Home Forums Hunting & Shooting Hunter's Campfire 5 types of retirement savers - which one are/were you?

If I retire who will feed the cows, pull calves,doctor sickun's and piss the horses off? Retirement for me is face down in the grass kick a time or two then cross the river.

#5 memtb

Haven't you posted dozens of times about how your working years sucked and the area you lived sucked too? My life is way different than yours.

If you are living off SS, doesn't that make you a freeloader too? Oh, I get it, you paid into that, sorta like how I paid into my Civil Service Pension Plan and deferred income into it. So, how does that make me a freeloader?

That's the recipe! Delay some gratification and save/invest. It pays off in the end.

High school principals and guidance counselors would put any financial planner or internet rando to shame.

Sorry if I offened you, for starters my SS can't pay for the ammo I shoot a month. I didn't mean to imply that you were a freeloader and don't believe I did. What I meant is, no one on the government tit has gone without a paycheck during the China flu hoax. We just add to the US debt to finance the American dream. Working for the government relying on the taxpayers to cover your azz doesn't seem like the American way, but a lot of folks made a career doing so. That's one of the reasons why I fully support President Trump.

Always interesting to see people's perspectives on retirement.

I fully (OK sorta ) understand those that like their jobs and where they live and have no desire to stop getting up and going to work.

Myself on the other hand, at age 57 in a another week, have started to view work as that thing that keeps me from doing things I want to do other than work and keeps us in a place that I don't really enjoy. I didn't start savings as early as I should but have made up for it the last 32 years and assuming the new administration doesn't burn the economy down I think we're going to pull the trigger next year. Too many other things to do than work.

I was a Johnny Come Lately to investing for retirement. I became especially interested in 2008/09 when the market crashed and I overheard a couple of the older associates at work talking about how their 401K's had dropped by 50%. As a military retiree, I didn't even know what was a 401k. I looked into it and found out my company had been contributing 4% of my weekly salary into my own 401k for the past 6 years and I had a total of $64K in there. I was elated, and began to order investing books off Amazon to educate myself. The self education has paid off, because it gave me a knowledge base from which to consider the advice of investors much more experienced than me. I lost many years of investing potential during my 26 years in the military, because we always managed to live above our means, which meant living in credit card and school debt, with no money left over to invest. Nevertheless, at age 49 I was hired on by an engineering and construction company in their pipeline division in 2002. I began to make much more money and eventually figured things out by the time I retired in 2018. I have been blessed beyond measure. So, the key is living below your means, if you are income limited, and invest the rest. I think Dave Ramsey explains this best in his 7 Baby Steps. Dave also recommends making more money, even if that means getting a second job delivering pizza.

None of the above. I have money put away but I don't hardly look at it. I already draw a retired military pension and in 8 years will also draw a state pension from TX. Between those 2 that gives me over $5K a month in retirement. Assuming my SS isn't squandered by Congress I will also draw that which will bring me to $6800 a month. Anything I have set aside will be play money.

Wait till my medicare kick in, I’ll get myself a 19 year old korean home health nurse and a gold wing trike.


#VarminTrike

I did very well. I found it enjoyable to track funds, make changes, and track my efforts. I have since learned my technique is call momentum trading. It does piss me off when my financial planner tells me I was lucky and I should never expect the returns I achieved.

Pics or it didnt happen

None of the above.

I'm poor. I'm saving what little I can (which will go to land purchase, not "retirement" as such). It's all I can do.