Comments on: No Money for Retirement? Blame Bush http://www.adamsweb.us/blog/no-money-for-retirement-blame-bush/ Fighting a never ending battle... Thu, 26 Jan 2012 22:04:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Adam Graham [Member] http://www.adamsweb.us/blog/no-money-for-retirement-blame-bush/comment-page-1/#comment-1554 Adam Graham [Member] Mon, 26 Jun 2006 00:50:41 +0000 http://adamsweb.us/blog/blog/index.php/a/2006/06/22/no-money-for-retirement-blame-bush/#comment-1554 You're right that its very hard to get started in your 40s and 50s towards a solid retirement. Regardless, blaming political leaders for your own problems is not a way to get ahead in life. You’re right that its very hard to get started in your 40s and 50s towards a solid retirement. Regardless, blaming political leaders for your own problems is not a way to get ahead in life.

]]> By: michael [Member] http://www.adamsweb.us/blog/no-money-for-retirement-blame-bush/comment-page-1/#comment-1553 michael [Member] Sun, 25 Jun 2006 23:31:54 +0000 http://adamsweb.us/blog/blog/index.php/a/2006/06/22/no-money-for-retirement-blame-bush/#comment-1553 This is typical. By thirty you have a clear indication of what people will do with their lives.<br /> Most wealth is created gradually and as a result of many years of hard work, planning, and good choices. When men hit forty and have little to show for it they begin to look for others to blame for their own personal failures. <br /> <br /> <br /> Sure there are examples of people who became successful later in life. But the majority of people develop habits which they are unlikely to break. The guy who goofed off during his teens and twenties is still the one most likely to procrastinate in his thirties and forties. He will still be sleeping Saturday and Sunday morning after a night out partying while <br /> the high achiever is up doing something to better his life.<br /> <br /> <br /> I would love to have this guys complete financial history. This claim is especially telling <br /> <br /> "Most of us are one paycheck away from the street without a social safety net. " <br /> <br /> <br /> One paycheck from the street? This could only be the case if this guy is still renting in his mid-forties. I guess this fellow thought it was best to hold off buying and locked himself out of the housing market, But that is not typical for baby boomers.<br /> <br /> News & Notes: Baby Boomers Have Big Appetite for Real Estate<br /> <br /> By Darrell Hofheinz, Marketing Editor <br /> Thursday, June 01, 2006Baby boomers have a higher rate of homeownership than the national average, and one out of four own more than one property, according to a new study of the largest generation in U.S. history commissioned by the National Association of Realtors. Initial results were released recently at NAR's Midyear Legislative Meetings & Trade Expo. <br /> <br /> <br /> <br /> http://www.palmbeachdailynews.com/real/content/realestate/RES_061006_News_and_Notes.html<br /> <br /> Baby boomers also are more educated than those before them. So McCarl is not typical of most boomers . Rather he is similar to those who missed out on the opportunities afforded to most in his age group.<br /> <br /> Remember what I always say. Those who can, DO. Those who can't, either teach and/or complain. This is typical. By thirty you have a clear indication of what people will do with their lives.
Most wealth is created gradually and as a result of many years of hard work, planning, and good choices. When men hit forty and have little to show for it they begin to look for others to blame for their own personal failures.

Sure there are examples of people who became successful later in life. But the majority of people develop habits which they are unlikely to break. The guy who goofed off during his teens and twenties is still the one most likely to procrastinate in his thirties and forties. He will still be sleeping Saturday and Sunday morning after a night out partying while
the high achiever is up doing something to better his life.

I would love to have this guys complete financial history. This claim is especially telling

“Most of us are one paycheck away from the street without a social safety net. ”

One paycheck from the street? This could only be the case if this guy is still renting in his mid-forties. I guess this fellow thought it was best to hold off buying and locked himself out of the housing market, But that is not typical for baby boomers.

News & Notes: Baby Boomers Have Big Appetite for Real Estate

By Darrell Hofheinz, Marketing Editor
Thursday, June 01, 2006Baby boomers have a higher rate of homeownership than the national average, and one out of four own more than one property, according to a new study of the largest generation in U.S. history commissioned by the National Association of Realtors. Initial results were released recently at NAR’s Midyear Legislative Meetings & Trade Expo.

http://www.palmbeachdailynews.com/real/content/realestate/RES_061006_News_and_Notes.html

Baby boomers also are more educated than those before them. So McCarl is not typical of most boomers . Rather he is similar to those who missed out on the opportunities afforded to most in his age group.

Remember what I always say. Those who can, DO. Those who can’t, either teach and/or complain.

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