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OldSouth
LSU Fan
Folsom, LA
Member since Oct 2011
8368 posts

re: Will My Generation Be The First Unable To Retire?

quote:

financially, I could retire right now....If I died by Sunday.


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FootballNostradamus
Clemson Fan
Member since Nov 2009
15453 posts

re: Will My Generation Be The First Unable To Retire?
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.


El Josey Wales
LSU Fan
Greater Geismar
Member since Nov 2007
22710 posts

re: Will My Generation Be The First Unable To Retire?


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Walt OReilly
Virginia Tech Fan
Mi Patria
Member since Oct 2005
90316 posts
Online

re: Will My Generation Be The First Unable To Retire?
i need to find a woman over there and marry her


yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
78246 posts

re: Will My Generation Be The First Unable To Retire?
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


hardhead
LSU Fan
stinky bayou
Member since Jun 2009
5233 posts

re: Will My Generation Be The First Unable To Retire?
quote:

need to find a woman over there and marry her



get a "bush bitch"


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ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: Will My Generation Be The First Unable To Retire?
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
15453 posts

re: Will My Generation Be The First Unable To Retire?
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.


AbitaFan08
LSU Fan
Boston, MA
Member since Apr 2008
6067 posts

re: Will My Generation Be The First Unable To Retire?
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
New Orleans Pelicans Fan
University of LSU
Member since Mar 2012
16193 posts

re: Will My Generation Be The First Unable To Retire?
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?
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?


SuperD AP
LSU Fan
"on the banks of bayou des glaises"
Member since Feb 2008
981 posts

re: Will My Generation Be The First Unable To Retire?
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.


CptBengal
USA Fan
BR Baby
Member since Dec 2007
46353 posts
Online

re: Will My Generation Be The First Unable To Retire?
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
SMU Fan
Zone 6
Member since May 2012
19579 posts
Online

re: Will My Generation Be The First Unable To Retire?
I'm a hedge fund manager so i'm aight


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HeadyMurphey
LSU Fan
Los Santos
Member since Jan 2008
16043 posts
Online

re: Will My Generation Be The First Unable To Retire?
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
Los Santos
Member since Jan 2008
16043 posts
Online

re: Will My Generation Be The First Unable To Retire?
If Belize, better hope your business doesn't rely on imports or yo will be raped severely


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HeadyMurphey
LSU Fan
Los Santos
Member since Jan 2008
16043 posts
Online

re: Will My Generation Be The First Unable To Retire?
What type of work? I have a couple connections


hondurantiger
LSU Fan
Gilbert, AZ
Member since Feb 2007
1978 posts
Online

re: Will My Generation Be The First Unable To Retire?
I am retiring in Tela back home.
Tela



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tiger chaser
LSU Fan
B'ham, Al.
Member since Feb 2008
5098 posts

re: Will My Generation Be The First Unable To Retire?
Try starting a savings account! If you save for thirty years you will not have a problem. Quit pissing your money away.


TomTigerBTR
LSU Fan
Baton Rouge
Member since Jul 2012
479 posts

re: Will My Generation Be The First Unable To Retire?
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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