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      09-13-2014, 11:36 AM   #63
John 070
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Drives: 335i cpe
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Quote:
Originally Posted by ASAP View Post
That is an issue that has nothing to do with retirement... that is an issue with people making way too little and buying much more than they can afford and literally having 0 savings. That to me is just straight idiocy that nothing can help.

As far as 2009... you and I know both very well what happened then... even for retirement plans.
Yeah I think we're in agreement....people here sometimes feel shocked that the avg e46 driver per BMW mkt earned $140k. Today with the prevalence of leasing the number prolly is far lower.

Imho one should have savings before toys. Personally 1 yr income earning 0.009 in an internet savings acct is my rule. It's irresponsible imho that if one lost their job bye bye home and kids live in a trailer while daddy drives his leased M6 to Goodwill lookin to pop some tags.....
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