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Old 05-26-2019, 10:32 PM   #1
Mr. V
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Default Prudent Granite State savers

A survey reports NH is one of only four states whose residents report having saved at least $300,000.00 for retirement.

link: https://www.gobankingrates.com/retir...ment-state/#52

My guess: most of it was earned in states other than NH.

Nothing wrong with that.
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Old 05-27-2019, 09:37 AM   #2
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Oops: here's a better, direct link to the reference to NH:

https://www.gobankingrates.com/retir...ment-state/#31
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Old 06-12-2019, 05:24 PM   #3
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Today's June 12, 2019 NY Times has a long article titled "Social Security Is Staring at Its First Real Shortfall in Decades. Big Cuts Could Follow."

Problem is too many baby boomers on the receiving end?

Could be a good time to switch from that $1.29 tuna fish down to the 0.79 can of tuna fish, and start setting some money aside ..... otherwise I'll be eat'n that 0.57 Fancy Feast ...... which is very nice if you is a cat.

Someone .... figure out posting this article here?
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Old 06-12-2019, 06:18 PM   #4
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Quote:
Originally Posted by fatlazyless View Post
Today's June 12, 2019 NY Times has a long article titled "Social Security Is Staring at Its First Real Shortfall in Decades. Big Cuts Could Follow."

Problem is too many baby boomers on the receiving end?

Could be a good time to switch from that $1.29 tuna fish down to the 0.79 can of tuna fish, and start setting some money aside ..... otherwise I'll be eat'n that 0.57 Fancy Feast ...... which is very nice if you is a cat.

Someone .... figure out posting this article here?
That's fake news!
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Old 06-12-2019, 07:04 PM   #5
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Originally Posted by Biggd View Post
That's fake news!
https://www.nytimes.com/2019/06/12/b...fall-2020.html

..... probably has a pay wall? ...... and, click on 'latest social security study' in blue, about half way down to see how this all effects New Hampshire.

Rich or poor, you is better off rich?
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Old 06-13-2019, 12:44 PM   #6
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Now Lets post what it says on in the entirity of the ariticle by the OP...

Quote:
New Hampshire

Most popular answer: $300,000 or more saved

New Hampshire is a state of extremes. About 23 percent of those polled have nothing saved for retirement, which was the third-highest percentage in that category. With 30.77 percent of New Hampshire respondents boasting retirement funds greater than $300,000, however, just one state has a greater concentration of high savers.

New Hampshire is also the best state for families to live a richer life.
So while yes there are many people with great retirement savings, that are also a large number people that have nothing.... and NH is in the Top 3 of that catagory.....

What would be nice to understand from this poll, is what was the age demographic that responded... Then maybe someone could interpret something useful from the information....
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Old 06-13-2019, 02:16 PM   #7
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And exactly how are we to know the information that respondents gave is accurate? Their word? LMAO.... I'm sorry but that entire article is BS.

It should instead be worded as such: 23% claim they have nothing saved while 30.77% claim they have more than 300K.

Like anything reality is often times much different than wishful thinking.
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