- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- 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: Choose 1: Retire 15 years earlier or wait till retirement for 2x nest egg
Posted on 5/19/15 at 3:15 pm to Cold Cous Cous
Posted on 5/19/15 at 3:15 pm to Cold Cous Cous
quote:
So I would get paid the same as if I'm working, but I wouldn't have to go to work? Is there supposed to be a catch?
let's say you need 1 mil to retire at 45. You can choose this and live out the rest of your life as you would now, i.e, same standard of living.
or
you wait till 60 and have 2 mil. You can improve you standard of living i.e, travel a bit more, nicer home. But you would have to wait till 60.
1
Posted on 5/19/15 at 3:32 pm to PeteRose
quote:
let's say you need 1 mil to retire at 45. You can choose this and live out the rest of your life as you would now, i.e, same standard of living.
or
you wait till 60 and have 2 mil. You can improve you standard of living i.e, travel a bit more, nicer home. But you would have to wait till 60.
Have lost two coworkers in the past year who were very close to retirement. HELLS TO THE NO, I wouldn't wait 15 extra years to improve my standard of living. The present one isn't exactly shabby--having less time to spend more money is a DUMB trade.
Posted on 5/19/15 at 3:57 pm to PeteRose
If my standard of living can start in 2 years when my wife gets out of school, I'll take option A, all day.
I'm not really sure how this is a choice, unless you don't make much currently.
I'm not really sure how this is a choice, unless you don't make much currently.
Posted on 5/19/15 at 3:58 pm to PeteRose
I pseudo-retired or semi-retired for a bit, but it was full time responsible with part time pay.
I'm going back to a real job for awhile and then retire from work forever at 62.
I would take option A i think.
I'm going back to a real job for awhile and then retire from work forever at 62.
I would take option A i think.
Posted on 5/19/15 at 4:15 pm to PeteRose
Option 1!
Posted on 5/19/15 at 4:25 pm to PeteRose
You're not guaranteed to be alive tomorrow, let alone 15 years from now.
Posted on 5/19/15 at 5:11 pm to PeteRose
Age is a big part of this decision. If the ages mean is 65 or 80, then the obvious choice is 1. If the options are 35 or 50, then option 2 is probably better. Since you are probably referring to a typical retirement age, then option 1 seems way better.
Posted on 5/19/15 at 5:15 pm to PeteRose
B easily. I enjoy my job and the people I work with, and still have lots of flexibility with family time / vacation and a short commute. Plus it would be hard for me to just hang out not accomplishing something.
This post was edited on 5/19/15 at 5:17 pm
Posted on 5/19/15 at 5:27 pm to PeteRose
If your nest egg only doubles in 15 years you are doing something wrong?
Posted on 5/19/15 at 6:08 pm to PeteRose
Well, hells... sign me up for Option A yesterday. What more would I be going for, if I can maintain my present lifestyle until the day I take the great dirt nap?!
If I want something to keep me busy, I can always get a part-time job. In fact, I just saw an ad for a bouncer at a bikini bar down in Waco, TX. How hard could that be?
If I want something to keep me busy, I can always get a part-time job. In fact, I just saw an ad for a bouncer at a bikini bar down in Waco, TX. How hard could that be?
Posted on 5/19/15 at 8:07 pm to PeteRose
Option A
We are 100% pursuing this option right now.
We are 100% pursuing this option right now.
Posted on 5/20/15 at 5:39 am to Feed Me Popeyes
I feel sorry for yall so interested in retiring so early.
A man has to work. Quit being lazy
I like my job even though I was in office from 8 to 8 yesterday.
A man has to work. Quit being lazy
I like my job even though I was in office from 8 to 8 yesterday.
Posted on 5/20/15 at 7:29 am to cjared036
quote:
A man has to work. Quit being lazy
I work harder on my days off than I do at work...
option A, without a doubt
Posted on 5/20/15 at 8:44 am to Salmon
Given that the men in my family haven't made it out of their sixties in three generations i think i will retire early regardless 
Posted on 5/20/15 at 9:07 am to bayoudude
Drive myself crazy if I wasn't doing something. May open up a hobby business but otherwise I don't plan on retiring till I'm 70.
If I could pull out my 401k, I would be at a great place to retire at 55 at the rate I'm at
If I could pull out my 401k, I would be at a great place to retire at 55 at the rate I'm at
Posted on 5/20/15 at 9:11 am to GenesChin
Retire at 70?
No one says you won't be doing anything. Hell, if you're bored, enroll at your local university and get another degree. It would be cheaper than most other hobbies and you would get to creep on hot college chicks.
No one says you won't be doing anything. Hell, if you're bored, enroll at your local university and get another degree. It would be cheaper than most other hobbies and you would get to creep on hot college chicks.
Posted on 5/20/15 at 9:12 am to GenesChin
quote:
I feel sorry for yall so interested in retiring so early.
A man has to work. Quit being lazy
I like my job even though I was in office from 8 to 8 yesterday.
I feel sorry for a guy whose life is so empty he can only conceive of work as a means of happiness. It's a big world out there: some folks paint, sculpt, play guitar, build wooden boats, tutor needy kids, volunteer at the local food bank, serve on local government boards & committees, assist their elderly friends and neighbors with chores & transportation, travel, read extensively, garden, clean their church/synagogue.....
So many worthy, fulfilling activities are not remunerative. If you can only find satisfaction in paid work, you might look around and see what else is out there.
Posted on 5/20/15 at 9:16 am to PeteRose
quote:
1. Your standard of living would be the same till you die
If I had my current standard of living, I'd think long and hard about retiring right now at 29
. Sure I look forward to making more money and everything. But, I'm doing well enough that I could live the rest of my life at this level and the free time would be totally worth it. Posted on 5/20/15 at 10:05 am to PeteRose
Option C. Retire 30 years earlier on 1/2 of 15 year nest egg. 
Posted on 5/20/15 at 10:13 am to PeteRose
I'd keep working knowing that if the company pissed me off I could be out of there whenever I wanted to.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News