Are you a born retirement saver? (Yes—if you exercise, eat healthy and read labels)

WSJ Market Watch ^ | April 2, 2013 | Robert Powell

[E. Pluribus Unum]

Are some people born to save and others not? Is it nature or is it nurture? Well, a new study on this age-old debate suggests that—at least when it comes to saving for retirement—it’s more nature than nurture. You are either hard wired to save or not.

[E. Pluribus Unum]

If you don't spend every cent you can get your hot little hands on the minute you get your hot little hands on it, you are RACIST!

[griswold3]

Rep. Jerry Nadler was on CSpan recently and said that ‘Savings damages the economy’. One man’s savings is another man’s lost job, to paraphrase.
What a maroon! What a gull a bull!

[E. Pluribus Unum]

Rep. Jerry Nadler was on CSpan recently and said that ‘Savings damages the economy’

The mindset there is that all money and all property rightfully belongs to the feral government. Jerry wants us all to be indentured slaves to the feral government.

[erlayman]

How much does market crash insurance cost ???

[freedumb2003]

>> You are either hard wired to save or not.<<

I beg to differ. Until I got married in my 30s I was a “if I have checks I have money” kind of guy. No retirement savings, not much savings in general, etc.

Then my approach to debt and savings changed — I started socking away every penny and quickly grew to HATE debt (the only debt I have now is a 3.5% mortgage on my new home — I paid off my old one — which is damn near free money).

My retirement is almost where it would have been had I started in my 20s (but I had to go without a lot to get there). I “pay myself first” into savings and retirement every paycheck.

These habits CAN be learned — and taught to yourself!

[TurboZamboni]

Democratic lawmaker: Obama must ‘exploit’ murdered children to get gun control

http://www.examiner.com/article/democratic-lawmaker-obama-must-exploit-murdered-children-to-get-gun-control

Nadler is a piece of dung that waddles.

[21st Century Crusader]

Are you a born retirement saver?

If 'YES', "You didn't do that!" and 0bama has big plans for your money (that don't include you).

[E. Pluribus Unum]

Anybody who saves any money is RACIST.

[marktwain]

Does not seem like much of a study to me. If you are a forward thinker, you will be a saver...

Yes, the two are highly correlated. So?

I do not see anything in the article to indicate that these behaviors are genetic rather than learned.

There is mention of 10 year olds, but that hardly rules out learned behavior. I had learned the idea of compound interest by 10 years old.

It is more likely an indication that some people have the *capacity* to learn to be forward thinkers, more than other people.

[what's up]

So it’s kind of like being gay. If you don’t have the straight gene there’s nothing you can do about it.

[E. Pluribus Unum]

Nothing is anybody's fault. We are all victims of genetic fate.

</sarcasm>

[Gay State Conservative]

May Dad,who grew up in the Irish slums of Boston (”Southie”)
before and during the Depression,taught me to save.He did so not with words but by example.He always lived well below his means.He always drove Oldsmobiles and wore Timex watches when he could have afforded better.From his example I learned to live below *my* means.

[SgtHooper]

“Yes—if you exercise, eat healthy and read labels.”

Ah bull$hit!