- 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: Lets say you plan on retiring at age 60 and you are now 30....
Posted on 7/10/18 at 11:30 am to Count Chocula
Posted on 7/10/18 at 11:30 am to Count Chocula
Good. I love my job.
0
Posted on 7/10/18 at 11:33 am to TH03
quote:
Ain’t a vacation if you have to bring the work laptop.
I haven’t been on vacation in 10 years then
Posted on 7/10/18 at 11:34 am to dragginass
quote:Have two or three kids and treat them well (private schools, sports, cars, pay for their college educations, weddings, etc.) and then get back to me on this.
30 years is more than enough time to save for retirement, even without social security. If you've been at all responsible in your 20's you can retire at 50-55 easily.
If you either have no kids or you crumb your kids, then you are closer to being correct but still not right for the vast majority of Americans.
Posted on 7/10/18 at 11:36 am to dragginass
quote:Not the kids today.
If you've been at all responsible in your 20's you can retire at 50-55 easily.
Posted on 7/10/18 at 11:40 am to Wtodd
quote:
I plan to. I've crunched the numbers and I'll be fine financially (barring something extraordinary).
What, if I may ask, went into those numbers?
Posted on 7/10/18 at 11:42 am to dragginass
quote:
30 years is more than enough time to save for retirement, even without social security. If you've been at all responsible in your 20's you can retire at 50-55 easily.
Fill in the gaps for us, particularly if it's so easy.
Posted on 7/10/18 at 11:47 am to slackster
quote:
Fill in the gaps for us, particularly if it's so easy.
Posted on 7/10/18 at 11:48 am to slackster
quote:
Fill in the gaps for us, particularly if it's so easy.
Live in a shite house
Eat ramen
Have no social life
Take no vacations
There you go.
But hey you can have fun at 55, if you even make it to then.
This post was edited on 7/10/18 at 11:49 am
Posted on 7/10/18 at 11:48 am to OysterPoBoy
quote:
Who the hell retires at 60?
I am aiming for 55. Semi retirement
Posted on 7/10/18 at 11:50 am to slackster
quote:
Fill in the gaps for us, particularly if it's so easy.
1. I'm not a financial advisor, nor qualified.
2. I'm in the exact position I described however, so Ill tell you MY "how".
Stop buying useless shite. Get a 15 year mortgage or shorter. Do not take loans out on depreciating assets such as cars/trucks/boats. Cash flow your education, and only if you will complete it with a skill or qualification which is meaningful and valuable. Contribute to your retirement via whatever means accessible. If you start at 10% in your 20's you will likely be a millionaire in your late 40's, and have a world of options to you in your 50's.
Posted on 7/10/18 at 11:50 am to Count Chocula
Why the frick would you work till your 60, work till your 45 and retire whenever after that.
Posted on 7/10/18 at 11:50 am to LanierSpots
Don’t think I’ll ever retire. I like nice things
Posted on 7/10/18 at 11:52 am to Tester1216
Latch on to a sugar daddy. Solve problem.
Posted on 7/10/18 at 11:52 am to soccerfüt
quote:
Have two or three kids and treat them well (private schools, sports, cars, pay for their college educations, weddings, etc.) and then get back to me on this.
BS. "Treat them well" doesn't have to be expensive. Move to a school district that is respectable, or pay modest tuition. I have kids and I've paid $800mo for a great daycare. Catholic school is cheap compared to that, and it isn't a budget buster if the rest of your finances are on point.
Posted on 7/10/18 at 11:54 am to Count Chocula
quote:
Latch on to a sugar daddy. Solve problem
Not. I like nice things and I don’t mind working to get them.
Posted on 7/10/18 at 11:55 am to dragginass
quote:
Move to a school district that is respectable
So buy a more expensive house and pay more in property taxes.
quote:
I have kids and I've paid $800mo for a great daycare.
That’s $1500 a month here for a friend of mine with 2 kids that go.
quote:
Catholic school is cheap compared to that,
$16k+ a year here. On top of property taxes.
This post was edited on 7/10/18 at 11:56 am
Posted on 7/10/18 at 11:55 am to Tester1216
Prude... you could've just played along?
Posted on 7/10/18 at 12:00 pm to TH03
If you're paying $16k a year for Catholic school you're an idiot, and no amount of financial advice will help you.
If you happen to live in a market where that is the barrier to entry price then your wages will be reflective. If you aren't at a significant pay scale and you're doing that, then again, you're an idiot.
If you happen to live in a market where that is the barrier to entry price then your wages will be reflective. If you aren't at a significant pay scale and you're doing that, then again, you're an idiot.
Posted on 7/10/18 at 12:01 pm to Count Chocula
quote:
you could've just played along?
Not with some peasant who can’t retire before the age of 60.
Posted on 7/10/18 at 12:02 pm to dragginass
quote:
If you're paying $16k a year for Catholic school you're an idiot, and no amount of financial advice will help you.
My wife’s was $16k a year, BIL was $18k. My in laws are doing just fine.
Speaking in absolutes is always funny.
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News