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)
 
Old 08-04-2019, 05:19 PM
 
Location: Prepperland
13,816 posts, read 9,924,659 times
Reputation: 9950

Advertisements

Post SHTF:
2.5 acres, partly cultivated
Large autonomous house, with 2-4 tenants / field hands
Good water
Aquaponics
Chickens, ducks, geese
Easily defended (within a fortified village?)
Reply With Quote Quick reply to this message

 
Old 08-04-2019, 10:42 PM
 
8,059 posts, read 5,124,934 times
Reputation: 13771
Quote:
Originally Posted by TuborgP View Post
Our wives want to keep us upright and happy ...
Double entendre?

Quote:
Originally Posted by mlb View Post
ďRich?Ē...... My left buttcheek.
Lost during the siege of Azov?

Quote:
Originally Posted by Larry Caldwell View Post
As long as you retire with food, shelter, medical, clothing, transportation, and a few bucks walking around money, that's all you really need. Anything past that is gravy.
And yet, is it not emphatically the case, that it's precisely the pursuit of "gravy", that motivates us and dominates our lives?
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 02:13 AM
 
72,689 posts, read 72,534,115 times
Reputation: 50232
Quote:
Originally Posted by ohio_peasant View Post
Double entendre?



Lost during the siege of Azov?



And yet, is it not emphatically the case, that it's precisely the pursuit of "gravy", that motivates us and dominates our lives?
yep , i agree ... our budget for "LIVING LIFE " and enjoying ourselves , pursing all the things we would like to do is as big as our non discretionary budget ....
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 02:14 AM
 
72,689 posts, read 72,534,115 times
Reputation: 50232
Quote:
Originally Posted by jet757f View Post
You mean 401k in mutual funds?

I'm not even sure what I do with that when I retire. I guess IRA which would still be mutual funds.
either stock funds or a diversified portfolio of stocks . otherwise the 4% draw rate is not a " safe withdrawal rate " ...there are conditions that must be met first.

an ira is a tax status not an investment itself ... an ira can be in a money market , stocks , bonds , etc .... it depends on what you put it in ... being an ira only means what you put it in has a certain tax status ...

from the sounds of it , you seem to need some learnin to do on this stuff
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 02:44 AM
 
Location: Orange County/Las Vegas
1,689 posts, read 1,886,537 times
Reputation: 1411
Quote:
Originally Posted by mathjak107 View Post
either stock funds or a diversified portfolio of stocks . otherwise the 4% draw rate is not a " safe withdrawal rate " ...there are conditions that must be met first.

an ira is a tax status not an investment itself ... an ira can be in a money market , stocks , bonds , etc .... it depends on what you put it in ... being an ira only means what you put it in has a certain tax status ...

from the sounds of it , you seem to need some learnin to do on this stuff
You are right. I need to find a financial adviser maybe with Fidelity.
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 07:11 AM
 
Location: SoCal
13,817 posts, read 6,572,311 times
Reputation: 10391
I’m surprise people underestimate gravy or claiming they don’t want gravy, in my household especially during Thanksgiving, it’s all they want, and lots of it.
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 09:57 AM
 
29,979 posts, read 35,062,916 times
Reputation: 11866
Quote:
Originally Posted by NewbieHere View Post
Iím surprise people underestimate gravy or claiming they donít want gravy, in my household especially during Thanksgiving, itís all they want, and lots of it.
My goal has been a trains worth.
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 10:02 AM
 
29,979 posts, read 35,062,916 times
Reputation: 11866
Quote:
Originally Posted by ChessieMom View Post
LOL! No kidding. I'm not even anywhere near the COL of NYC, but 3600 a month and I would never retire!
This has convinced me that there is a major gulf in retirement incomes in here. Retirees with pension and SS may be saving/investing that much a month.
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 10:33 AM
mlb
 
Location: North Monterey County
3,275 posts, read 2,900,310 times
Reputation: 5028
Quote:
Originally Posted by TuborgP View Post
This has convinced me that there is a major gulf in retirement incomes in here. Retirees with pension and SS may be saving/investing that much a month.
My pension is $2500 a month. Just MY SS is going to be $1048 - because my last employer did not pay into SS. So...$3648. This is before my husbandís SS.

Right now, aside from all the money we are bleeding from new house renowing, we are meeting all recurring expenses with that amount.

We have a lot of gravy to catch us if we fall. I attribute that to living below our means FOREVER.
Reply With Quote Quick reply to this message
 
Old 08-05-2019, 10:45 AM
 
29,979 posts, read 35,062,916 times
Reputation: 11866
Quote:
Originally Posted by mlb View Post
My pension is $2500 a month. Just MY SS is going to be $1048 - because my last employer did not pay into SS. So...$3648. This is before my husbandís SS.

Right now, aside from all the money we are bleeding from new house renowing, we are meeting all recurring expenses with that amount.

We have a lot of gravy to catch us if we fall. I attribute that to living below our means FOREVER.
To be specific we save/invest that much a month right now.
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

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