Did you not have opportunity to invest in 401K or other long term investments prior to 2013? Compounded interest over time and employer matching is a heck of a tool to get ahead. I'm sensitive to the situation you are in, truly empathetic, but its hard to distinguish your constant "greed/rich get richer" talk track when this post kinda validates lack of proper financial planning on your part.
Hope things look up for you in 2022.
Best,
Yes, my wife and I both had 401's which we had to liquidate, paying the early withdrawal fees. They don't care what your situation is, as not one of the people who create these plans have absolutely ZERO concern for you. All they want is theiir money. No matter what happens to you (car wreck, stroke, heart attack, cancer, etc,) when you need your money that you have saved for many years, and then you need it to keep from becoming homeless, the greedy say "give us our money, it's ours, we are highly paid people in he medical business and the king of all Greed is the Bankers, don't you even think about missing the house payment, with the extremely high amount of mortgage interest they charge you, we'll kick you out of "our" house. and it doesn't matter what you're going through",,,,,
Try going 5 months with zero income, then add 20+K dollars in medical bills with collection agencies calling every week wanting their money, are you going to have enough savings to say" no problem"? My wife got let go of her job training physicians how to use breast biopsy equipment 6 months before I had to quit work, losing a 97K dollar/year salary, she got replaced with a blond 27 year old with large breasts (which the doctors like having them right next to them in surgery).They told her she didn't fill her calendar out correctly even though a month before she got her Quarterly bonus. Because I made a low salary, we had to sell our house that we had completely renovated and thought we were going to retire in.
I worked for 35 years and never made over $35k/year the whole time, try that too. Making 35K/year doesn't leave a lot of money to constantly dump into savings. You can call it improper financial planning but I put the maximum amount allowable into my 401 for years. The old saying is: "You spend your youth gaining wealth, only to lose it trying to regain your health in old age" . Only until everyone who reads this (likely young and healthy), loses their health in a catastrophic manner like I did, they will have absolutely no idea what I'm trying to explain. I feel it's necessary to explain this as well so that you may understand why there is much negativity in some of my posts, which you have called me out on, justifiably. I apologize to all I offend. As well as the OP of this thread for completely hijacking it.
Thanks for your well wishes too. Now back to Estes pricing.
