Retirement: Movie Analysis

I am so glad that you had us watch this movie, because it really makes a person think about their future, and what they can and will do with it. I am very thankful that I contribute to a retirement plan, and I have since I was twenty years old. I thought, just by putting money away at an early age I would not have to worry about running out of money. Well, after watching this movie I was obviously wrong about my retirement; I cannot just automatically think that I am ok. One of the statics that was in the money was that you needed to be putting at least eleven percent into your retirement to stay above poverty. When I was twenty I use to put away fifteen percent of my pay check into 401K, and I did that until I was twenty-four. I dropped my 401k down to five percent when I had my daughter, due to the fact that I was not able to put that much money away anymore, and my business matches five …show more content…
Immediately, after watching this movie, I raised my 401K up to seven percent for right now, and I will plan on moving it up again a couple of percentages after a few months, and hoping that I will be able to adjust. This movie made me afraid that even I will not have enough money to retire, and I have been basically saving my money since I started working. One thing that came to mind when I was watching this movie was that there is a lot of talk about my generation not having social security when I will be able to retire, what will this mean for me? Should I be saving twice as much money? I obviously need to be researching good people to be talking to about my retirement, so that they can point me down a direction and hopefully it will be the right one for me. When I was listening to the movie about all of the options that people have for their retirement, I became easily overwhelmed, and joyous that I did not have to pick between a whole bunch of options. Where I work you have the choice to pick between five