U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-16-2015, 12:39 PM
 
Location: Connecticut
26,286 posts, read 42,264,583 times
Reputation: 7803

Advertisements

Can you work part-time until you are eligible for SS and Medicare? Some people do that and then fully retire. Jay
Reply With Quote Quick reply to this message

 
Old 01-16-2015, 12:53 PM
 
Location: SW MO
23,605 posts, read 31,467,321 times
Reputation: 29071
Quote:
Originally Posted by mortpes View Post
Do whatever you can to get the full SS and the pension.
Nonsense! Quality of life and peace of mind trump mere money any day. Now if you'll excuse me I believe I hear some exploding heads. Could one be yours?
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 01:43 PM
 
11,929 posts, read 20,376,242 times
Reputation: 19328
Quote:
Originally Posted by Curmudgeon View Post
Nonsense! Quality of life and peace of mind trump mere money any day. Now if you'll excuse me I believe I hear some exploding heads. Could one be yours?
I hear you on that. But the talking heads people listen to as having all the answers have scared the bejeebers out of everyone over money. Hard to counteract that.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 04:39 PM
 
Location: SoCal
65 posts, read 66,543 times
Reputation: 101
Quote:
Originally Posted by Curmudgeon View Post
Nonsense! Quality of life and peace of mind trump mere money any day. Now if you'll excuse me I believe I hear some exploding heads. Could one be yours?
I agree whole heartily on that. I took early retirement at 62 with a small 401k >100k and RRR. But my wife who is four year younger, is still working. She really want to work until she reaches 65. There is no Goldilocks formula, each person has to weight the pro and con individually. But I do agree about being in a places your happy. I hate California not for the usual reason. I'm sick of sunshine I miss the seasonal change's and rain. I grew up with in the south, and my most wonderful memories are listening to the daily evening rain shower. But I can't leave until she retires in five years at the earliest.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 04:56 PM
 
Location: SW MO
23,605 posts, read 31,467,321 times
Reputation: 29071
Quote:
Originally Posted by longslim View Post
I agree whole heartily on that. I took early retirement at 62 with a small 401k >100k and RRR. But my wife who is four year younger, is still working. She really want to work until she reaches 65. There is no Goldilocks formula, each person has to weight the pro and con individually. But I do agree about being in a places your happy. I hate California not for the usual reason. I'm sick of sunshine I miss the seasonal change's and rain. I grew up with in the south, and my most wonderful memories are listening to the daily evening rain shower. But I can't leave until she retires in five years at the earliest.
It's those things my wife and I missed from the south that caused us to move from CA to the Ozarks in retirement.

Ya just can't beat summer thunderstorms!
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 05:03 PM
 
11,929 posts, read 20,376,242 times
Reputation: 19328
Quote:
Originally Posted by Curmudgeon View Post
It's those things my wife and I missed from the south that caused us to move from CA to the Ozarks in retirement.

Ya just can't beat summer thunderstorms!
I miss thunderbumpers.... and that's why I want to move back to PA....
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 05:52 PM
 
Location: Los Angeles area
14,018 posts, read 17,726,438 times
Reputation: 32304
Quote:
Originally Posted by Curmudgeon View Post
Nonsense! Quality of life and peace of mind trump mere money any day. Now if you'll excuse me I believe I hear some exploding heads. Could one be yours?
As usual I agree with my friend Curmudgeon, but in this case only up to a certain point. If the lack of money becomes too severe, then one's "quality of life and peace of mind" are negatively affected. That is, if one is destitute or almost destitute, then there is normally not much quality of life or peace of mind.

Part of my peace of mind is being financially secure, not to the point of living a high-end life style (as I don't even desire that), but to the point of living a comfortable (if modest) life while never having to think about finances.

"Modest" and "high-end" are relative terms, so to avoid misunderstandings I will give just one example, from the automotive area. I last bought a new car seven and a half years ago and paid just under $27,000 for it. I will still have that car 10 years down the road, unless something unusual happens to it. So that's what I mean by modest.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 07:03 PM
 
Location: Silicon Valley
18,081 posts, read 22,924,480 times
Reputation: 35201
Quote:
Originally Posted by Escort Rider View Post
Glad you are happy. But you neglected to thank the rest of us who are paying for your housing. I am not overjoyed at the idea that I am paying for my own housing and also for the housing of others. It doesn't negatively affect my own happiness, but the idea rankles.
Why should I thank you for collecting on insurance I paid for myself?

May you never become disabled and have to use the insurance you paid for.

And if you want to get into the logistics of what I supposedly cost you - out of your own pocket - let's say the market rent for my apartment is about $550. I pay $335. This leaves a difference that is subsidized of $215 per month. Divide that by how many people? Some of the subsidy is federal, state and county. But, let's use federal. How many people live in the US now? Let me google it...

Okay, Wikipedia says there are about 300 million people living in the U.S. So exactly how much out of pocket are you, personally, for my subsidized apartment, that I paid insurance for my entire working life?

Just sayin'. Feel rankled all you like. But, you're not personally affected by any measurable degree by the fact that I am in a subsidized apartment.

Sheesh, the arrogance of this line of thinking rankles me.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 07:21 PM
 
Location: SW MO
23,605 posts, read 31,467,321 times
Reputation: 29071
Quote:
Originally Posted by Escort Rider View Post
As usual I agree with my friend Curmudgeon, but in this case only up to a certain point. If the lack of money becomes too severe, then one's "quality of life and peace of mind" are negatively affected. That is, if one is destitute or almost destitute, then there is normally not much quality of life or peace of mind.

Part of my peace of mind is being financially secure, not to the point of living a high-end life style (as I don't even desire that), but to the point of living a comfortable (if modest) life while never having to think about finances.

"Modest" and "high-end" are relative terms, so to avoid misunderstandings I will give just one example, from the automotive area. I last bought a new car seven and a half years ago and paid just under $27,000 for it. I will still have that car 10 years down the road, unless something unusual happens to it. So that's what I mean by modest.
And I agree with you, my friend. If you have enough to meet all your needs and some of your wants, peace of mind is easy. If you're just scraping by it can get scary.

We also bought our car seven and a half years ago and paid right at $20K which was an excellent price for a new Honda Accord. Barring the unforeseen it will end up being the last car we'll buy. It just turned 79,000 miles so it's not yet quite broken-in and regular maintenance should keep it going maybe longer than I will. We find modest to be quite comfortable.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 07:23 PM
 
Location: SW MO
23,605 posts, read 31,467,321 times
Reputation: 29071
Quote:
Originally Posted by Tallysmom View Post
I miss thunderbumpers.... and that's why I want to move back to PA....
I hope you get your wish. Like you, we knew what we were getting and we've not been disappointed.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top