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flamesfever · 03-11-2022, 01:56 PM

I recall about 30 years ago, the amount one needed to live comfortably in retirement was 70% of your normal working income. At that time the amount was $35,000. for the average couple. However, with inflation, change in spending habits, and insensitivity to debt, I believe nowadays the average person is going to need a lot more assistance from the government to live normally, especially if they are not going to receive an adequate inheritance.

03-11-2022, 01:56 PM	#412
flamesfever First Line Centre Join Date: Aug 2004 Exp:	I recall about 30 years ago, the amount one needed to live comfortably in retirement was 70% of your normal working income. At that time the amount was $35,000. for the average couple. However, with inflation, change in spending habits, and insensitivity to debt, I believe nowadays the average person is going to need a lot more assistance from the government to live normally, especially if they are not going to receive an adequate inheritance.