see you all in the poorhouse…I’ll be the one in the pretty shoes.

[originally posted on myspace on Friday, November 9, 2007]

We (those born 1965 to 1980) are not saving enough. Which I absolutely do believe.

What I can't believe, according to the article: 45 percent of women would buy 30 pairs of shoes before saving $30,000 in retirement assets (that's 30 pairs of $1000 shoes). What I wonder is, when polling did they present it as: A) Here is $30k. Would you buy shoes or save the money in your 401K? (which is damn sad if they blew it ALL on shoes) or B) total up all the shoes you have bought recently – instead of purchasing those shoes (then decided you don't really like them and are now going to sell them off on ebay…oh…), would you have not bought them and saved the money in your 401K instead (to which the shoe fanatics say, oh, hell to the no, I love these shoes…and sadly, slightly more understandable).

Clarification later in the article: "Nearly half of women interviewed said they would rather buy 30 pairs of shoes than save $30,000 for retirement." Where did you find these women??? Really? Geez. But, it is a big surprise? This is the immediate gratification generation (though, I'd like to argue that that's just human nature not limited to one generation). I mean, look cute now compared to saving for a rainy day? Hmm.

[article: http://www.msnbc.msn.com/id/21083120/]