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Thread: Retirement

  1. #81
    Quote Originally Posted by Mack View Post
    I fucking HATE living within my means. seeing my mentor keel over at 55 only 36 months away from retiring changed my views. I took a lot of shit for selling my pick up and paying off revolving debt but its been a wise decision. I don't need a 55k pick up to drive 5 miles a day.
    Expensive vehicles are pretty much the worst investment one could make. If you ask any saavy investor what his bigges mistake was, or one of them, its usually buying new expensive cars.

    Better to learn late than never!

  2. #82
    Quote Originally Posted by Mack View Post
    I fucking HATE living within my means. seeing my mentor keel over at 55 only 36 months away from retiring changed my views. I took a lot of shit for selling my pick up and paying off revolving debt but its been a wise decision. I don't need a 55k pick up to drive 5 miles a day.
    If you have freedom, work is easy. Give me enough vacation time that I can go see the wonders of the world and I think I can tolerate most working conditions as I get older. I want to work just enough that a vacation, a day of golf during the week, a day of hookie, etc. still seems like a treat.

  3. #83
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    Her Lincoln will be paid off in months freeing up another $600 a month to really get after our mortgage with. Every time I get the urge to buy a chunk of land in the woods I stop and think just how short a period 2 years is and how good zero debt will feel. Shit, we'll have like 9k a month of discretionary income between the two of us. All I have to do is just be patient... Not easy for me.

  4. #84
    Quote Originally Posted by Swayze View Post
    Expensive vehicles are pretty much the worst investment one could make. If you ask any saavy investor what his bigges mistake was, or one of them, its usually buying new expensive cars.

    Better to learn late than never!
    This, they kill any kind of savings account.

    I got about 750K saved, hopefully that'll be enough.

  5. #85
    my grandparents did ok on a government salary and passed on a decent inheritance when they died. My parents do well on a professional salary and will probably pass on a nice inheritance. I figure at this pace in about 5 generations my great, great great grandchildren will be able to afford to be total fuck ups ruining all the hard work of their forefathers.

  6. #86
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    Quote Originally Posted by jokeland View Post
    my grandparents did ok on a government salary and passed on a decent inheritance when they died. My parents do well on a professional salary and will probably pass on a nice inheritance. I figure at this pace in about 5 generations my great, great great grandchildren will be able to afford to be total fuck ups ruining all the hard work of their forefathers.
    Sounds like what happened to Stoopy.

  7. #87
    does anyone have a good 401k calculator? I want to see if the paramedics will be digging government cheese out of my diapers when they take me to the funeral parlor

  8. #88
    Awaiting The Rapture MatthewT's Avatar
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    look, they took all the money out of the "social security lock box" and replaced it with treasury debt, essentially stealing everybody's public pension and replacing it with IOU's

    they will do the exact same thing to private pensions, replacing all that cash just sitting there, trillions of dollars, replaced by Uncle Sam's IOU's
    The day you give your heart to Jesus, He will set you free.

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