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Ad: "If you're making $50K/yr, you need to have saved $1.5 MILLION to Retire" (??) [View All]

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The Cleaner Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-13-07 11:57 AM
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Ad: "If you're making $50K/yr, you need to have saved $1.5 MILLION to Retire" (??)
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This is an ad I got the other day. Now tell me, who the hell has 1.5 million saved up? The average middle class American is struggling to pay the bills and get out of debt, let alone save this much in a 401K. You'd have to set the withdraw amount at like 15% which of course leaves you with a lesser paycheck.

This is ridiculous. Nobody can save up that much in today's world. Hell I've been laid off several times and have now gone a few years without work due to med problems. I'm sure I'm not the only one.
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