Most N.J. workers anxious about being able to afford retirement, poll shows
TRENTON — Nearly all New Jersey residents age 35 and older say they hope to retire one day, but two-thirds are anxious about saving enough money so they could afford it, according to a poll released Thursday by AARP. AARP, the influential lobby for people 50 and older, is championing a solution for the roughly 1.7…
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Many people don’t want to hear this, but retirement is a man-made myth and for thousands of years wasn’t part of everyday life. I wrote about this in my book “Confessions of a Wall Street Whiz Kid” and hope you publish it by providing this link. The fact that most on Wall Street practice a badly flawed financial planning process only makes matters worse for most average Americans http://www.petergrandich.com/retirement-isnt-what-it-use-to-be/
NJ- whatever you do manage to accumulate, this is one of the states that will make it nearly impossible to live on it, retain any of it, or, God forbid, pass anything left on to your kids: they pretty much will tax it more and more, and grab whatever is left, of your life’s work!! Has to be better, elsewhere..
NJ is one of the few states where you have to pay for two homes to have the benefits of one. That extra home fee, also referred to as property taxes, is the cost of living in the Peoples Republic of NJ and is preferred by many in lieu of retirement.