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#71684 - 07/01/05 06:36 PM Boomers and our future, moulah wise
chickadee Offline
Member

Registered: 09/26/04
Posts: 3910
Loc: Alabama
I would like to know more about how other Boomers Women are saving, investing for the future etc. What about single Boomer Women?

chick

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#71685 - 07/02/05 07:02 AM Re: Boomers and our future, moulah wise
jawjaw Offline
Da Queen

Registered: 07/02/03
Posts: 12025
Loc: Alabama
Well I actually have two methods.

1) Have a wreck and break everything on your left side, then collect. Uh huh.

2) Find a man who is terminally ill, has no children or Ex hanging around, loves fluffy women and his Mother is dead. Okay, this one is still in the works.

What?

Oh alllllright. I have a 401K, a pension which I will start drawing next Feburary and my fingers are crossed for the lotto. Other than that...its back to #2. While #1 worked fine, I found out I'm allergic to pain.

JJ

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#71686 - 07/02/05 07:08 AM Re: Boomers and our future, moulah wise
Dianne Offline
Queen of Shoes

Registered: 05/24/04
Posts: 6123
Loc: Arizona
I put all of my change and one dollar bills (that I haven't spent) in a glass jar. When it's full, I deposit it into a savings account. It adds up faster than you realize.

We have a Merril Lynch thingy (I'm really into this, don't even know what it's called!) and our creepy little investment guy takes care of it. He's a jerk but doing a good job for us. Don't tell him I said so though.

Call me strange, but I've stopped shopping for clothes or items for the house. Dust collectors. I'm really getting into this new phase. It feels wonderful. I'd rather sock the money away for my old age...which is rapidly approaching.

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#71687 - 07/01/05 09:48 PM Re: Boomers and our future, moulah wise
Vicki M. Taylor Offline
Member

Registered: 01/06/03
Posts: 2196
Loc: Tampa, FL
My husband and I have several IRA/401K accounts.

My personal suggestion is marry someone much younger than you, (like I did) and he'll continue to support you in your old age. [Smile]

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#71688 - 07/01/05 11:14 PM Re: Boomers and our future, moulah wise
unique Offline
Member

Registered: 12/21/04
Posts: 483
Loc: North Carolina
I'm gonna work til i drop dead; then I'm going HOME.

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#71689 - 07/02/05 12:53 AM Re: Boomers and our future, moulah wise
Lynn Offline
Member

Registered: 06/26/03
Posts: 621
Loc: pennsylvania
I received some profit sharing from my almost previous employer, socked some away in a 401K and inherited some from my in-laws that is invested.

Even though I do financial work for others I am really not that interested in it either although I should be. Our financial planner said I could live to 85 and have money. But he is probably planning that I remain at my dcurrent salary and keep investing. NOT going to happen. But maybe I will get a pension from my next job who knows?

I keep my fingers crossed too.

Lynn

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#71690 - 07/02/05 02:16 AM Re: Boomers and our future, moulah wise
chatty lady Offline
Writer

Registered: 02/24/04
Posts: 20267
Loc: Nevada
I have always been taught by a very smart Grandmother "to pay yourself first." I have always tried to do that and at age 50 took the money and bought my house for cash. At least I know I'll have a roof over my head....

Married a man 7 years my junior but he turned out to be a mooch...so much for that plan....

Dieting cnstantly to approve my appearance to attract one of the men JJ talks about, old, unable too though willing, dead ex wife and no dam kids. Him I'll marry. Oh did I mention he would have to be loaded...Works for me. [Big Grin]

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#71691 - 07/03/05 06:10 PM Re: Boomers and our future, moulah wise
chickadee Offline
Member

Registered: 09/26/04
Posts: 3910
Loc: Alabama
Great posts, the serious AND funny ones. What about life insurance? Of course on Him, silly! We do live longer than men, I mean come on now. [Wink]

chick

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#71692 - 07/04/05 12:08 AM Re: Boomers and our future, moulah wise
unique Offline
Member

Registered: 12/21/04
Posts: 483
Loc: North Carolina
I wasn't joking. (this time [Razz] )

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#71693 - 07/04/05 05:17 AM Re: Boomers and our future, moulah wise
chatty lady Offline
Writer

Registered: 02/24/04
Posts: 20267
Loc: Nevada
Me neither Unique and Chick I do still have a policy on my ex...one can hope can't they??? [Roll Eyes]

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