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Old 01-08-2017, 07:36 AM
 
18,945 posts, read 11,552,006 times
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how about - everyone try to be not so partisan on this thread.
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Old 01-08-2017, 07:46 AM
 
Location: City of the Angels
2,222 posts, read 2,334,929 times
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I like these bull/bear sine wave charts.
No crashes, only corrections of approximately 17 year cycles.
Of course with 2017 coming along and the Dow at 20,000, this could be evidence for our future.








Last edited by NickofDiamonds; 01-08-2017 at 07:55 AM..
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Old 01-08-2017, 08:03 AM
 
Location: Saint John, IN
11,583 posts, read 6,696,941 times
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One way to not worry if S.S. will be there for your retirement is to SAVE for your retirement. Too many people relying on the fact that S.S. will be there for them. Invest and be diversified!
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Old 01-08-2017, 09:07 AM
 
4,224 posts, read 2,995,496 times
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Nota Bene: Cycles are an illusion. The past, present, and future are independent, not deterministic.
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Old 01-08-2017, 09:07 AM
 
Location: Spring Hill Florida
12,135 posts, read 16,066,581 times
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Quote:
Originally Posted by Electrician4you View Post
I would want nothing more than to have the ability to opt out of SS. I would like to get a check with interest paid to me so I can invest as I see fit
What do you do when your investments fail to provide the expected results?
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Old 01-08-2017, 09:17 AM
 
160 posts, read 289,290 times
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Quote:
Originally Posted by CGab View Post
One way to not worry if S.S. will be there for your retirement is to SAVE for your retirement. Too many people relying on the fact that S.S. will be there for them. Invest and be diversified!
TBH, I think this is the bigger concern, as we transition from a retiring generation of "pensioners" to a generation who has had to be responsible for retirement saving decisions. Too many people have not adequately invested in retirement plans (or may not have access to one), what happens to them once they retire? Millions of people are living paycheck to paycheck (many through fault of their own), what happens when the income stream stops and their only source of income is SS?

I feel I have been a very responsible investor for retirement, with conservative projections indicating I should have approximately $1.5-2M if no disasters strike. According to many financial experts, even that may not be sufficient to fund retirement...can't imagine what dire straits those millions of Americans will be in of that is the case.
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Old 01-08-2017, 09:27 AM
 
26,181 posts, read 21,462,310 times
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Quote:
Originally Posted by NewbieHere View Post
What do you mean by mean nothing. When I was working I can't wait until I max out on my SS because that means more money o my pocket.
I mean the Utility of 116.00 per month is pretty insignificant to someone making 10k+ a month or at least it should be. I know it is for me. When I hit the cap for SS withholding it is entirely unimpactful to my life every single time that's the reality of it
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Old 01-08-2017, 09:30 AM
 
Location: SoCal
20,160 posts, read 12,701,021 times
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Quote:
Originally Posted by mathjak107 View Post
i lived through only 2 crashes in my 30 years as an investor .

2000 was only a crash if you were not diversified and were dot com and tech heavy . it was just a normal down year if you were diversified .

so really just 1987 and 2008-2009 for the most part . 1987 actually recovered and ended the year up .

2000 i was down 10% , 1987 up 2.3%
1987 was a blip because it happened so fast. I know because I shorted the market the Friday before the Monday crash. Back then there was no computer, by the time I called in to sell my puts, the market recovered, so I didnt win much.
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Old 01-08-2017, 09:31 AM
 
Location: SoCal
20,160 posts, read 12,701,021 times
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Quote:
Originally Posted by Lowexpectations View Post
I mean the Utility of 116.00 per month is pretty insignificant to someone making 10k+ a month or at least it should be. I know it is for me
Yes, but you don't take home the whole $10k, you pay tax on top of tax.
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Old 01-08-2017, 09:34 AM
 
26,181 posts, read 21,462,310 times
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Quote:
Originally Posted by NewbieHere View Post
Yes, but you don't take home the whole $10k, you pay tax on top of tax.
I'm well aware of how the math works out and again you are choosing to overlook the obvious picture. In the example cited in the source a single earner grossing 125k and increasing taxes at marginal rates of 1400.00 per year is going to be immaterial or again should be
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