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hughee99

(16,113 posts)

37. Putting money into a down-market can work out well for younger workers.

Reply to MissB (Reply #32)

Thu Feb 7, 2013, 12:15 AM

Feb 2013

I've been at my company for 15 years and I'm under 40. When the market dropped, the existing investments I had got hammered, but I'm also "buying low" at a young age. Since I can't touch the money for a long time anyway (at least 25 years), I'm not as concerned about current fluctuations as someone nearing retirement would be.

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If you are between 30-50 .. how do you feel about your nest egg? [View all] srican69 Feb 2013 OP

it's not looking good liberal_at_heart Feb 2013 #1

Are they discontinuing the PowerBall lottery? jberryhill Feb 2013 #2

I hope not, because that's basically my retirement plan. smirkymonkey Feb 2013 #5

lol, what nest egg? nt redqueen Feb 2013 #3

42 and I have no nest egg Marrah_G Feb 2013 #4

Right there with ya. n/t X_Digger Feb 2013 #7

I'm 33 and I fear retirement will no longer be an option by the time I turn 65. Initech Feb 2013 #6

Nest egg? KansDem Feb 2013 #8

Mine was poached jberryhill Feb 2013 #9

Lets just say the word retirement is probably not in my future. libtodeath Feb 2013 #10

Just over 40 and I'm starting to worry. pa28 Feb 2013 #11

That's about the size of it! I thought my nest egg was just great until I got the bill for my CTyankee Feb 2013 #15

I didn't vote Broken_Hero Feb 2013 #12

I'm screwed. alarimer Feb 2013 #13

Where in NC are you? JanMichael Feb 2013 #16

Other: working on it. politicat Feb 2013 #14

Things are good here FreeJoe Feb 2013 #17

are you joking? Liberal_in_LA Feb 2013 #20

No FreeJoe Feb 2013 #21

Ok, I thought maybe this statement: I'll rest easy when I'm in my late 90's and I have 10 times my Liberal_in_LA Feb 2013 #22

I can see how you'd take it that way FreeJoe Feb 2013 #24

I got screwed laundry_queen Feb 2013 #18

I should have my wife read this! FreeJoe Feb 2013 #25

Yes, please tell her laundry_queen Feb 2013 #40

Here is the AARP Retirement Calculator... IcyPeas Feb 2013 #19

My house will be paid for nobodyspecial Feb 2013 #23

Nest egg? I haz none. bunnies Feb 2013 #26

I like Ramen Noodles anyway. hrmjustin Feb 2013 #27

I'm counting on my ramen noodle perpetuated diabetes to take me out before I Ed Suspicious Feb 2013 #28

I'm on the I will be working til I am dead plan... Kalidurga Feb 2013 #29

OK, I'm a little older than your group...56. HooptieWagon Feb 2013 #30

Curently 42 and plan to retire in 2014 (thanks to Obamacare making HI afordable). So, looking good! kelly1mm Feb 2013 #31

Multiple retirement streams are likely. MissB Feb 2013 #32

In my thirties have to get a new career, one that pays. Retirement what's that! trublu992 Feb 2013 #33

Putting money into a down-market can work out well for younger workers. hughee99 Feb 2013 #37

I’m thinking about writing a cook book donco Feb 2013 #34

All I have is a 401k LostinRed Feb 2013 #35

I am too old for your poll...! nt MADem Feb 2013 #36

It will be eaten in my omelette tomorrow u4ic Feb 2013 #38

I'll have to work until I am 102. bigwillq Feb 2013 #39

I'll be working until I'm dead, then 40 years after. Apophis Feb 2013 #41

kick PETRUS Feb 2013 #42

Ha! PD Turk Feb 2013 #43

What nest egg? HappyMe Feb 2013 #44

Somewhere between options 2 and 3. Javaman Feb 2013 #45

ha. i cant answer. if it was me, piece of cake. my hubby has higher expectations and seabeyond Feb 2013 #46

Im mid 50's and not feeling good at all. DCBob Feb 2013 #47