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Old 06-08-2014, 10:03 AM
 
Location: The Carolinas
2,008 posts, read 2,023,484 times
Reputation: 6104

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Save hard while working, Plan and have a great retirement up to a certain age, then eat a bullet when the money runs out (except to save some for cleaning up the mess and disposing of your remains).
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Old 06-08-2014, 10:11 AM
 
Location: Grove City, Ohio
10,143 posts, read 12,410,961 times
Reputation: 13997
Quote:
Originally Posted by johngolf View Post
I have my retirement income well planned until I am 84 years, 3 months, 12 days, and 17 hours old. Any time after that, I am screwed, blued, and tattooed.....LOL
But you likely will be in diapers and won't care.
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Old 06-08-2014, 10:13 AM
 
1,774 posts, read 2,448,787 times
Reputation: 5169
Yeah, no kidding! I've always had people around me dying left and right so I have this philosophy that you have to spend a bunch all during your life as you earn it (just in case you die early) but save some also (just in case you live a long time). My stupid but dead ex-husband saved obsessively and we lived like welfare so he could save for retirement. He died when he was about 55 and had well over a million that all went to his sister. So much for HIS plan.

Perhaps those who continue to save and save even well into retirement are actually insecure or perhaps think they will never die. I had a friend who had multiple retirement/pensions and he was in has late 80's and was still saving !! They never did a thing and had a small house in a poor section of town.

Personally, I'm glad I spent a lot of money because I had a lot of fun and always enjoyed nice things. In retirement, I am more careful but still have those wonderful possessions and if worse comes to worse, I can always sell my large home and go into something smaller to generate cash. I think I've saved enough but also wonder if/when I should start to spend it -but what would I buy anyway??? My priorities have changed so I'm content with my old 2003 Ford focus and I don't need/use dress up clothes anymore. Maybe travel some more but that doesn't cost too much and I'm not the type to go 1st class on grey hair cruises and trips. I am fortunate it worked out for me: a combination of hard work, consistency and luck.
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Old 06-08-2014, 11:01 AM
 
726 posts, read 701,175 times
Reputation: 1719
I'd still prefer this way rather than knowing the date. When it starts getting close it would weigh on my mind more and more, the end would not be an enjoyable time. I just hope I'm very old and it comes quickly.
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Old 06-08-2014, 11:55 AM
 
Location: SW Florida
9,777 posts, read 7,063,873 times
Reputation: 14355
Quote:
Originally Posted by Chaofan View Post
Have you checked the bottom of your left foot? Sometimes there's an expiration date stamped there, but sometimes they forget to put it on.
Or it might be on the inside of your ear canal. But I guess you'd need someone else to check that for you.
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Old 06-08-2014, 12:24 PM
 
Location: Near a river
16,042 posts, read 19,007,999 times
Reputation: 15649
Quote:
Originally Posted by johngolf View Post
I have my retirement income well planned until I am 84 years, 3 months, 12 days, and 17 hours old. Any time after that, I am screwed, blued, and tattooed.....LOL
Yep, me too. Same age. After that I probably won't care, but I doubt I'll live after that. A friend who was as fit as a fiddle with a fine physical constitution (and no stress, never married, no kids, and really really wealthy) recently died at 83, in his sleep (heart). If he went at that age, I will live no longer than that for sure. So my plan is based on 19, 20 years.
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Old 06-08-2014, 12:27 PM
 
Location: Near a river
16,042 posts, read 19,007,999 times
Reputation: 15649
Quote:
Originally Posted by nicet4 View Post
But you likely will be in diapers and won't care.
My thinking exactly.
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Old 06-08-2014, 12:29 PM
 
Location: Near a river
16,042 posts, read 19,007,999 times
Reputation: 15649
I read somewhere long ago that our probable age of death is between what age each of our parents died. My father died at 62, my mother at 92, and both grandmothers at 76. So the expectation for me is....
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Old 06-08-2014, 01:34 PM
 
Location: SW Florida
9,777 posts, read 7,063,873 times
Reputation: 14355
Quote:
Originally Posted by nicet4 View Post
But you likely will be in diapers and won't care.
May be, but I don't want to be there. I'm hoping for a sudden, swift heart attack or something similar, in my sleep before that stage where my mind isn't there anymore comes.
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Old 06-08-2014, 05:44 PM
 
28,287 posts, read 39,960,606 times
Reputation: 36804
Go to the wrong neighborhood and call someone the "N" word. No prob.
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