Retirment?

[dukebound85]

Originally Posted by Shrink

Take it from someone who didn't put enough away, and then lost whatever was stashed away in the crash of '08 - start putting money away NOW!!

So we too can lose whatever we stash away in the great depression of 2025?

[sk1wbw]

I retired at 38. Very nice. My monthly retirement check and disability payment come in handy.

[wordoflife]

Originally Posted by TSE

Does anyone here never want to retire like I?

I cannot see myself never just stopping my career. There would be nothing to do, and its seems people who work even after retirement age seem to live longer and be healthier because they have a reason to wake up in the morning. I'm not saying any of this is fact but speculation on my part.

I agree, this is very important (having something to do everyday). I'm sure you'll find something. For example, I know a 94 year old WW2 veteran who volunteers at the hospital. He's a trooper and it's very encouraging.

[wvuwhat]

All I know is that if/when I do retire I will be working as a golf course "starter" in a warmer climate until I die.

[Shrink]

Originally Posted by dukebound85

So we too can lose whatever we stash away in the great depression of 2025?

No problem if you stash it under your mattress.

[iJohnHenry]

Originally Posted by Shrink

No problem if you stash it under your mattress.

If you're talking paper currency, you might be better with toilet paper.

A little lumpy, but easier on your ass than all those dyes.

Krugerrands might be a better choice. You can lay them flat, and acquire a goodly sum.

[bizzle]

Originally Posted by Shrink

Always good to come to MR for thoughtful and well considered advice.

Just because my opinion is different than yours means its not thoughtful? I am sorry I didn't go on with a six paragraph tirade and got straight to the point.

[Shrink]

Originally Posted by bizzle

Just because my opinion is different than yours means its not thoughtful? I am sorry I didn't go on with a six paragraph tirade and got straight to the pint.

If suggesting that someone should kill them self if they run out of money was your pint (sic), then you did make it succinctly.

I was commenting on the quality of the advice.

[bizzle]

Originally Posted by Shrink

If suggesting that someone should kill them self if they run out of money was your pint (sic), then you did make it succinctly.

I was commenting on the quality of the advice.

Thanks for pointing out the typo, I fixed it.

What exactly is wrong with the advice?

[Shrink]

Originally Posted by bizzle

Thanks for pointing out the typo, I fixed it.

What exactly is wrong with the advice?

If that's a serious question, I couldn't possibly answer it. Not succinctly, not in five paragraphs. We just have completely different views of human life.

[bizzle]

Originally Posted by Shrink

If that's a serious question, I couldn't possibly answer it. Not succinctly, not in five paragraphs. We just have completely different views of human life.

It's completely serious question. If you are old as dirt, lived your life the best you could and you realize you are now a burden on the rest of your family and society there shouldn't be any problem. I am not saying if you run out of cash because you lost your job that you should off yourself.

[firestarter]

Originally Posted by bizzle

It's completely serious question. If you are old as dirt, lived your life the best you could and you realize you are now a burden on the rest of your family and society there shouldn't be any problem. I am not saying if you run out of cash because you lost your job that you should off yourself.

I think your proposition is pragmatic and realistic, bizzle. It's only been during the last couple of generations that we've been faced with such an ageing demographic, along with the weakening of old family ties which would have had children care for their old relatives.

That said - given that Shrink has presumably spent his entire professional career persuading people not to take that course of action, I can also understand his disquiet.

[Shrink]

Originally Posted by bizzle

It's completely serious question. If you are old as dirt, lived your life the best you could and you realize you are now a burden on the rest of your family and society there shouldn't be any problem. I am not saying if you run out of cash because you lost your job that you should off yourself.

As I said - different views of human life.

[bizzle]

Originally Posted by Shrink

As I said - different views of human life.

Thanks. Notice how I didn't criticize your point of view.

[iJohnHenry]

Originally Posted by bizzle

Thanks. Notice how I didn't criticize your point of view.

Somewhat of a segue, but you might find this interesting, concerning personal choice.

The last one in B.C. died before she could exercise what I choose to call her free right.

[Abstract]

I want to retire because I want to be able to pursue my hobbies, new hobbies, and learn new things.

I suppose I'd feel the same way about retirement if my life has been so bad that I had no hobbies and nothing to really do, except more work. Even if you have an interesting job that you see as bring similar to a hobby, you can still do that sort of thing without the job pressure, and also have more time to try new hobbies and interests.

If you're young and don't see the point of retiring, you probably live a very boring life.

[maflynn]

Originally Posted by Abstract

I want to retire because I want to be able to pursue my hobbies, new hobbies, and learn new things.

Same here but I have two reasons why retirement won't come soon or at all. My two daughters. The financial responsibilities for providing for them strips any hope of retirement from my plans.

I don't post this as a bitter person, because they've added more joy in my life then I though possible, I'm just stating a fact

[Iscariot]

If things go according to plan I'll be able to semi-retire by 50 while enjoying a very nice quality of life. I don't think I'd ever want to retire fully, and the people in my industry who are over 50 are in amazing health.

[ender land]

Originally Posted by marcusj0015

I didn't say people immediately died after retiring... to the contrary, i don't want to put money in a retirement fund, and run out of money, but still have living to do and not be able to afford it, AND be too damn old to do anything about it.

I want to be able to comfortably retire so I can do things like donate my money/time, potentially contribute significantly to any grandkids' college educations, etc.

I'm also not expecting to have to work too much past 59 (if I live that long! who knows right?).

[senseless]

Originally Posted by Abstract

I want to retire because I want to be able to pursue my hobbies, new hobbies, and learn new things.

I suppose I'd feel the same way about retirement if my life has been so bad that I had no hobbies and nothing to really do, except more work. Even if you have an interesting job that you see as bring similar to a hobby, you can still do that sort of thing without the job pressure, and also have more time to try new hobbies and interests.

If you're young and don't see the point of retiring, you probably live a very boring life.

Not entirely true. Some people see value and stimulation from their work. It defines their usefulness and purpose. (Steve Jobs among them). For some, retirement is something to look forward to, but to others it can be a death sentence. Everyone is different.

[ender land]

Originally Posted by senseless

Not entirely true. Some people see value and stimulation from their work. It defines their usefulness and purpose. (Steve Jobs among them). For some, retirement is something to look forward to, but to others it can be a death sentence. Everyone is different.

And for some it's a career change