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"Way way way short"

April 27th, 2012 at 11:51 am

I am just watching Suze Orman's April 14th show online and someone who is 38 called in during the "Can I Afford It?" segment with $41k in retirement. She was denied, because Suze said she is "way way way short" for someone her age. My husband is 38 and we only have $33k now (after having to take the rest out during our unemployment/layoff in 2010). I knew we were short and really need to bulk it up, but it's humbling to hear it put that way. I want to write it here so I'll see it again, be reminded and perhaps be refocused in the future if need be.

6 Responses to “"Way way way short"”

  1. creditcardfree Says:

    Good luck making retirement your new focus! One can't borrow for retirement. It has to be a priority.

  2. rob62521 Says:

    Sometimes we need that push to keep on track.

  3. NJDebbie Says:

    I'm also short on my retirement, mostly because I officially started working full-time in my mid thirties. I'm now contributing $700 a month to various retirement funds to make up for lost time.

  4. Jerry Says:

    It is sobering, but at least it leads to a reckoning of where things stand. We are in a similar boat because I am finishing school, but we hope to have some insurance of being able to make up for lost time once I am gainfully employed. You are not alone, just don't give up!

  5. Dana Says:


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  6. Dana Says:

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