24hourcampfire.com
24hourcampfire.com
-->
Previous Thread
Next Thread
Print Thread
Hop To
Page 1 of 6 1 2 3 4 5 6
Joined: May 2003
Posts: 13,367
Campfire Outfitter
OP Offline
Campfire Outfitter
Joined: May 2003
Posts: 13,367
Here is a very interesting observation by a conservative commentator, Stefan Molyneux, a Canadian, about the precarious situation of both individuals and governments, regarding people's retirement plans ... or non-plans.

https://www.youtube.com/watch?v=zPsSU4ibw4Y

L.W.



"Always go straight forward, and if you meet the devil, cut him in two and go between the pieces." (William Sturgis, clipper ship captain, 1830s.)
GB1

Joined: Oct 2005
Posts: 79,321
B
Campfire Oracle
Offline
Campfire Oracle
B
Joined: Oct 2005
Posts: 79,321
No,....I just married a woman who saves fer retirement.

I'll be retireing in the fuggin' Potter's field, anyway.

I can't see no reason to put a lotta effort into it.

Joined: Jan 2001
Posts: 29,851
Campfire Ranger
Offline
Campfire Ranger
Joined: Jan 2001
Posts: 29,851
Yes, and presently growth is actually ahead of my withdrawals.


1Minute
Joined: May 2003
Posts: 31,247
Campfire 'Bwana
Offline
Campfire 'Bwana
Joined: May 2003
Posts: 31,247
Did. Now enjoying the bounteous fruit of that planting.


Cleverly disguised as a responsible adult.

Joined: Jan 2010
Posts: 23,537
Campfire Ranger
Offline
Campfire Ranger
Joined: Jan 2010
Posts: 23,537
I have and currently am, but I already realize I gotta get a smaller nut before I can ever live off it

I can only imagine socking away this money for the last 20 years and the next 15 or so and then some bankers decide to get fast and loose with the rules, wreck the economy, tank my 401K and *they* get a bailout by the government.

you'll see me on the news if that happens.

Last edited by KFWA; 12/07/17.

have you paid your dues, can you moan the blues, can you bend them guitar strings
IC B2

Joined: Dec 2003
Posts: 86,196
Campfire Oracle
Online Happy
Campfire Oracle
Joined: Dec 2003
Posts: 86,196
Isn't that what social security is for?


<ducking> smile


If you take the time it takes, it takes less time.
--Pat Parelli

American by birth; Alaskan by choice.
--ironbender
Joined: May 2004
Posts: 5,199
I
Campfire Tracker
Offline
Campfire Tracker
I
Joined: May 2004
Posts: 5,199
I am saving for my retirement . Thiis year has been good , fingers crossed. There was a time I had a finance manager, he sucked , went to another one , he sucked , went to another one and he was a crook. I do it myself now with stocks, ETF's and a bit of S&P 500 mutual funds.


But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
Joined: Nov 2002
Posts: 33,709
E
EdM Offline
Campfire 'Bwana
Offline
Campfire 'Bwana
E
Joined: Nov 2002
Posts: 33,709
Yep and enjoying every minute of it.


Conduct is the best proof of character.
Joined: Jul 2005
Posts: 1,785
Campfire Regular
Offline
Campfire Regular
Joined: Jul 2005
Posts: 1,785
Yes, although I had to start over due to a greedy ex and her lawyer. It's ok, I got the house, the kids, and the best wife ever. She ended up with an old lesbian, a car with a bad transaxle, no career, and a lot of bitterness. Now headed in the right direction, several revenue streams in play, and three retirement plans waiting. I am blessed.


"I didn't realize we had so many snipers in this country." by J23
Joined: Jan 2010
Posts: 15,360
Campfire Ranger
Offline
Campfire Ranger
Joined: Jan 2010
Posts: 15,360
I'll be at Walmart... Can I get ya a buggei ?


I work harder than a ugly stripper....
IC B3

Joined: Mar 2009
Posts: 24,616
Campfire Ranger
Offline
Campfire Ranger
Joined: Mar 2009
Posts: 24,616
If I "retire" in bankruptcy, I win.
Sorry.
Who's with me?


Have Dog

Will Travel

Joined: Jan 2009
Posts: 23,319
Campfire Ranger
Offline
Campfire Ranger
Joined: Jan 2009
Posts: 23,319
I got a very late start. After a 26 year career in the military, where I lived pay check to paycheck, I still managed to build $50,000 in student loans and credit card debt. Fifteen years ago I eventually found Dave Ramsey, and a job that paid enough to get me out of debt, and fully fund a 401K, and two ROTH IRAs, plus a joint brokerage account.

If I had it to do over again, I would follow Dave's financial philosophy from the very beginning and never borrow money to buy anything except a house (which appreciates in value.)

Dave Ramsey's 7 Baby Steps


"All that the South has ever desired was that the Union, as established by our forefathers, should be preserved, and that the government, as originally organized, should be administered in purity and truth." – Robert E. Lee
Joined: Jan 2002
Posts: 12,850
Campfire Outfitter
Offline
Campfire Outfitter
Joined: Jan 2002
Posts: 12,850
I'm done.

But I'm having too much fun to quit.


Sic Semper Tyrannis
Joined: Feb 2010
Posts: 1,571
T
Campfire Regular
Offline
Campfire Regular
T
Joined: Feb 2010
Posts: 1,571

Back when IRAs first were offered, a very astute Friend convinced me to look into them which led to an old Friend of the family who was a broker for Edward Jones who in turn advised me on investing. That's where it started for me. At the end of this month I'll have been retired for 5 years and if I had not invested I would most likely be looking at working for 4 more years and not looking toward nearly as sweet of retirement years.


molɔ̀ːn labé skýla
Joined: Feb 2009
Posts: 16,236
A
add Offline
Campfire Ranger
Offline
Campfire Ranger
A
Joined: Feb 2009
Posts: 16,236
Originally Posted by 3584ELK
She ended up with an old lesbian, a car with a bad transaxle, no career, and a lot of bitterness.


Now that is a divorce lawyer worth their salt.


Epstein didn't kill himself.

"Play Cinnamon Girl you Sonuvabitch!"

Biden didn't win the election.
Joined: Oct 2005
Posts: 79,321
B
Campfire Oracle
Offline
Campfire Oracle
B
Joined: Oct 2005
Posts: 79,321
I've got a one ounce Gold eagle in the sock drawer to pay the medically assisted suicide doctor.

That's my retirement plan.

Joined: Jan 2010
Posts: 23,537
Campfire Ranger
Offline
Campfire Ranger
Joined: Jan 2010
Posts: 23,537
my FIL's retirement plan was to marry an Asian nurse 24 years younger than him.

That man had life figured out.


have you paid your dues, can you moan the blues, can you bend them guitar strings
Joined: May 2016
Posts: 60,364
J
Campfire Kahuna
Offline
Campfire Kahuna
J
Joined: May 2016
Posts: 60,364
Yep. Every year we build equity in the place.


I am MAGA.
Joined: Aug 2003
Posts: 17,491
Campfire Ranger
Offline
Campfire Ranger
Joined: Aug 2003
Posts: 17,491
Originally Posted by ironbender
Isn't that what social security is for?





Hey, don't be funnin' about that. Yer Social Security owns a significant portion of the National Debt. (That's supposed to be a good thing since it keeps China and Japan from owning so much of us...uh, US.) It's a money laundering scheme of sorts IMV. smile


Sometimes, the air you 'let in'matters less than the air you 'let out'.
Joined: Feb 2007
Posts: 11,768
D
Campfire Outfitter
Offline
Campfire Outfitter
D
Joined: Feb 2007
Posts: 11,768
Originally Posted by RockyRaab
Did. Now enjoying the bounteous fruit of that planting.



Saved all I could for 30 plus years. Then retired at 61 yo. Have no money worries.


NRA Patron
Page 1 of 6 1 2 3 4 5 6

Moderated by  RickBin 

Link Copied to Clipboard
AX24

248 members (264mag, 1_deuce, 204guy, 260Remguy, 30 invisible), 1,942 guests, and 1,135 robots.
Key: Admin, Global Mod, Mod
Forum Statistics
Forums81
Topics1,191,755
Posts18,476,352
Members73,942
Most Online11,491
Jul 7th, 2023


 


Fish & Game Departments | Solunar Tables | Mission Statement | Privacy Policy | Contact Us | DMCA
Hunting | Fishing | Camping | Backpacking | Reloading | Campfire Forums | Gear Shop
Copyright © 2000-2024 24hourcampfire.com, Inc. All Rights Reserved.



Powered by UBB.threads™ PHP Forum Software 7.7.5
(Release build 20201027)
Responsive Width:

PHP: 7.3.33 Page Time: 0.142s Queries: 15 (0.004s) Memory: 0.8963 MB (Peak: 1.0454 MB) Data Comp: Zlib Server Time: 2024-04-29 05:24:42 UTC
Valid HTML 5 and Valid CSS