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Re: Jim is Jim post# 81912

Thursday, 01/08/2009 1:03:30 PM

Thursday, January 08, 2009 1:03:30 PM

Post# of 147210
<What's a pension? What is retirement?>

We on the many small pots and we won't starve retirement plan :).

Traditional pensions, IRAs, 401k equivalents (457 plans), Individual Account Plans (part of Oregon's public hybrid retirement plan into which our colleges put an amount equal to 6% of our salaries, Social Security and the equity in our home, which is still way hefty even with the 10% drop in prices the Portland area has taken over the past year.

We're headed to the Yucatan Peninsula (most likely) in 2 or 3 years, where we have friends living very well today on $2500 a month.

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