your final hours.
Regardless of where you score your finances, you’re alive. The cemetery is full of people who would gladly trade their entire net worth for just a few of the hours people squander on trivial and meaningless things.
TLDR: Enjoy your RV folks. You’re blessed with an opportunity (even if it doesn’t feel like it) not many will ever experience.
We played by the rules for retirement while working. In particular we were careful about buying ‘big boy’ toys. We retired with minimal debt (a car payment). Near retirement we purchased a larger TT that is for all practical intents, stationary as a winter home, and a couple years ago a much smaller TT so we can travel turtle with our SUV. And a home we have had for 35 years. We are currently debt free. Our income is a combination of SS, two small defined benefit pensions (basically groceries and gas), and 401k/403b investments (more than 1/3 as Roth to reduce RMD issues in the near future). We are not worried about our next meals, but we also have lived simple lives.
I was financially set and on track to retire up to about 3 1/2 years ago.
Now, I’m still working and November 5th will determine my fate.
Trying not to get political,but we were just fine 3-4 years ago. Not anymore.
I am in my late 70’s and blessed financially through selflessness, hard work and living within our means. Sadly, the opportunities I had are less achievable for younger generations. Will the mass be able to retire like the boomers?
Are you insinuating that all boomers are well off?
looks like someone was a grasshopper rather than an ant
One problem with the younger generation is they live well beyond their means. New house, new car, new expensive toys, maxed out credit cards, etc. Relying on two incomes to make ends meet. Not looking ahead to see what may happen in an emergency situation, or if one loses their job.
We’re also in our 70’s, but we started to save when we first got married.
A friend who was working for an investment firm told us to start putting money away for the future. We followed his advice and ran with it.
AND, I don’t want to hear how much more things cost today. It’s all relative. I made about $600/month. Now it’s 8-10 times that.
And 600 a month would get you a place for 250 a month and ya had a little to put away for the stormy days
Unfortunately no they won’t and we who are better 🙏🏻
My wife has developed dementia and the rate of charge to house her in a memory health center is running about 8000 bucks a month. Obviously this is chewing away at our savings. My hope is that if (some, if not most) may be deductible on our taxes. Unfortunately I really won’t know how much until I get ready to file. I’m saving every receipt I can get and will be looking for an excellent tax preparer as I have always done my own since it was a simple matter to do with turbo tax.
Very sorry, Ron! I can offer no advice, but am hopeful that you find someone who is competent and honest to help with/do your taxes.
I was on the edge 4-5 years ago, but with some prudent investing in stocks I’m much better off financially now.
Inflation? live with it, prices are not going back to what it was 4-5-6 years ago.
Yep, our investments have returned in the last couple of years.
Or 1930’s
Thank you, RV Travel! 🙂 Peachy keen, thanks! Have a great day, safe travels, and safe stays! 🙂
We planned for our futures and sought meaningful, well paid occupations. That included tucking away maximum IRA & HSA funds each year. I retired 5 years ago with a secure pension & my wife still does part time contract work from home. We have no outstanding loans. We pay off our credit cards each month. Our retirement investments are sound (cross fingers no market crash). We spend our summers in the NE and winters in FL I feel for those that failed to plan for their senior years. Unlike those that inherited their wealth, we both came from working class families (I worked in McDonalds too). We got good college degrees (while working) and pulled ourselves up by our own boot straps.