I hope to retire around 90. If I'm lucky.

victor809 wrote:

Save, save, save.
Yeah. I fouled that up until I was 35. Playing catch up and fighting the temptation to get too aggressive while looking down the triple barrel of a inverted yield curve, the worst months for investing historically, and a probable upcoming recession is a nasty proposition.


Also, if you have not already done so, try to marry someone amazing to be there to catch you when you fall. At least I got one of those two things right.

My wife is cool and helpful. Unless I become too much trouble.

pacman357 wrote:

I retired and immediately realized that i enjoyed working, I spent several years driving for Retirement communities(loved it) figure i will work till i'm 75(73 now)

Was the job you realized you loved the one driving retired people around, or what you ended up doing?

What did you miss about your job?

Panama Red1 wrote:

I was FORCED into ..."a sort of retirement"....
By: several things ...some normal, some totally abnormal...

i.e. my separation 2011 & divorce 2012....

Plus my mother was in failing health and needed a live in caretaker...

Then the entire FBI-SSG GANGSTALKING ONSLAUGHT
FROM WAY early 2013 till 2016 solid..off and on 2017 &2018.. now just some occasional H.U.T. INtrusions
By pissed off vindictive ROGUE FBI AGENTS or their
Hired early released felon scumbags forced into doing their bidding and dirty work... Inevitable workplace mobbing at any new normal job was totally unacceptable to me so it forced me into retirement and the grub existence I am in..

I got SS AT 62 because I absolutely had to...if I had a good job with decent pay??? I would've worked till I was 65 1/2..
For sure..

Staying at home is not for everybody and your spouse or girlfriend is not used to you home all the time...it can get stressful...

I recommend having a cabin to get away from the above mentioned personna's...it helps tremendously!!!

I recommend to start selling off crap you don't need...
Have yard/ garage sales 3? A year...
You make $$$ and get rid of clutter...

You rich guys may get a thrill trash picking , thrift store picking or flea mkt( picking and selling) a few times a year..

People throw away great stuff...and around my area it is always 80%++ in working condition !!! Or easily rehabbed and fixed ( and you have time to do it)
For you to use , sell or fix it and sell...

Baby your cars!! Nobody needs a car payment/ loan in retirement...always be on the look out for a cream puff used car that is super cheap...buy and use it..then sell your old car and make money on it.

Recycle and reuse....just remember...
METAL = $$$MONEY$$$
IF YOU HAVE ANYTHING METALLIC TO BE TRASHED
Make a pile and separate ferous and nonferous then go to the metal recycling yard twice a year and make money off your trash...SCREW THE TRASH MAN...SAVE YOUR OWN CANS FOR 6 months ...then get 3-4 cases of free beer from the metal money...

You've never made more sense than this post. Thank you, Mr.Jones.

Mr. Jones wrote:

You've never made more sense than this post. Thank you, Mr.Jones.

8trackdisco wrote:

Watch your finances particularly in the first few years. There will be some bad years.

What makes those initial years bad?

tonygraz wrote:

hah...the follow-up to the story is that the American started up a commercial fishing business in the area where the Mexican lived, and caught so many fish the Mexican had to leave or starve...

delta1 wrote:

Maybe the Mexican didn't fish more because the corrupt local officials would take notice and extort him out of his extra profit. We have "too big to fail".......they have "too small to regulate and tax".

tamapatom wrote:

I heard the Mexican gave up fishing and crossed the border into 'Merica, and signed up for all the freebies being offered by AOC, Lizzie Warren, Bernie Sanders, et al, and never had to fish for food again.....8-[

RMAN4443 wrote:

Years ago I listened to Dave Ramsey, He had a cd series, something like Steps to Financial Freedom. Listened all the way through, applied all the rules- admittedly swapped a couple rules into a different order due to my abhorrence to debt.

I'd have to really find something I would love to want to go back to work after retiring. I don't get bored easy. There are more books, movies and documentaries than I could ever digest.

Have seen many more people outlive their their money, which is sad. Seems like the 1 in 5 people that die before they retire cause a bigger panic. Worked all those years and for what? Nuthin'.

Think that is part of why people retire earlier than they really should.

8trackdisco wrote:

Related.....

Any one have long term care insurance? Many years ago when I studied this, I concluded that the sweet spot to begin was around 54-57. Now, that am in that window, everything I read says the racket has sort of imploded....that may not be any more value to LTC insurance than putting the equivalent of the premiums under your mattress.

dstieger wrote:

Related.....

Any one have long term care insurance? Many years ago when I studied this, I concluded that the sweet spot to begin was around 54-57. Now, that am in that window, everything I read says the racket has sort of imploded....that may not be any more value to LTC insurance than putting the equivalent of the premiums under your mattress.

dstieger wrote:

Starting this thread based on a few things.
-Macs having the conversation with the bosses about handing up his star @ 50.
-Tonygraz's caveat of don't retire too early, and how things get more expensive than you think.
-Ram's work ethic and seeing him finally retire and his comment that each day is just another day.

There is a lot of retirement experience here. We working hacks could learn a lot from good decisions and mistakes if you are willing to share them.

As Frasier Crane would say- I'm listening.

8trackdisco wrote:

I retired at 50. Was peddling pickles within six months to cure boredom. At 54 I remodel homes. Don't retire until you have some activity to fill the void. Otherwise, you will be miserable.

Abrignac wrote:

oh, are you gonna take a beatin' for this

frankj1 wrote:

oh, are you gonna take a beatin' for this

frankj1 wrote:

Probably will. I’ve got thick skin so I’ll be fine.

Abrignac wrote: