Posted by JerryS on June 06, 2015 at 09:13:08 from (98.80.107.40):
In Reply to: Raising $400? posted by Traditional Farmer on June 06, 2015 at 05:18:14:
I could come up with ten times $400 Monday morning. I still have a stash, but when you're old, crippled up and on a fixed income, the worry is constant even if you do have some tucked back. The unexpected things keep whittling at your pile: just last month I had to replace an air conditioner, a water heater and make repairs on my car and a lawn mower. I had to write a big check to IRS. I have some large medical expenses coming up soon. I'm past the point where I can go out and get part-time work to replenish the pile.
Also, I don't know if the economists say we're in a period of inflation; all I know is that things seem to be higher every time I go to the store. I don't know how the folks who retired on a fixed income 25 years ago are making it. I may find myself hoping I don't outlive my assets.
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