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Old 07-13-2014, 01:52 PM
Location: East of the Mississippi and South of Bluegrass
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Originally Posted by Robyn55 View Post
One reason I don't read a lot of analyses of past stuff is - like they say - past performance is no guarantee of future results. I do try to stay in touch with what's happening now - and look for indications that current trends are changing. I think it's foolish to try to predict future changes. Although that's what a lot of the so-called "talking heads" try to do. OTOH - if and when I'm inclined to guess about the future - figure my guess is as good as anyone's .

FWIW - I'm shopping for a new refrigerator now. And it seems that if we're planning on the assumption that appliances we buy today will last as long as the ones we bought 20 years ago - we're in for a rude shock. But I'm not sure. Maybe if I treat my newer appliances well - they'll last as long as my old ones? And - if we can't plan our lives in terms of something as simple as appliances (like - for example - when we cut out cabinets for them) - what *can* we plan for with any degree of precision?

Even when things can be predicted with perfect precision decades in advance - like astronomers predicting last night's "super moon" - no one could have predicted whether I'd be able to see it last night even hours in advance (it was raining and overcast all day - and then the clouds parted a short time before the moon "came up" - and - to my surprise - I was able to see it).

None of this means we should just live day to day - without doing any planning at all. We just have to realize that "the best laid schemes of mice and men often go awry." Robyn
Nice way to sum it up, I think! And in a 'nutshell' as well!
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Old 07-13-2014, 02:13 PM
12,709 posts, read 9,995,847 times
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Originally Posted by jghorton View Post
The longer I live, the more it seems that the world and people remain pretty much the same. Sure, technology, cultural speech, dress and manners; and individual careers or investments change. But, People themselves (and God), have remained the same ... from the beginning. That is largely why a 2000-6000-year old Bible/scripture is as relevant today ... as when it was written! ---- It's okay to not know what the future holds, as long as we know the one who holds our future.'
This is not a place to proselytize...
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Old 07-13-2014, 03:16 PM
Location: Ponte Vedra Beach FL
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Originally Posted by TuborgP View Post
Robyn, as a person of means do you really want a Fridge with 15 year old features and performance? Technology is also putting repair men out of business. Ask TV repair folk.
I have 2 refrigerators now (one in the kitchen - one in the garage). Both about 20 years old. They have the performance that matters most to me. They keep my food cold - and don't break down . My appliances are utility streams - nothing more - and I don't expect less.

In terms of "new" features in current refrigerators - I've only noticed 2. Dedicated freezer areas for frozen pizzas. And multiple huge door holders. Honestly too big to hold most things - except gallons of things like milk. FWIW - my last refrigerator did away with egg containers on the door - because eggs spoil too quickly on the door. Don't know why that wouldn't happen with milk.

I guess some people might consider having an expensive motherboard that tells them that they've forgotten to close the door properly a technological advance. I don't. Once in a blue moon there are real technological advances in the field of major appliances. Like microwave cooking (which almost everyone uses). Or convection ovens and induction stove tops. Which work for some people - not others. I buy the new technologies that work for me. I have convection ovens - like them - but not an induction stove top. FWIW - some of the most fun technological advances in the kitchen in recent decades haven't been in the major appliance area. They're things like ceramic knives and small appliances like immersion blenders.

Also - there are of course style differences - things like door handles. But - if you buy a "suite" of appliances today - the estimated life on the dishwasher may be 4 years - the oven 6 and the refrigerator 8. So - unless you want to replace everything when the first appliance dies - you're going to wind up with non-matching appliances.

I spend what some people would consider to be a ridiculous amount of money on some things (don't ask). But major appliances are things I do stuff with. Cool - cook - clean. I'll pay more to get something dependable - but that's apparently not in the cards these days. At least not anything anyone will warrant. Even Subzero has only a 2 year warranty on the things most likely to fail in its units.

I guess I'm at an age and in a financial situation where I have enough money that I don't have to advertise it (or not advertise it) through kitchen appliances. I buy kitchen appliances the same way I buy other major appliances in my house. Like an HVAC system - water heater - water softener - whatever. The ones that do their job best with the least amount of muss/fuss/maintenance (routine or otherwise). I suspect the most extravagant appliance in our house is our recirculating hot water pump (which means instant on hot water in the shower on a cold morning). Because it's not energy efficient at all. And no one visiting us will ever know about it unless he/she is a house guest.

Finally - I don't agree with you that technology is putting repair people out of business - at least when it comes to major appliances (TVs may be different - because all but the priciest ones are cheap these days - I bought a small Samsung for my kitchen at Costco for $129 this year). When I go looking at something like refrigerators - at least 90% of the people I see buying are using financing. They can't afford to buy the things in the first place (much less the extended warranties) - and they can't afford to trash them and buy new ones if they're lemons. So they pour money into repairs if their piece of eye candy breaks down.

What I can say about repair people is the warranty outfits (at least in my area) are very overloaded - with often long waiting times. And they're often not very good (they get paid peanuts on warranty work). Although some techs are better than others. And - in our area - the same firm that services $800 builders' grade Whirlpools services $10k Subzeros too. First come - first served. IOW - the people paying for the concierge service get the same service as people on Medicaid. The best repair outfit I've run across here doesn't do any warranty work at all.

You will have to forgive me for going on a tear like this. But - when I see these poor kids at Lowe's replacing their perfectly decent functioning appliances with new ones because DW simply has to have SS to impress the neighbors - I really roll my eyes. Just because I can afford something doesn't mean I have to buy it (and I never buy anything just to impress the neighbors). Robyn
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Old 07-13-2014, 03:28 PM
Location: Ponte Vedra Beach FL
14,628 posts, read 17,953,845 times
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Originally Posted by newenglandgirl View Post
As we boomers become older the health and finance factors will be ever closer hand-in-hand. I just read this morning on NBC News that death from Alzheimer's, for instance, is something like 5 times what was previously stated, "rivaling cancer and heart disease." That would suggest of course that many more people have it than previously thought.

"There’s no cure for Alzheimer’s, the most common form of dementia, which affects more than 5 million Americans — and it’s projected to soar to 13 million over the next 35 years. A study published earlier this month suggested it’s a big killer, taking down more than 500,000 Americans every year..."

In tandem with what is being called an "epidemic," health care resources, quality, and cost, as well as with the other conditions of old age with the boomer wave, will likely have significant ramifications for the overall economy.

The unknowns on all fronts can give serious pause.If we want to stay calm and enjoy retirement, we can only trust in ourselves and live day by day, staying as healthy as we possibly can and watching our finances as well.
I tried to find the article you mentioned - but couldn't.

And are you sure you heard it right? Keeping in mind that there's a difference between dying *of* Alzheimer's - and dying *with* Alzheimer's from something else. The older people are - the more likely they will have some form of dementia when they die. But they won't necessarily die of dementia. They'll usually die of something else first. Alzheimer's runs in my mother's side of the family - but only one person in her very extended family has ever died *of* Alzheimer's - as opposed to dying (usually at a pretty advanced age) with some degree of dementia.

FWIW - I basically don't worry about this stuff at all. And - in all honesty - the less healthy you live - the sooner you will probably die - and the less likely you'll be to have any kind of dementia associated with old age. Robyn
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Old 07-13-2014, 03:41 PM
Location: Ponte Vedra Beach FL
14,628 posts, read 17,953,845 times
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Originally Posted by Windwalker2 View Post
Unless or until we get Alzheimers and can't watch or plan any more...
Then what?
Well - you put plans/documents in place if that happens. And it's not like it's something that happens overnight. There's plenty of time to plan once you realize that something's going on.

One of my late uncles died *of* Alzheimer's. After about a 20 year progressive illness. At age 90+. Until the last 5 years or so of his life - his wife still took him to poker parlors (he was a gambler). If my uncle hadn't gotten a second CABG after he was diagnosed with Alzheimer's - he probably would have died of cardiac disease in his 80's (better fate IMO - but the mileage of other people may vary).

I have known people with early onset dementias (they usually don't have Alzheimer's - but some do). But most people who get this stuff are usually old - really old. Robyn
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Old 07-13-2014, 03:56 PM
Location: Ponte Vedra Beach FL
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Originally Posted by HappyTexan View Post
At every stage in life you face the unknown so it's no different for retirees.
Picking your college major, getting that first job and sticking to that field, moving, quitting a job, etc.
All have an unknown. Retiring is no different.

The only known is that the longer you wait the older you get and the older you get the less you can do.
That's what drove my decision to retire early..being young enough to still do things I won't be able to do at 70 or 60.
Doesn't always work that way - but it did for us. We retired pretty early (with - in retrospect - a stupid small amount of money - but we had the investment winds at our backs in the 80's/90's). We did lots of things in our 40's/50's/early 60's that we can't do now. Some as a result of age - some as a result of personal medical conditions (e.g., my husband's MS).

The only conclusion I draw from my life in this area is - whether or not or when you retire - do whatever you want to do when you *can* do it. Because you never know what you'll be able to do 10-20 years down the road - or whether you'll be around to do it. Or whether the things you're interested in will be around either. The cruise up the Nile we took in 1981 wouldn't be a bucket of fun these days - not with the military escorts. And the cave paintings we saw in France are now closed to the public. OTOH - I tried to be a hot skier in my 40's - but was a total bust on the slopes. Not everything in life works out . Still - live - learn - explore when you can. Robyn

Last edited by Robyn55; 07-13-2014 at 04:18 PM..
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Old 07-13-2014, 04:06 PM
Location: sumter
8,602 posts, read 5,401,961 times
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Originally Posted by Hamish Forbes View Post
As our grandparents used to say: "Man plans; God laughs."
I still hear this today around my parts, it makes sense to me though. In june 2013, my aunt was talking about making a blueberry pie. She been planning on doing this for days and that's all she was talking about. She finally got all her ingredients and was set to do it the very next day, she died of a massive heart attack that same day. She wasn't sick prior to that and lived alone. Those same blueberry, I end up throwing in the garbage because weeks after her death they were still in the refrigerator and became moldy. I was going by there checking on the place until her grandson from up north came down to live in the place.
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Old 07-13-2014, 04:08 PM
Location: Ponte Vedra Beach FL
14,628 posts, read 17,953,845 times
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Originally Posted by ncole1 View Post
This is not a place to proselytize...
IIRC - jghorton is some kind of preacher. He is probably someone who takes comfort in his faith. It's not my personal cup of tea most of the time. But I wouldn't diss anyone who feels like that. Also - at certain points in my life (like when dealing with family deaths) - I find comfort in knowing what I'm expected to do as a Jewish person in terms of my faith - and doing it. Rituals can be comforting in times of extreme stress. Robyn

Last edited by Robyn55; 07-13-2014 at 04:19 PM..
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Old 07-13-2014, 04:17 PM
Location: Loudon, TN
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I'm with you on that last part of post #16 Robyn. Do it while you can. So many folks keep working for that magic number, and then when they finally reach it, are too infirm to really take advantage of the leisure time that they finally have. I retired early with a much smaller pension than I could have had because my sanity and happiness were more important to me than money. I can always live on less money, but I can't magically repair my body once it starts to fall apart, My family is not particularly long-lived, so I probably won't be either. My dad died WITH Alzheimer's, and so did his brother, so I have plans (and LTC insurance) in place just in case.
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Old 07-13-2014, 04:49 PM
Location: Nebraska
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One of the biggest fantasies is"it won't happen to me". Why is it that when you bring up mortality and the possibility that you my not live to some ripe old age, they start talking about how long their family lives. No one wants to be realistic that they may not live that long. Most of the families that I know always have a few that live to ripe old ages, but they never mention the ones that die of cancer at 45, or the one that died in a car accident at age 40. The same thing can happen to anyone at anytime. A car accident, health problems that don't kill you but make life very tough.

If they live old enough, every women in mine or my wife's family has had dementia for years before they died. It begins in the late 60's.

I have seen fellow workers that were perfectly healthy that got sick and a week later died. The sad part is that they were already retirement age and could have retired years before. I have a list of more then 30 people that have died that were my age or younger then me at the time of their death. Of all the former employees that I worked with for 30 years there or more that have passed on then are still alive and I'm only 60.
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