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Old 04-29-2015, 10:37 AM
 
Location: UpstateNY
8,612 posts, read 8,315,799 times
Reputation: 7524

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+++1 yikes good to know!
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Old 04-29-2015, 10:39 AM
 
Location: SW MO
23,605 posts, read 31,514,657 times
Reputation: 29081
Quote:
Originally Posted by PNW-type-gal View Post
The flip side is true as well - many people who did work very hard don't have much in the way of pension, either. One of the companies I worked for got raided as part of a buyout - no pension for the 10 years I worked there. So, sure, you did work hard to get that pension, but don't forget that there are many people who worked just as hard and don't have that fallback.
I've never forgotten that and have always thought it was/is criminal. I truly feel sorry for those so negatively impacted. By the same token I've always considered my wife and I fortunate, not lucky, to have the pensions and benefits we do. That's why I take exception to idiotic blathering about gravy trains and bitterness. In fact, if we have gravy train pensions and benefits, why would we be in the least bit bitter? Not just ignorant and ridiculous but non sequitur as well.
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Old 04-29-2015, 10:40 AM
 
Location: SW MO
23,605 posts, read 31,514,657 times
Reputation: 29081
Quote:
Originally Posted by tjasse View Post
yeah we all know how hard federal and state workers work. give me a break.
More pension envy no doubt. Now run along!
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Old 04-29-2015, 10:42 AM
 
1,831 posts, read 2,141,281 times
Reputation: 2602
First work on your expectations. Totally drop the concept of similar standards. Now move on to real. Health care is a must issue. Move to Costa Rica and obtain citizenship and purchase the national health care program. Obtain an apartment that is average NOT by USA standards but by the standards of the locals. Learn the language. Shop and live like the locals. This same concept also works in other areas of the world. The key is to totally discard the mindset and embrace the locals. I considered Costa Rica because of the health care availability in the larger city areas.
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Old 04-29-2015, 10:43 AM
 
9,693 posts, read 15,888,099 times
Reputation: 16051
Just to add my few cents----

there's a big difference between traveling to another country and living there. also, a big difference in what you thought was great in your 20's, you wouldn't be so happy with in your 60's.

I blithely traveled all over Latin America, Europe, in my early 20's. I was young, healthy, and stuff didn't bother me then but it would be intolerable now. Back then, stuff like humidity, high altitudes, lack of climate control--AC, heat--unfamiliar foods, none of that even registered, let alone became a negative. Now, well, I'm older, with a plethora of health problems. I used to travel with just one small pack/suitcase, now I need that just for my pills This old gal has all the usual "old people" stuff, arthritis, diabetes, high blood pressure, stomach problems----all under good control, but still, must manage them. Its distressing to have to travel with blood glucose monitors, blood pressure monitors, pills, Enbrel syringes, and truly, that does describe many my age.
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Old 04-29-2015, 10:44 AM
 
9,693 posts, read 15,888,099 times
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Quote:
Originally Posted by Curmudgeon View Post
More pension envy no doubt. Now run along!
Cute....
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Old 04-29-2015, 11:43 AM
 
2,296 posts, read 1,565,142 times
Reputation: 2737
Quote:
Originally Posted by mortpes View Post
First work on your expectations. Totally drop the concept of similar standards. Now move on to real. Health care is a must issue. Move to Costa Rica and obtain citizenship and purchase the national health care program. Obtain an apartment that is average NOT by USA standards but by the standards of the locals. Learn the language. Shop and live like the locals. This same concept also works in other areas of the world. The key is to totally discard the mindset and embrace the locals. I considered Costa Rica because of the health care availability in the larger city areas.
Just seems to me unless you want the "adventure" it's a lot of work to move to a foreign country for two years just to save money and then move back to the US. If I wanted the "adventure" I'd just take a couple of one month trips during those two years or whatever and just find a cheap place in the US to live on for 2k a month. It might be difficult in the urban areas, but there's thousands of other locales in which you can do that. I mean, you aren't gonna live high on the hog anywhere for 2k, but some places will be more survivable than others, for sure.
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Old 04-29-2015, 11:57 AM
 
Location: Bend Or.
1,126 posts, read 2,461,279 times
Reputation: 948
Quote:
Originally Posted by seasick View Post
An IRA or any other retirement plan is a crock compared to a pension.
Lets see, when is the last time you heard of someones Roth Ira, or 401K being cut? Or ESOP shares being taken away? Obviously you like opinions masked to look like facts.
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Old 04-29-2015, 12:05 PM
 
48,516 posts, read 84,010,700 times
Reputation: 18050
I really can not say any place I have been that is cheaper and allow a better financially cheaper retirement is on par with US or even western lifestyles. Many have some areas but once you get out of them things change dramatically. Guaranteed pension are just hard in this changing economic environment where those who have best seem to be the most threatened as to surviving. That is why if GM and Chrysler has gone bankrupt under normal terms the auto workers pensions wouldn't have been worth much.
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Old 04-29-2015, 12:22 PM
 
5,825 posts, read 13,330,271 times
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Keep in mind should you choose to live in a foreign country you do not have the same rights as you do in the US. Also, you still are required to pay US income tax as an American citizen.
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