Comments on: INTERVIEW: Jane White, author of “America, Welcome to the Poorhouse” http://www.rabbitfunds.com/2010/01/interview-jane-white-author-of-america-welcome-to-the-poorhouse/ Financial Planning Information and Frugal Ideas Tue, 07 Feb 2012 00:21:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Adam Williams http://www.rabbitfunds.com/2010/01/interview-jane-white-author-of-america-welcome-to-the-poorhouse/#comment-1592 Adam Williams Thu, 02 Dec 2010 17:13:00 +0000 http://www.rabbitfunds.com/?p=835#comment-1592 Great questions. If a burger flipper plans to work as a burger flipper for most of his career, then he needs to save just about every penny. Most people don't know how much they need in order to retire. That problem is not unique to minimum wage earners. And that number may actually be realistic depending on how far away retirement is and if he can earn some extra. Admittedly, I'm assuming that a minimum wage earner does not have many expenses and is accustomed to a minimalistic lifestyle. Therefore, he does not need as much as a doctor will need since retirement will simply be an extension of that minimalistic lifestyle. For an in-depth estimate of how much one will need, use: http://www3.troweprice.com/ric/ric/public/ric.do For a simple estimate, use: http://cgi.money.cnn.com/tools/retirementneed/retirementneed_plain.html Great questions. If a burger flipper plans to work as a burger flipper for most of his career, then he needs to save just about every penny. Most people don’t know how much they need in order to retire. That problem is not unique to minimum wage earners. And that number may actually be realistic depending on how far away retirement is and if he can earn some extra. Admittedly, I’m assuming that a minimum wage earner does not have many expenses and is accustomed to a minimalistic lifestyle. Therefore, he does not need as much as a doctor will need since retirement will simply be an extension of that minimalistic lifestyle.

For an in-depth estimate of how much one will need, use: http://www3.troweprice.com/ric/ric/public/ric.do

For a simple estimate, use: http://cgi.money.cnn.com/tools/retirementneed/retirementneed_plain.html

]]> By: curious http://www.rabbitfunds.com/2010/01/interview-jane-white-author-of-america-welcome-to-the-poorhouse/#comment-1591 curious Thu, 02 Dec 2010 16:45:00 +0000 http://www.rabbitfunds.com/?p=835#comment-1591 How much should a minimum wage burger flipper be saving for retirement? It it realistic that a burger flipper would even know this number? Is saving this amount realistic? How much should a minimum wage burger flipper be saving for retirement? It it realistic that a burger flipper would even know this number? Is saving this amount realistic?

]]> By: Adam Williams http://www.rabbitfunds.com/2010/01/interview-jane-white-author-of-america-welcome-to-the-poorhouse/#comment-1122 Adam Williams Tue, 23 Feb 2010 21:21:17 +0000 http://www.rabbitfunds.com/?p=835#comment-1122 I agree that she aptly describes the current situation in America and the frustration we all feel. My concern is that her approach to solving the problems are not the right approaches as they aren't thoroughly vetted. I agree that she aptly describes the current situation in America and the frustration we all feel. My concern is that her approach to solving the problems are not the right approaches as they aren't thoroughly vetted.

]]> By: ginofrominvestmentfund http://www.rabbitfunds.com/2010/01/interview-jane-white-author-of-america-welcome-to-the-poorhouse/#comment-1121 ginofrominvestmentfund Tue, 23 Feb 2010 16:41:13 +0000 http://www.rabbitfunds.com/?p=835#comment-1121 Jane White knows why American families feel as if they are on a treadmill running out of control, and she explains the reasons with clarity, insight, and rare honesty. Jane White knows why American families feel as if they are on a treadmill running out of control, and she explains the reasons with clarity, insight, and rare honesty.

]]> By: fwisp.com http://www.rabbitfunds.com/2010/01/interview-jane-white-author-of-america-welcome-to-the-poorhouse/#comment-409 fwisp.com Tue, 12 Jan 2010 20:04:47 +0000 http://www.rabbitfunds.com/?p=835#comment-409 <strong>Interview: Jane White, author of "America, Welcome to the Poorhouse"...</strong> In America, Welcome to the Poorhouse, Jane White sounds a strong warning to the nation's citizens that change is needed in order to retire with enough in the bank. White uses this book in order to promote specific political changes and bills that she i... Interview: Jane White, author of “America, Welcome to the Poorhouse”…

In America, Welcome to the Poorhouse, Jane White sounds a strong warning to the nation’s citizens that change is needed in order to retire with enough in the bank. White uses this book in order to promote specific political changes and bills that she i…

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