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Old 20-07-2015, 04:11 PM
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If you look at the post carefully, the income is $7500 & expenses is $3000. Children allowance is only $1000. So even without the allowance, income is still higher than expenses.

Quote:
Originally Posted by Unregistered View Post
I think is just a pessimistic view on the previous user. The reason why I think the user say that is because of the uncertainty of whether your children will give him/her allowance. You also not sure whether you children will give you allowance right?

Certainly everyone has the right to retire, but there are many people cannot afford to retire due to the financial burden that they have (children didnt support them, family face financial issue and etc). Also you are imposing your "ideal" future to the other people here as well. So please say yourself first before saying others.

Also, it is right not to include allowance for children for your retirement plan. Because one day you wouldnt know that your children face difficulty in their finance, then instead they need your help. like that how you handle?

Do think thoroughly in your retirement plan, think of all the possible scenario.
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