I don't have much to add to these. For anyone with a mortgage, read the mortgage scam article. Yikes!
An old mortgage scam aims to hijack a payment or two
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Nest egg should be 10 times your annual salary, study says
"Only about 1 in 10 Americans manage to meet that goal for retirement savings, but those who do report feeling financially secure, a study by Lincoln Financial Group finds."
http://articles.latimes.com/2011/jun/04/business/la-fi-retir...
Depressing part?
"Also, a majority of those who became 10-timers boosted their savings rate when they had extra money to salt away. It's especially helpful to do that early in your career, according to the study.
"Steadily saving a modest amount each year is important but is probably not enough by itself" to achieve 10-timer status, the study says."
June 10th, 2011 at 03:26 pm 1307719582