Retirement

[GrnBay007]

For any of you have that retired, what was the priority when you decided to do so? And how has it gone?

For those of you close to retirement, what's your goal before you retire? Career status VS financial?

I'm nowhere near ready to retire but I'm curious about this topic. I've worked at the same job a long time and I've seen people able to retire and not do so and die at age 59. The best supervisor I ever had retired at age 60 (7 years ago) and just passed away this week. I don't know....7 years retirement just doesn't seem right. My Dad was retired 30 years when he passed away. They were not super wealthy but I guess just made good financial decisions because they were able to vacation every year during their retirement....until health problems got in the way.

I just can't see sticking around if you don't need to.....life's too short!
Unless things change, the only reason I will work past age 58 will be for insurance.

[red]

i'm with you 00. retirement seems like a joke to me. you work your whole life away, trying to save up for retirement. by the time you get to retire, your bodies already breaking down, your health might be failing, and like you said, you could kick the bucket at any time. just doesn't seem right to me

whats the point of life? to work? fuck that

doesn't seem right to me

work 5 days so you can enjoy 2 every week? screw that. i'm even too tired and exhausted to enjoy those two days after a week of work

somewhere a long the lines people really got their priorities screwed up. instead of just living and enjoying life, we decided to work most of our life, and enjoy any free time our jobs might let us have

[GrnBay007]

somewhere a long the lines people really got their priorities screwed up. instead of just living and enjoying life, we decided to work most of our life, and enjoy any free time our jobs might let us have

The scary thing is...and I'm included in this group....you may get an ample amount of vacation time a year but the reality of it is that it is more stressful to take time off then it is to just stay at work. The OT (which is not OT pay for me) you have to put in to prepare to be gone and then the catching up when you get back is ridiculous.

[Iron Mike]

Unless things change, the only reason I will work past age 58 will be for insurance.

Well, how about we hook up now, then I can retire and live off of your income? :P

I promise to go back to work if things get tight.

[GrnBay007]

Unless things change, the only reason I will work past age 58 will be for insurance.

Well, how about we hook up now, then I can retire and live off of your income? :P

I promise to go back to work if things get tight.

Do you dust? I hate dusting. :P :wink:

[PaCkFan_n_MD]

i'm with you 00. retirement seems like a joke to me. you work your whole life away, trying to save up for retirement. by the time you get to retire, your bodies already breaking down, your health might be failing, and like you said, you could kick the bucket at any time. just doesn't seem right to me

whats the point of life? to work? fuck that

doesn't seem right to me

work 5 days so you can enjoy 2 every week? screw that. i'm even too tired and exhausted to enjoy those two days after a week of work

somewhere a long the lines people really got their priorities screwed up. instead of just living and enjoying life, we decided to work most of our life, and enjoy any free time our jobs might let us have

Best post this year! :)

[Partial]

You work so you have money so you can afford to do fun things with your family.

I'll hopefully work until I am very old. It's good for the health. My Grandma is in incredible shape for an 80+ and I attribute it to her working 40 hours a week.

What are you going to do all day if you retire at 58? That'd be very boring imo. I just don't know what I'd do with myself. Hell, in the 9 days of not working while in Florida I was bored as hell during the day.

[the_idle_threat]

^^^

We know what you were doing with yourself ... :lol:

[Scott Campbell]

What are you going to do all day if you retire at 58?



Golf
Ski
Travel
Volunteer
Tinker
Hike
Visit
Read
Etc....

[3irty1]

If I'm lucky enough to retire at 58 then I definitely won't be bored. I can move wherever I want and shoot sporting clays. Plus I can build all the shit that I draw up circuits and models for but never have time to make.

[Iron Mike]

Unless things change, the only reason I will work past age 58 will be for insurance.

Well, how about we hook up now, then I can retire and live off of your income? :P

I promise to go back to work if things get tight.

Do you dust? I hate dusting. :P :wink:

Anything for you, babe. 8-)

[SkinBasket]

Only boring people get bored.

[Partial]

What are you going to do all day if you retire at 58?



Golf
Ski
Travel
Volunteer
Tinker
Hike
Visit
Read
Etc....

And you can't do that stuff already?? I don't know, I think dedicating my life to doing those things would take a lot of the enjoyment out. By the time you're 58, your kids will gone off on their own, etc. Do you really want to spend day after day with your wife? I would venture a guess most of your close friends and family members would not be fortunate enough to retire by 58.

I don't know, I don't think its for me. I enjoy going to work. I can see when I am 58 wanting to take a month off straight (get out of the cold), but I cannot see retiring.

[Harlan Huckleby]

I think retirement communities are pretty great. They have jillions of clubs on everything from stamp collecting to lesbian porn. My parents are in one of those resevervations for retirees down in florida: tennis courts, gated community, pools, little golf courses, Mexicans everywhere making themselves useful.

Only problem is you got to be kinda rich to afford to live there. Damn.

[Harlan Huckleby]

What are you going to do all day if you retire at 58?



Golf
Ski
Travel
Volunteer
Tinker
Hike
Visit
Read
Etc....

No posting on PackerRats!!!!???? Damn, gonna miss you. How long before you're gone?

[BallHawk]

Florida is no longer for the rich. There are many pricey areas, but you don't need to a have a huge wad of cash in the bank to live in Florida.

[Partial]

Florida is no longer for the rich. There are many pricey areas, but you don't need to a have a huge wad of cash in the bank to live in Florida.

Agreed. My dad was looking at a gorgeous condo evidently when he was down there in Naples. He was gonna offer 180k. Gorgeous is relative, though, and I did not see it, so it might be a pos.

[BallHawk]

Florida is no longer for the rich. There are many pricey areas, but you don't need to a have a huge wad of cash in the bank to live in Florida.

Agreed. My dad was looking at a gorgeous condo evidently when he was down there in Naples. He was gonna offer 180k. Gorgeous is relative, though, and I did not see it, so it might be a pos.

Just out of curiosity, what area of Naples was it?

[Harlan Huckleby]

my parents are in Naples.

That's where midwesterners go, don't have to deal with the inland negros or the troublesome jews on the other side of state.

[BallHawk]

Whereabouts in Naples are your parents, Harlan?

[Scott Campbell]

Whereabouts in Naples are your parents, Harlan?


My guess - hiding from Harlan.

[Harlan Huckleby]

Scott is more or less correct. They've changed addresses four times, or is it five.

My dad loves buying and selling real estate, he has terrorized my mom in what should have been their golden years. he gets restless and they move to a new place that is indistinguishable from the last. I forget where they live now, but they have been all over Naples, probably your next door neighbor at some point, Ballhawk.

[MJZiggy]

Florida is no longer for the rich. There are many pricey areas, but you don't need to a have a huge wad of cash in the bank to live in Florida.

You haven't for some time. That's part of why it's so attractive to seniors, if you've already made your money, you can live there dirt cheap. The problem is that the wages there are relative to the cost of living.

[Partial]

Florida is no longer for the rich. There are many pricey areas, but you don't need to a have a huge wad of cash in the bank to live in Florida.

Agreed. My dad was looking at a gorgeous condo evidently when he was down there in Naples. He was gonna offer 180k. Gorgeous is relative, though, and I did not see it, so it might be a pos.

Just out of curiosity, what area of Naples was it?

Don't know, I can ask.

[Deputy Nutz]

What are you going to do all day if you retire at 58?



Golf
Ski
Travel
Volunteer
Tinker
Hike
Visit
Read
Etc....

And you can't do that stuff already?? I don't know, I think dedicating my life to doing those things would take a lot of the enjoyment out. By the time you're 58, your kids will gone off on their own, etc. Do you really want to spend day after day with your wife? I would venture a guess most of your close friends and family members would not be fortunate enough to retire by 58.

I don't know, I don't think its for me. I enjoy going to work. I can see when I am 58 wanting to take a month off straight (get out of the cold), but I cannot see retiring.

Gee, maybe when you actually get a career and work your ass off for 4 or 5 years you will rethink your philosophies a bit.

I know I gotta go back to work in a few years, hell probably this summer I have to get a job tending a bar at night so I can move out of this house into a bigger house.

After I retire here is what my average day will look like

9:30am Wake up
10:00am Drink Diet Rockstar
10:45am make tee time
2:45pm finish golf, go back to estate, target shoot. tinker with guns
4:45pm play racket ball
5:45pm take a steam, shower,
6:45pm drink heavily
7:45pm eat dinner
8:45 to 11:45 watch shitty tv.
12:00pm go to bed

[Zool]

And you can't do that stuff already?? I don't know, I think dedicating my life to doing those things would take a lot of the enjoyment out. By the time you're 58, your kids will gone off on their own, etc. Do you really want to spend day after day with your wife? I would venture a guess most of your close friends and family members would not be fortunate enough to retire by 58.

I don't know, I don't think its for me. I enjoy going to work. I can see when I am 58 wanting to take a month off straight (get out of the cold), but I cannot see retiring.

And the hits just keep on coming. You show your age more and more with every post P.

Why dont you try it for more than 5 years before commenting on it?

[MadtownPacker]

Scott is more or less correct. They've changed addresses four times, or is it five.

My dad loves buying and selling real estate, he has terrorized my mom in what should have been their golden years. he gets restless and they move to a new place that is indistinguishable from the last. I forget where they live now, but they have been all over Naples, probably your next door neighbor at some point, Ballhawk.I knew it all along. How else can he hide the trust fund from their embarrassment of a son.

[Partial]

And you can't do that stuff already?? I don't know, I think dedicating my life to doing those things would take a lot of the enjoyment out. By the time you're 58, your kids will gone off on their own, etc. Do you really want to spend day after day with your wife? I would venture a guess most of your close friends and family members would not be fortunate enough to retire by 58.

I don't know, I don't think its for me. I enjoy going to work. I can see when I am 58 wanting to take a month off straight (get out of the cold), but I cannot see retiring.

And the hits just keep on coming. You show your age more and more with every post P.

Why dont you try it for more than 5 years before commenting on it?

I've had jobs for 8 years now. Full time during the summer, part time during school. I like working because I like money and I like having people to socialize with outside of the family, friends, etc. Maybe you don't like working or like your job, but I do.

[Zool]

WEEEE

I've been working fill time for 19 years now. I do like my job, but its naive as hell IMO to say that you wont retire early if you have the chance.

[HarveyWallbangers]

There's a Catch-22 here. Yeah, it would suck to save up for retirement and then die two years into it, but most people that reach the age of 30 live well into their 80s. That gives them a good 20-30 years of retirement. If they haven't prepared financially for it, it can be rough.

Might as well live a little while you are younger, but also have the nest-egg for your retirement. It isn't that difficult to accomplish. Don't bet on social security being there for you.

[Partial]

WEEEE

I've been working fill time for 19 years now. I do like my job, but its naive as hell IMO to say that you wont retire early if you have the chance.

I think its naive as hell to say that anyone will. Anyone, and I mean anyone can retire by 50 with some very basic financial planning and saving. I would say most could do it by 45 if they were thrifty.

I guess its different strokes for different folks, but I like to be the best and I'll work until my future wife and I decide its time to move to a condo on the beach.

[The Leaper]

I've had jobs for 8 years now. Full time during the summer, part time during school. I like working because I like money and I like having people to socialize with outside of the family, friends, etc. Maybe you don't like working or like your job, but I do.

Things change a ton when you get into the real world, and your job finally has some serious responsibility to it...rather than being some kind of fun social networking tool.

[MadtownPacker]

I wonder how long this thread will go on until everyone gives up on trying to straighten Partial out. :lol:

[The Leaper]

I think its naive as hell to say that anyone will. Anyone, and I mean anyone can retire by 50 with some very basic financial planning and saving. I would say most could do it by 45 if they were thrifty.

Sure...if a college graduate decides to live a shoestring budget for 20 years and declines on the opportunity to have children. Sounds like a miserable existance IMO...live like a pauper for 20 years, then retire to be without friends or family for the next 30+.

[twoseven]

Anyone, and I mean anyone can retire by 50 with some very basic financial planning and saving. I would say most could do it by 45 if they were thrifty.
Have you actually started doing any of this yet to make these claims? Are you talking about just enough money for yourself? Do you plan on putting any kids through college? Are you talking about just living or living well? I have two financial planners (a dumb one and a smart one), and both might like to talk to you about how simple it all is if you haven't been putting it away since you turned 22.

At 36 I have finally been able to start aggresively putting away for all of these things. But I'll tell you right now, if you are just assuming or guessing at how much you need to put away to be set in another 20-30 years you had better take another look. One of the first things I realized when I started this stuff was just how much I would NOT have in 20-30 years considering how much costs will go up, how much ANY colleges will charge, how much SS I will not be getting, what I will have to pay towards meds and healthcare down the road (and I'm planning on being healthy). Sorry man, it's not so cut and dry like you seem to be making it out to be.

Not just anyone on any income can go at it half-assed and walk away with a bunch of bread in 20-30 years. Especially not if you actually plan on having a family, buying a home, giving them a good life, and hopefully sending them to a good school, amongst many other things 30-60 year olds spend their money on (cars, furniture, food, entertainment, and maintenance of property and self) BEFORE retiring.

[the_idle_threat]

I think its naive as hell to say that anyone will. Anyone, and I mean anyone can retire by 50 with some very basic financial planning and saving. I would say most could do it by 45 if they were thrifty.

Sure...if a college graduate decides to live a shoestring budget for 20 years and declines on the opportunity to have children. Sounds like a miserable existance IMO...live like a pauper for 20 years, then retire to be without friends or family for the next 30+.

It's the Partial way.

[Zool]

I wonder how long this thread will go on until everyone gives up on trying to straighten Partial out. :lol:

Im done.

[BallHawk]

I wonder how long this thread will go on until everyone gives up on trying to straighten Partial out. :lol:

Judging by the recession thread, we can go 20+ pages.

[SkinBasket]

I wonder how long this thread will go on until everyone gives up on trying to straighten Partial out. :lol:


Anyone, and I mean anyone can retire by 50 with some very basic financial planning and saving. I would say most could do it by 45 if they were thrifty.

Well, you see Madtown, it's not Partial that needs straightening out, it's all those people in poverty. If they would simply apply some very basic financial planning and thrift to their lives, they could be as rich as Partial. Our nation's beaches would be filled with retired 50 year olds of all colors and backgrounds, money falling out of their speedos. There would be no poverty, no disease, no pain. Only sunshine, rainbows, and unicorns born of candy corn and kisses.

[Zool]

Well, you see Madtown, it's not Partial that needs straightening out, it's all those people in poverty. If they would simply apply some very basic financial planning and thrift to their lives, they could be as rich as Partial. Our nation's beaches would be filled with retired 50 year olds of all colors and backgrounds, money falling out of their speedos. There would be no poverty, no disease, no pain. Only sunshine, rainbows, and unicorns born of candy corn and kisses.

Where did you find a speedo with pockets? Or do you use your ass like a change dispenser?

[Patler]

I've had jobs for 8 years now. Full time during the summer, part time during school. I like working because I like money and I like having people to socialize with outside of the family, friends, etc. Maybe you don't like working or like your job, but I do.

Ah...I remember those days, taking jobs because you wanted to, with little responsibility and knowing that it was likely to be a short-term job anyway. What's not to like? Each one is new and different, a learning experience, chance to meet new people, make a little money, etc. etc.

That's a far cry from what you will be faced with later in life when you devote yourself to a family, a profession and if you are lucky, to an employer.

[SkinBasket]

Where did you find a speedo with pockets? Or do you use your ass like a change dispenser?

Not pockets. You just stuff it full of cash. Nothing like the feeling of a couple dozen benjamins tightly cupping your balls.

[Zool]

How about the Washington twins? Thats usually about what I have available.

[SkinBasket]

How about the Washington twins? Thats usually about what I have available.

You need very basic financial planning and thrift in your life.

[Zool]

Perhaps I need a comp sci degree like the 3 guys I work with who are absolute know-nothings?

[SkinBasket]

Perhaps I need a comp sci degree like the 3 guys I work with who are absolute know-nothings?

You cloned Partial? Why on earth would you do that?

[Patler]

Anyone, and I mean anyone can retire by 50 with some very basic financial planning and saving. I would say most could do it by 45 if they were thrifty.

Sure, if you are one of the lucky ones it can happen. But for many, things get in the way, like:

- a choice between a lower paying career/location that is better for your family than a higher paying one from which you could save more.

- a job that evaporates as your employer moves over seas or just fades away, and you are faced with periods of unemployment or starting over in a new profession midway through those years in which you planned to build your retirement. Not only might you fail to save during those years, you might even be forced to use some of your retirement nestegg.

- having children and making the decision to rely on a single income so one spouse can stay at home with a large family that you wouldn't trade for a lifetime of retirement, because you know in your heart it is better for your kids with a parent at home.

- a chance to give your kids better opportunities than you had, because you can afford things your parents could not, like help with college expenses and beginning a career.

- unexpected expenses for the health of your parents, yourselves or your children.

Some of these are conscious decisions about which you can argue a person consciously decides to forgo early retirement. But, some are situations beyond a person's control. To suggest that "anyone" can retire by 50 suggests a lack of basic understandings of what happens in life to many people.

[the_idle_threat]

Nothing like short-n-curlies falling off that wad of singles as they're being handed through the drive-thru window later.

Not that this is an unusual occurance, by the way, given the places dollar bills often go.