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1) Do you think you’ll have enough money for a cbomfrtaole retirement?Yes, in today’s dollars, but inflation could make cbomfrtaole into miserable. Current retirees will be pinched by inflation which will greatly reduce the buying power of Social inSecurity and other pensions that will get a dismal cost of living adjustment.2) Do you plan on receiving the social security benefits that have been promised to you?Although I am 44, I am not yet vested in Social inSecurity. I plan to work a J.O.B., just over broke, to earn 9 more quarters so I qualify, even if SS is only enough to visit Starbucks monthly.3) What % of your income do you save today for retirement? I save about 8% over my State of California pension, which will be 90% of my last salary when I turn 50. Yes it is a good pension, but I have worked in state prisons amidst filth, stress, tb, aids, hepatitis, and toxic attitudes for 20 years. The CDCR is accepting applications, if you want to join me. Not everyone wants to run a tier, or fight HIV+ prisoners, in a cloud of pepper spray.4) Where would you like to retire?Any place that does not have harsh winters, criminals, gang problems, etc. I hope to live in a good place to raise kids.5) How old are you, and what age do you plan on retiring?I am 44, and want to retire from the state at 50, but continue to work coaching, and making a difference to our youth. I will likely continue to work another job, for fun money, and travel cash, as well as for a hedge against inflation.
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