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Old 10-17-2016, 05:36 AM
 
33,046 posts, read 22,043,990 times
Reputation: 8970

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Quote:
Originally Posted by North Beach Person View Post
Aaaannnnndddd, once again it becomes about your, I emphasize your, choices over the last 30 years leavened with blaming the government for having rules controlling properties from becoming slums.

It's about government and (the loss of) property rights.

But this should hardly be a surprise, since government's property rules - which redistribute income from renters to owners - flowed naturally from an unjust Constitution imposed on landless citizens without their representation.
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Old 10-17-2016, 05:46 AM
 
Location: Colorado Springs
4,833 posts, read 4,947,484 times
Reputation: 17302
When people ask me how can they retire, I tell them:

- Pay off your house or move to a cheaper house debt free
- Pay off all other debts
- Wait at least until age 65 because without Medicare your medical expenses are unknown and could become overwhelming
- Make sure you have a secure lifetime income stream that is enough to support your lifestyle

My observation is that the ones who want to retire cannot afford to do it and the ones who can retire want to continue working.
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Old 10-17-2016, 06:53 AM
 
15,733 posts, read 9,246,087 times
Reputation: 14212
Quote:
Originally Posted by freemkt View Post
Inspired by Clint Eastwood, awareness of my limitations leads me to seek the tiny house that will allow me to enjoy a modest lifestyle in retirement, but government would rather I be a rent slave enriching some landlord than own that tiny house.
You can't afford a $200 phone. You truly believe you could afford a house, of any size?
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Old 10-17-2016, 07:16 AM
 
Location: Location: Happy Place
3,688 posts, read 1,866,292 times
Reputation: 11301
I live for the moment, on 12/29/17, where I leave my office for the last time.


I am eligible now but am working to secure the 10% "bonus" feds get for working until 62.
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Old 10-17-2016, 07:19 AM
 
1,040 posts, read 484,570 times
Reputation: 1435
Quote:
Originally Posted by Vision67 View Post
When people ask me how can they retire, I tell them:

s
- Wait at least until age 65 because without Medicare your medical expenses are unknown and could become overwhelming
- Make sure you have a secure lifetime income stream that is enough to support your lifestyle

.
But what if you can afford to purchase a health plan on your own?

no way in hell I'm working till 65....
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Old 10-17-2016, 07:22 AM
 
71,511 posts, read 71,674,131 times
Reputation: 49088
once again it isn't his fault his life ended up this way. ha ha ha you gotta be kidding us .
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Old 10-17-2016, 07:24 AM
 
71,511 posts, read 71,674,131 times
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Quote:
Originally Posted by FREE866 View Post
But what if you can afford to purchase a health plan on your own?

no way in hell I'm working till 65....
depending on your income the aca plans can be subsidized and have cost sharing on the co-pays and out of pockets. retirement requires you to be able to afford the things you need , it is a privilege for those who can afford to not work . retirement is not a right so it is best that you can afford what you need .

unfortunately being financially independent is required regardless of how much you don't want to or can't work .
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Old 10-17-2016, 07:28 AM
 
1,040 posts, read 484,570 times
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Quote:
Originally Posted by mathjak107 View Post
depending on your income the aca plans can be subsidized and have cost sharing on the co-pays and out of pockets. retirement requires you to be able to afford the things you need , it is a privilege for those who can afford to not work . retirement is not a right so it is best that you can afford what you need .

unfortunately being financially independent is required regardless of how much you don't want to or can't work .
hey math...couple things..I'm in no way betting on it,but I read part of Clintons health plan will be Medicare for 55 and above which would be great...assuming that doesn't happen I'm still budgeting 10K per year for health care per year from ages 55-65...
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Old 10-17-2016, 07:32 AM
 
71,511 posts, read 71,674,131 times
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i am not medicare age either but i am retired . i pay 6200.00 for myself on cobra with 2500 deductible and 2500 out of pocket . that is no dental , no vision .

my wife is on medicare and a supplement . we use a high deductible supplement . she runs about 4K a year but the supplement has a 2k deductible before they pay a thing. the good thing is her supplement pays for her gym through silver sneakers which by itself is 480 a year .

i will be on medicare next october
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Old 10-17-2016, 07:33 AM
 
Location: USA
6,223 posts, read 5,356,171 times
Reputation: 10636
Scary thing is many workers could end up "retired" a lot earlier than 67 if the trend to eliminate older workers continues.
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