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Old 04-04-2016, 09:58 AM
 
Location: NC Piedmont
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I gave one of my Cary neighbors a self guided tour he didn't care for one day. He was complaining about traffic getting into downtown Raleigh to one of the government buildings (which I think isn't really that bad compared to larger cities but that's another story). He was taking the S Saunders exit, so I told him to go on to Hammond. It did get him downtown quicker but he said he feared for his life (very over dramatic IMO). It surprises me how many people don't know what the eastern corridor of downtown is like. Mostly it is just people with less money. Durham has some spooky parts; I took a wrong turn leaving the DBAP one night and wound up at a checkpoint. One of the cops insisted I follow him and escorted me back to the freeway.
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Old 04-04-2016, 12:26 PM
 
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What helped my a lot understanding what costs I might have in retirement was being responsible for an elderly aunt's finances and then my mom's. The aunt was a domestic all her working life. Actually more like governess-major doom type, in that she ran the household for wealthy families..staying with most for 10-15 years at a time, watching the kids or being hired to take care of elderly mom and dad, then when one died she'd stay on until the other did. Then she'd move on to a new family.

Mom was a teacher in a major city. Both worked until they were about 80. Mom did take an early retirement offer at about 57, but dis per diem substitute teaching until she was 80.

They both grew up rural poor in the south during the depression. So they squeezed a dime until it hurt, were always frugal, and NEVER wanted the latest gadgets or clothing, Just wasn't in them to care about things like that.

Neither one had ever saved more than 200K, when they retired. The aunt lived off Soc Sec. and savings. Mom also had a pension. They took a couple of inexpensive trips a year (say 500-1K each trip), had the medical co-pays, and managed to live the kind of retirement they were happy enough with. I will have much more than they. And although my retirement is still about 10 years away -- and Lord knows how global and domestic policies and situations will have changed by then….I'm still just not worried about it.

I'm saving some for later and spending some for life now. I'll have what I have and deal with it. I'm fairly confident I'll be OK. If I have to make adjustments, I will. I'm researching retirement NOW, so I'm prepared (as one can be for that).

We happen to be a family blessed with strong faith -- which for us -- has helped. We just don't care about a lot of material things. It always helps you to save money…when you're not interested in spending it on much. As one person pointed out some people have more than others. That's life. And it's only going to be but so "even" in distribution of talent, money, smarts, energy, good health, etc. Some people get dealt bad hands. That's just the truth of it.

It's not rocket science to know that one should try to make as much money as one can, and SAVE as much of that as one can. And that the more you have there better position you'll be in. Duh!

The complications can start with we as humans try to make up for a person's bad hand, or even their own lack of common sense….by figuring out …"how can we help them." And for many that means taking from those who HAVE, to give to those who DON'T. And that's never going to sit but so well …..with the "haves" And those of us in the middle get squeezed…which is WHY ...one should try to make as much money as one can, and SAVE as much of that as one can…so the better position you can be in.
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