re: How to convince someone to enjoy more of their retirement money?

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Why do yall value Chinese TVs and a tracking device in your pocket over a cohesive polite functioning society? Old people had it way better than we do

ETA: most of the materialist argument boils down to air conditioning and iphones. People didn’t need air conditioning because they weren’t fat and weak

If you went back in time and showed a boomer in the 70s your iPhone and told him you have an app that would call a stranger to come pick you up when you were drunk the boomer would laugh at you and say that drunk driving is legal why would you need that

Life was better then it’s stupid to argue about it

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Yeah, it’s too bad there’s a gun to everyone’s head today forcing us to have iPhones, central air, cars that routinely last 200,000 miles, and medical care that would look like science fiction to someone 50 years ago.

We’d obviously be much better off back in the days of the “polite, functioning society,” when violent crime was about twice what it is today, American children in pockets of the country literally suffered from lack of food—not today’s version of “starvation” that somehow coexists with obesity—and political violence and social unrest that make today's look like a rambunctious recess.

There are things about American society 50 years ago that were better and worth recovering. But pretending progress since then amounts to “air conditioning and iPhones” requires a truly heroic level of selective memory or outright ignorance of what life was like in the 60's, 70's and 80's.

Book
Die with zero

I understand that.

I still work bc I'm good at it, and I like it.

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64

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Same.


I just go in a few hours a week.

He's in good health, snd I hope your mom is too.

Only thing I'd say to him is to place a high value on his time with her and his kids.

Time is way more valuable than money.

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I just go in a few hours a week. He's in good health, snd I hope your mom is too. Only thing I'd say to him is to place a high value on his time with her and his kids. Time is way more valuable than money.

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I see them more now than I ever have the last 24 years. I’m the oldest and moved off, siblings stayed around. Missed out on a lot over the last 22 years but moved back to make up for it. I’m the closest now.

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Book
Die with zero

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It’s ironic that a hedge fund manager would write a book called die with zero for the plebs to buy and follow


There was this golden time in America from the end of ww2 to the Great Recession where life was getting better for every American and since then it has been nothing but an upwards transfer of wealth. I guarantee you the people at the top aren’t trying to “die with zero”

Some of you in yalls lifetime will watch how much more your descendants will struggle largely due to idiotic money policies and societal policies created by the government. It’s a shame George bush couldn’t have been president for life

I have been thinking about this myself, as I'm going to be retiring in less than a year. I'm pretty confident I have enough money to live out my life comfortably, but it will be different without a paycheck.

Some people value the future of their kids and grandkids more than material possessions.

I mean you could manage the tax deferred part. You have 10 years after death to just let it sit… not sure you age but could then start withdrawing.

If you’re not retired by that 10 years, take $20k out yearly and find you and hers Roth IRA. With modest 7% Gaines, in 8-10,’more years that $200k total you took out (which was taxed) will grow back to at least that $200k- which will be tax free