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re: Should people 65+ work

Posted on 9/19/17 at 8:14 pm to
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 9/19/17 at 8:14 pm to
Was forced into retirement at 52 due to my health. I'm 60 and yes, I saved 20%+ towards my retirement all my life. No were rich, but there is a very good chance my yearly income is much more then yours.
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 9/19/17 at 8:18 pm to
quote:

I need handouts????


You sound like you're about ready to start holding that hand out as you as you hit 65. How come you're scared of doing your share to help the economy?

Just work to be productive for yourself and your betters, and you'll have nothing to worry about.
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 9/19/17 at 8:21 pm to
Yep, dad is 78 and runs/owns several multimillion dollar bidnesses. His retired friends ask him when he is going to retire. The answer is always sometime around 85. Some people just have to work. I don't know what he would do without work. Hell when he can't golf on the weekends in the winter it is bad enough...
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 9/19/17 at 8:21 pm to
Well you need to start making money for somebody, otherwise what's your purpose?
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 9/19/17 at 8:26 pm to
To fricking pay taxes out that arse in retirement. Just sucks the big one. Like I haven't paid enough in my life time already.
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 9/19/17 at 8:28 pm to
quote:

To fricking pay taxes


Paying taxes? Are you fricking kidding me? How stupid can you be to not get out of paying taxes? Do you also go to jury duty?

Posted by GreatLakesTiger24
Member since May 2012
61594 posts
Posted on 9/19/17 at 8:31 pm to
quote:

When I audited 401k plans it was amazing how many 50-60 year olds had less than 50k in their account.

something like >50% of boomers have less than 10k saved

boomers
Posted by dukke v
PLUTO
Member since Jul 2006
216684 posts
Posted on 9/19/17 at 8:33 pm to
quote:

Well you need to start making money for somebody, otherwise what's your purpose?



So US OLD people need to KEEP making money to support your young punk arse???


You are pathetic and have ZERO clue what REAL LIFE is ABOUT...Why do I have the feeling you were fed A silver spoon?????
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 9/19/17 at 8:34 pm to
quote:

Paying taxes? Are you fricking kidding me? How stupid can you be to not get out of paying taxes? Do you also go to jury duty?


Now I know you trolling. And no, I don't do jury duty.
Posted by Barneyrb
NELA
Member since May 2016
7421 posts
Posted on 9/19/17 at 8:34 pm to
My father is 86,not wealthy but is fairly comfortable, still owns a business here in town and goes to work every day. He does have a partner and if Dad feels like taking off early he can or even just don't go in at all.

He still have very good health and takes his motorhome anywhere he has the desire to go.

Should he be working? I'm not qualified to tell him to sit home, dry up, and die. Older people need to stay moving to stay alive.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/19/17 at 8:35 pm to
Peej, are you going to be able to retire comfortably at 65-70?

How much money do plan to retire with?

What's your net worth right now?

Do you know what net worth is?
Posted by BowDownToLSU
Livingston louisiana
Member since Feb 2010
21870 posts
Posted on 9/19/17 at 8:36 pm to
GFY
Posted by rocket31
Member since Jan 2008
41888 posts
Posted on 9/19/17 at 8:37 pm to
quote:

something like >50% of boomers have less than 10k saved


just lol at boomers

have the world handed to them and they still manage to frick it up for themselves (and everyone else)
Posted by dukke v
PLUTO
Member since Jul 2006
216684 posts
Posted on 9/19/17 at 8:37 pm to
quote:

Peej, are you going to be able to retire comfortably at 65-70?



yes...


quote:

How much money do plan to retire with?



enough.....


quote:

What's your net worth right now?




enough....


quote:

Do you know what net worth is?




yup...

And its more than LUCASP has.............


I am NOT who you think I am...


Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 9/19/17 at 8:39 pm to
I don't believe you.

Posted by East Coast Band
Member since Nov 2010
67007 posts
Posted on 9/19/17 at 8:39 pm to
About a year old chart...

Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 9/19/17 at 8:48 pm to
quote:

So US OLD people need to KEEP making money to support your young punk arse???


I didn't say you needed to make money for younger people, I said you need to make money for better people.

It's not the young you need to worry about, it's the wealthy. Without them you're nothing. Keep them happy, otherwise the economy doesn't work.
Posted by Traveler
I'm not late-I'm early for tomorrow
Member since Sep 2003
26617 posts
Posted on 9/19/17 at 8:48 pm to
I recently retired at 64 with no regrets. I was fortunate to work with a company that had all the benefits to make retirement easy if you took advantage of them and I did. I know many of my coworkers that will work until they die because they didn't make the right choices for their future.
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
76131 posts
Posted on 9/19/17 at 8:52 pm to
I remember when I blamed my job problems on older people not retiring. I understand.

Show up 5 minutes early, stay 5 minutes late... every day.

View challenges as opportunities, take them on with a positive attitude.

This is simple generic advice, which is why it is so often dismissed. And thus, why those qualities are hard to find.

Ask any upper level manager why it is so hard to find good people, and the two above factors will be at the top.


It doesn't matter if you are a burger flipper or a code monkey, or a salesman or a house painter. Follow those two rules above and you won't give two fricks how long other people work.



Posted by pensacola
pensacola
Member since Sep 2005
4832 posts
Posted on 9/19/17 at 9:14 pm to
Elderly are a protected class and unfireable. Companies hire with caution.
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