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Thread: Retirement

  1. #1
    The Lemon Drop Kid Northern Star's Avatar
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    Retirement

    Will you ever retire? Around what age? Will you have enough money set aside?

    This is something that haunts me. I have a 401k but I am worried that even if I retire at 70, I could still live another 20 years, constantly worrying about not having enough to live on. By that time, I expect modern medicine will have us living until 120.
    Priorities:
    1. Yankees lose
    2. Red Sox win

    Quote Originally Posted by joeycaps View Post
    So shut up because you have no idea on what you say on anything as evidence of some of your ridiculous posts.

  2. #2
    King of TalkSox a700hitter's Avatar
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    Quote Originally Posted by Northern Star View Post
    Will you ever retire? Around what age? Will you have enough money set aside?

    This is something that haunts me. I have a 401k but I am worried that even if I retire at 70, I could still live another 20 years, constantly worrying about not having enough to live on. By that time, I expect modern medicine will have us living until 120.
    I am retired, and I look at the glass as half-full. If I have the privilege to live to age 90 or beyond, I will just have to figure out a way to get by.
    The King of TalkSox has Spoken.

    Quote Originally Posted by a700hitter View Post
    Chaim, you are in the big leagues now. Drawing 10,000 fans a game is not going to cut it, and people don’t buy tickets to Fenway to talk about the Farm

    Quote Originally Posted by a700hitter View Post
    Unlike hot streaks and clutch, the “Cliff” is a myth. It can’t be defined, and it’s future existence cannot be proved.

  3. #3
    Deity moonslav59's Avatar
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    My goal in life was to retire at age 40.

    I was on pace to make it, but a second marriage set me back 9 years.

    I'm retired now, but volunteer 4-5 days a week at a 100% eco dis middle school.

  4. #4
    Deity Bellhorn04's Avatar
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    I'm almost 63 and I can't afford to retire. I do work shorter hours now though.

  5. #5
    TalkSox Godhead mvp 78's Avatar
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    I'm an accountant. I'm going to die in this chair (well, one very similar to it anyway).
    Quote Originally Posted by Kimmi View Post
    <<< Most normal poster on Talksox

  6. #6
    Deity Bellhorn04's Avatar
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    Quote Originally Posted by mvp 78 View Post
    I'm an accountant. I'm going to die in this chair (well, one very similar to it anyway).
    You and me both. I work with my brother, and he just turned 70!

  7. #7
    TalkSox Godhead mvp 78's Avatar
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    Quote Originally Posted by Bellhorn04 View Post
    You and me both. I work with my brother, and he just turned 70!
    70 is prime accounting age.
    Quote Originally Posted by Kimmi View Post
    <<< Most normal poster on Talksox

  8. #8
    Deity
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    After reviewing my financial situation both present and future, I have discovered that I can officially retire and live comfortably shortly before my 145th birthday...

  9. #9
    Deity
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    Quote Originally Posted by Bellhorn04 View Post
    I'm almost 63 and I can't afford to retire. I do work shorter hours now though.

    No benefit to retiring in Canada?

  10. #10
    Deity Bellhorn04's Avatar
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    Quote Originally Posted by notin View Post
    No benefit to retiring in Canada?
    Such as?

  11. #11
    King of TalkSox a700hitter's Avatar
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    Quote Originally Posted by mvp 78 View Post
    70 is prime accounting age.
    I got awful news yesterday that someone that I hired in 1993 who was being excessed for cost cutting measures after 25 years died suddenly on Thursday after being terminated on Monday. You can't buy time. I'd rather run out of money.
    The King of TalkSox has Spoken.

    Quote Originally Posted by a700hitter View Post
    Chaim, you are in the big leagues now. Drawing 10,000 fans a game is not going to cut it, and people don’t buy tickets to Fenway to talk about the Farm

    Quote Originally Posted by a700hitter View Post
    Unlike hot streaks and clutch, the “Cliff” is a myth. It can’t be defined, and it’s future existence cannot be proved.

  12. #12
    Deity Bellhorn04's Avatar
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    Quote Originally Posted by a700hitter View Post
    I got awful news yesterday that someone that I hired in 1993 who was being excessed for cost cutting measures after 25 years died suddenly on Thursday after being terminated on Monday. You can't buy time. I'd rather run out of money.
    'Died suddenly' is always an ominous description, too.

  13. #13
    Quote Originally Posted by moonslav59 View Post
    My goal in life was to retire at age 40.

    I was on pace to make it, but a second marriage set me back 9 years.

    I'm retired now, but volunteer 4-5 days a week at a 100% eco dis middle school.
    My goal was to retire at 62. I was on pace to make it, but my divorce set me back god only knows how long.

  14. #14
    Legend
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    Quote Originally Posted by a700hitter View Post
    I got awful news yesterday that someone that I hired in 1993 who was being excessed for cost cutting measures after 25 years died suddenly on Thursday after being terminated on Monday. You can't buy time. I'd rather run out of money.
    Your philosophy is one I agree with. I retired at 56 but continued to coach for another 10. I enjoy retirement but it would be dishonest of me not to say that sometimes I wish that I had kept going for a few more. When the injuries started at the age of 60, the life I had planned kind of got a little restricted. The bigger message from me would be, stay occupied some how and keep moving.

  15. #15
    All-Star bkzwhitestrican's Avatar
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    Buy bitcoin, retire early!

    But until that fortune comes to fruition, I'm also an accounting meatbag.

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