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OldSouth 
LSU Fan
Folsom, LA
Member since Oct 2011
4275 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 10:55 am to LCA131)
quote:
financially, I could retire right now....If I died by Sunday.
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FootballNostradamus 
Clemson Fan
Member since Nov 2009
9151 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 10:55 am to redstick13)
quote:
You can forget getting an Australian visa
My company is working on mine. I'm hoping to be out of here in 6 months. If you are an engineer Australia literally will blow you to get you over there, it's awesome. I'm using my company to expedite it and then I don't know if I'm ever coming back hahaha.
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El Josey Wales
LSU Fan
Greater Geismar
Member since Nov 2007
18466 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 10:56 am to LCA131)
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Walt OReilly
Cubs Fan
Member since Oct 2005
65036 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:00 am to FootballNostradamus)
i need to find a woman over there and marry her
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yellowfin 
Illinois Fan
Paige is Pretty
Member since May 2006
51865 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:00 am to LCA131)
quote:
financially, I could retire right now....If I died by Sunday.
i'd have to die by 8 am tomorrow cause i wouldn't be able to buy breakfast
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hardhead
LSU Fan
stinky bayou
Member since Jun 2009
1770 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:07 am to Walt OReilly)
quote:
need to find a woman over there and marry her
get a "bush bitch"
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ZereauxSum
LSU Fan
Atlanta, GA
Member since Nov 2008
5758 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:13 am to CptBengal)
quote:
it wont collapase, but the slow slog towrds a diminishing way of life has begun.
This might be true, I just don't know though.
I know unemployment is high and inflation I looming, but we're not currently much worse off than we were in the early 70s.
I think that odds are, we will slog along in this manner, make very slow and hard-fought gains in GDP and employment for the next 5-10 years. Then things will be "OK" again. Not "1998 great" but maybe "2005 OK".
Just my $0.02.
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FootballNostradamus
Clemson Fan
Member since Nov 2009
9151 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:15 am to Walt OReilly)
quote:
I need to find a woman over there and marry her
That's my plan if my visa runs up. I also got a buddy up there who says the southern accent for the girls down there is like the Australian accent for girls down here so I been practicing my twang hahaha.
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AbitaFan08
LSU Fan
Baton Rouge
Member since Apr 2008
2544 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:17 am to elprez00)
Personally, I don't ever want to retire. I really think I would get bored after a few months. But I want to have a job where at a certain age I can just be the name of the company and come and go as I please for the most part, leaving the managing and all that to others.
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RonFNSwanson
LSU Fan
Browtown
Member since Mar 2012
11889 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:20 am to yellowfin)
quote:
i'd have to die by 8 am tomorrow cause i wouldn't be able to buy breakfast
Credit cards, playa. Then you don't have to worry about paying it off 
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Cold Pizza 
Ohio State Fan
Member since Sep 2011
7639 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:20 am to CptBengal)
quote:
The best way is to hedge EVERYTHING. Diversify to the max. Assets, currencies, equities, etc. Do it in multiple countries, and dont put more than couple eggs in any 1 basket.
Yup. Serious question: How would one go about opening a bank savings account in Canada? How about buying stocks and mutual funds in Canada?
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SuperD AP
LSU Fan
"on the banks of bayou des glaises"
Member since Feb 2008
932 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:45 am to Walt OReilly)
quote:
Walt OReilly
Costa or Belize would be at the top of my list if I were to go that route. Went to Belize a couple years ago. Lots of Americans there, most started little buisnesses and are making bank.
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CptBengal 
USA Fan
BR Baby
Member since Dec 2007
30597 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:50 am to Cold Pizza)
quote:
How would one go about opening a bank savings account in Canada?
Go to canada and open an account, and then transfer your money electronically, or write a check.
quote:
How about buying stocks and mutual funds in Canada?
Most of the major trading platforms and some brokerage houses will allow you to trade on foreign exchanges.
I also mean real estate in foreign countries, safety deposit boxes with multiple currencies, gold, silver, etc.
If you can think of a way to further diversify your base, you will be better able to weather whatever storm hits.
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GreatLakesTiger24
LSU Fan
ignore username, i hate the north
Member since May 2012
6856 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:51 am to elprez00)
I'm a hedge fund manager so i'm aight
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HeadyMurphey
LSU Fan
LP
Member since Jan 2008
14342 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:52 am to jclem11)
Getting a sponsor company makes it easier. I have 3 companies that have offered to do so. Just Can't pull the trigger and leave family behind. It is a great country
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HeadyMurphey
LSU Fan
LP
Member since Jan 2008
14342 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:53 am to SuperD AP)
If Belize, better hope your business doesn't rely on imports or yo will be raped severely
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HeadyMurphey
LSU Fan
LP
Member since Jan 2008
14342 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 11:54 am to Walt OReilly)
What type of work? I have a couple connections
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hondurantiger
LSU Fan
Gilbert, AZ
Member since Feb 2007
908 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 12:00 pm to HeadyMurphey)
I am retiring in Tela back home.
Tela
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tiger chaser
LSU Fan
B'ham, Al.
Member since Feb 2008
4359 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 12:11 pm to elprez00)
Try starting a savings account! If you save for thirty years you will not have a problem. Quit pissing your money away.
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TomTigerBTR
LSU Fan
Baton Rouge
Member since Jul 2012
479 posts
| re: Will My Generation Be The First Unable To Retire? (Posted on 10/4/12 at 12:16 pm to elprez00)
quote:
I know this wont apply to all you OT Ballers, but anyone else my age have this concern?
Just a few years older than you and these thoughts run through my head at least a couple times a week. I don't let it get me too down but I'm with ya.
 
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