-
-
Replying to @AustenAllred
Tbf the average working salary in America is 58k. No matter what your mortgage, etc situation is saving 1/5 of your salary can be tough.
1 reply 0 retweets 0 likes -
Replying to @heathwblack @AustenAllred
I guess what I'm saying is that you're kind of slightly right and slightly wrong in your assertions.
1 reply 0 retweets 0 likes -
Replying to @heathwblack
I’m not saying it would be easy, but lowering caps makes it impossible. Making 60k and saving 18k *pre-tax* is 100% reasonable, esp w/o rent
1 reply 0 retweets 2 likes -
Replying to @AustenAllred @heathwblack
And even then, you can be solidly middle class w 100k salary in later years and little retirement, trying to catch up. So why lower cap?
2 replies 0 retweets 1 like -
Replying to @AustenAllred @heathwblack
Saving for retirement in a 401k is the healthiest thing that can happen in the economy, and isn’t enough to make rich ppl game system
1 reply 0 retweets 2 likes -
Replying to @AustenAllred
Agreed about caps. Don't agree that is "reasonable" or even feasible for many families.
1 reply 0 retweets 0 likes
Sure. The people lowering the caps would hurt the most would be the 55 year old w desperately trying to retire in 10 yrs. Last ppl to hurt.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.