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re: The amount of old people I see working menial jobs these days is way too high

Posted on 2/27/23 at 3:47 pm to
Posted by Dawgfanman
Member since Jun 2015
24791 posts
Posted on 2/27/23 at 3:47 pm to
quote:

Kids not cutting grass or raking leaves is beyond me.


Parenting failure.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282189 posts
Posted on 2/27/23 at 3:48 pm to
quote:



I fully intend to work at a ballpark or for a sports team when I retire from the real world.

Don't assume that if I'm taking tickets or something that I'm having a bad time doing it.


Yep, former coworker sells guns a couple times a week at Sortsmans Warehouse for the discounts. He got a sweet deal on a Barrett 50 cal. Lots of fun with tannerite.

The airlines are another. You get flight benefits. I might consider working for a regional commuter for those.
This post was edited on 2/27/23 at 3:50 pm
Posted by 777Tiger
Member since Mar 2011
83355 posts
Posted on 2/27/23 at 3:49 pm to
quote:

Lots of fun with tannerite.



first time I saw that stuff used I couldn't believe you can buy that otc without some kind of license


ETA: we were shooting at an old junk car from a ridge down into a gravel pit with a .50 from at least a quarter mile away, taking turns, when someone finally hit that thing it went about 40' in the air did about 3/4 of a horizontal revolution and went sideways for about another 50' then droppedt
This post was edited on 2/27/23 at 3:54 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282189 posts
Posted on 2/27/23 at 3:52 pm to
quote:



first time I saw that stuff used I couldn't believe you can buy that otc without some kind of license


I know..

One day the ladies will catch on and ruin it for us, but I'll enjoy it while I can.
Posted by cheobode
Member since Dec 2017
1417 posts
Posted on 2/27/23 at 3:59 pm to
quote:

Kids


Her youngest grandson is 22. Only one is married with a family.
Posted by tigerfoot
Alexandria
Member since Sep 2006
59024 posts
Posted on 2/27/23 at 4:09 pm to
quote:

In what 50 year span has things not shot up?
You should turn on the news. The col is up about 6%, twice as fast as historical levels....6% of a 70,000 year existence is 4k, given historical increases are about 2k, this will be a pretty nice gap at the end of days. Make a few hundred a month while healthy enough to do so.
quote:

if I have to go back to work at 70 because the price of gas went up $1 per gallon then I did something wrong.

Fair enough, and many of these folks were blue collar workers that dont have the luxury some do. I dont hate on em because of it. I see both sides. My parents planned on a certain retirement. Dad worked for a big company with a pension, at 55 they forced early retirement. My mom has had a debilitating health condition for over 20 years. Healthcare costs are about 20k a year and their nut was smaller than they planned for for 25 years of working life. They are doing fine, but every dollar counts.

quote:

In what 50 year span has things not shot up?
Again. The term record inflation means something.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
39217 posts
Posted on 2/27/23 at 4:11 pm to
Getting rid of pensions put more pressure on individuals.

Inflation and a market drop wrecked retirement plans
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282189 posts
Posted on 2/27/23 at 4:12 pm to
quote:

Inflation and a market drop wrecked retirement plans


Quite a few went back to work after 2009-2010.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38627 posts
Posted on 2/27/23 at 4:13 pm to
quote:

Again. The term record inflation means something.


Despite the nearly incessant moaning and bitching we haven’t experienced anything close to record inflation the past few years.

And for the 100th time, Bidenflation has absolutely frick all to do with the typical 65+ year old having less than 100k liquid. Inflation could be 0% in perpetuity and most boomers would still be fricked financially.
Posted by 777Tiger
Member since Mar 2011
83355 posts
Posted on 2/27/23 at 4:14 pm to
quote:

2009-2010.



that stock market the couple of years prior to that devastated a lot of folks retirement accounts/plans
This post was edited on 2/27/23 at 4:16 pm
Posted by Dawgfanman
Member since Jun 2015
24791 posts
Posted on 2/27/23 at 4:16 pm to
quote:

You should turn on the news. The col is up about 6%, twice as fast as historical levels....6% of a 70,000 year existence is 4k, given historical increases are about 2k, this will be a pretty nice gap at the end of days. Make a few hundred a month while healthy enough to do so.


Social Security recipients got an 8.7% increase in Jan 2023.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
39217 posts
Posted on 2/27/23 at 4:16 pm to
quote:

The airlines are another. You get flight benefits. I might consider working for a regional commuter for those


Last week my teacher wife (no pics) went on a cruise. While on board she ran into a former collegue who retired last year from teaching.

When she disembarked, she saw the same guy wearing a carnival shirt and obviously working in the terminal. She’s like wait you got the ship and went to work? He’s like yep… gives me something to do a few days a week and I get great employee discounts on cruises.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
282189 posts
Posted on 2/27/23 at 4:18 pm to
quote:

Last week my teacher wife (no pics) went on a cruise. While on board she ran into a former collegue who retired last year from teaching.

When she disembarked, she saw the same guy wearing a carnival shirt and obviously working in the terminal. She’s like wait you got the ship and went to work? He’s like yep… gives me something to do a few days a week and I get great employee discounts on cruises.


Yep. Lots of folks work tourism in summer here just for the benefits. Travel benefits are pretty popular.

I used to have all kinds of discounted travel, it was awesome. I miss the business.
This post was edited on 2/27/23 at 4:19 pm
Posted by tigerfoot
Alexandria
Member since Sep 2006
59024 posts
Posted on 2/27/23 at 4:22 pm to
quote:

we haven’t experienced anything close to record inflation the past few years.

We actually have. Aside from a couple years in the late 70s and coming off WW2, we have seen historic increases.
quote:

Bidenflation has absolutely frick all to do with the typical 65+ year old having less than 100k liquid
You are presuming a whole lot. I know many guys that are set for retirement yet keep hobby type jobs.
quote:

most boomers would still be fricked financially.


Boomers? This isnt a boomer problem, about half of people of all ages are not prepared for retirement.
Posted by tigerfoot
Alexandria
Member since Sep 2006
59024 posts
Posted on 2/27/23 at 4:23 pm to
quote:

Social Security recipients got an 8.7% increase in Jan 2023.


And I dont think the most that are affected by inflation the most get the majority of their income from Social Security. I know my parents get very little of their income from SS.
Posted by GreatLakesTiger24
Member since May 2012
57874 posts
Posted on 2/27/23 at 4:25 pm to
quote:

Boomers? This isnt a boomer problem, about half of people of all ages are not prepared for retirement.

way more than that.

if you want to retire with any guarantee of dignity, you need millions and/or a very healthy defined benefit. a tiny percentage of the country has that/will have that.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
58831 posts
Posted on 2/27/23 at 4:25 pm to
I heard the shut down Knob Creek. Ever go there?
Posted by 777Tiger
Member since Mar 2011
83355 posts
Posted on 2/27/23 at 4:26 pm to
quote:

if you want to retire with any guarantee of dignity, you need millions and/or a very healthy defined benefit. a tiny percentage of the country has that/will have that.



I'm going to open up a pay day/SS check day loans bidness and milk all of you poors!
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38627 posts
Posted on 2/27/23 at 4:28 pm to
quote:

We actually have. Aside from a couple years in the late 70s and coming off WW2, we have seen historic increases.


So not record inflation. Got it. Btw last year was the worst year for equities except for all of the years that were worse.

quote:

You are presuming a whole lot.


It is actually you who is (incorrectly) presuming. Over HALF of people aged 65 or above have less than 100k saved. That’s not a presumption, it’s a fact.
This post was edited on 2/27/23 at 4:34 pm
Posted by Dawgfanman
Member since Jun 2015
24791 posts
Posted on 2/27/23 at 4:29 pm to
quote:

And I dont think the most that are affected by inflation the most get the majority of their income from Social Security. I know my parents get very little of their income from SS.


Social Security makes up the majority of income for seniors (over 50% of income for over 50% of seniors) For a sizable amount (25%) it provides over 90% of their income.
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