- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Man retires at age 37
Posted on 5/5/14 at 9:32 am to 82fumanchu
Posted on 5/5/14 at 9:32 am to 82fumanchu
quote:
But $1000 gal gas
Well, that is an arbitrary number I just pulled out of my arse.
The point is, I know someone who retired 4 years ago who just recently said to me, "I never thought it would cost $100 to fill up my tank."
Now think about the cost of a gallon of milk, a pound of beef, etc., etc., etc... The rapid inflation of the last decade has eaten a lot of the interest earned over the last 40 years.
This is basically the foundation of the conspiracy for Obama and the powers that be to makes us all equal by making us all poor.
Posted on 5/5/14 at 9:36 am to Clyde Tipton
Inflation is something you have to take into account when you retire. My dad figured on giving himself a 4% "raise" every year when calculating where he needed to be to retire.
Government employees with defined pension don't seem to understand that if you retire at 55 with 80% of your highest salary you are gonna be a broke fricker in 25 years
Government employees with defined pension don't seem to understand that if you retire at 55 with 80% of your highest salary you are gonna be a broke fricker in 25 years
Popular
Back to top
Follow TigerDroppings for LSU Football News