Maybe an article like this should be aimed at a high school youngster.  They might need 60 years to be able to put the scratch together.  By then $1M may be worth around $20K today.  When you're already in your 50s, advice such as the article is pretty worthless.

Poor Anthony, so misguided.  The only thing anyone can aspire to in this time is to try your damndest to pay yourself out of debt.  Do everything you can to dump the credit cards, live within (or below) your limited means, get rid of the mortgage (what does that mortgage deduction really do for you?), and quit buying c...more

I sold my sterling silver flatware a few years back at a local jewelry store that was hosting an "event" to buy your unwanted things.  I felt totally ripped off.  It's better to just leave your jewelry in your jewelry box, and use your silverware and enjoy it.  I couldn't believe the number of people who showed up to s...more

"Jimrae" is absolutely right.  Some people just don't get it.  I have lived long enough to see how your life can change in a single day.  Sometimes for the better, sometimes for the worse.  You can plan and think you've made all the right decisions, and then see everything you have saved wiped out in some health catast...more

People, especially single people, or those who don't care to live with their adult children, should also consider a communal arrangement with a small group of friends.  The space needs to be adequate to accomodate everyone's needs but everyone can share expenses and responsibilities in a group home situation.