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Old 02-14-2017, 03:12 AM
 
5,424 posts, read 3,440,673 times
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You know how the years can fly by so very quickly? I suddenly realized yesterday that I'm 69, have been retired 7 years, and contrary to hopeful wishes, I may not have all that long left on earth. I see so many people dying at 76 and 78. So I could have only 7 or 8 years left.

Or if I'm lucky and live to 80, I could have 10 or 11 years left. If I'm super lucky and live to 85, I have 15 years left.

So suddenly yesterday, I realized I can actually be spending more money. I've been frugal for 7 years, but now I think I should dip into IRA monies without worry! It's the old often life-long, but definitely in retirement, balance between saving and spending, and not knowing one's life span. And for those of us without children, leaving money to heirs is not a consideration.

Many of you are successful and avid financial planners of your own monies - are there others who similarly suddenly realized you're older than you realized, do not have all that much time left on earth, and rearranged your thoughts and actions?

It's not that I haven't thought about my life span - it actually crosses my mind most every day....
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Old 02-14-2017, 07:02 AM
 
676 posts, read 333,329 times
Reputation: 1221
Quote:
Originally Posted by Clemencia53 View Post
56 will be 57 on 5 months
We're pretty close. I'll be 57 in 2 months.
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Old 02-19-2017, 09:47 AM
 
3,801 posts, read 2,012,496 times
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55 to me is still very young!
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Old 05-18-2017, 05:31 PM
 
Location: USA
215 posts, read 69,928 times
Reputation: 898
55 is solid middle age. Not even close to ancient, although at 56, there's a few members of my family who think I was born in the Stone Age...
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Old 05-18-2017, 08:26 PM
 
Location: State of Transition
78,525 posts, read 70,430,585 times
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Quote:
Originally Posted by ozarknation View Post
I ask this question, because I am 55 y/o and now I have discounts at many places, that advertise "discount for elderly people", such as McDonalds, Long John Silvers, etc. And just today, I found some apartments for rent, for "elderly" people and the minimum age is 55 y/o.
Kind of weird. I always thought 65 y/o and older is elderly.
I agree, it's weird. Most geezer discounts are for 60+, many start at 65. Even then, all most offer is 10% off--big whoop.
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Old 05-18-2017, 08:30 PM
 
Location: Tennessee
23,541 posts, read 17,525,434 times
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Quote:
Originally Posted by TheOldPuss View Post
55 is solid middle age. Not even close to ancient, although at 56, there's a few members of my family who think I was born in the Stone Age...
You can have "young" 70 year olds still vital, doing fairly vigorous physical activity, and "old" fiftysomethings. My mother fell in 2007 at 50, breaking both feet. Her obesity has worsened and she's gradually gotten less and less mobile, and is now basically incapable of even going grocery shopping by herself. At 59, she seems elderly. Dad is the same age, but is in much better shape and seems middle aged.
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Old 05-19-2017, 06:57 AM
 
Location: USA
6,223 posts, read 5,353,584 times
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Quote:
Originally Posted by Serious Conversation View Post
You can have "young" 70 year olds still vital, doing fairly vigorous physical activity, and "old" fiftysomethings. My mother fell in 2007 at 50, breaking both feet. Her obesity has worsened and she's gradually gotten less and less mobile, and is now basically incapable of even going grocery shopping by herself. At 59, she seems elderly. Dad is the same age, but is in much better shape and seems middle aged.

Genetics play a part, but taking care of yourself and staying fit really helps. I know a lot of 70 and 80 year olds still doing vigorous activity whether it's work or even running and lifting weights.

Being obese really takes it's toll especially as you get older.
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Old 05-25-2017, 04:37 PM
 
10,604 posts, read 14,188,225 times
Reputation: 17199
Four pages and I hope SOMEONE said that age 55 is the FEDERAL GOVERNMENT age for "Senior" class which, among other things allows age restricted actions (like HOAs)....while protecting the people from complaints about age discrimination.

Just like a discount.

How do you think the stores get away with senior discounts and all the younger people can't sue?
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