people retiring young and healthy

Too bad it's totally unsustainable.

It is not sustainable for the majority.

to quote old alan

we can gurantee checks as long as you like , we can not gurantee purchasing power.

the dobbles will not grasp that concept till the entire pension check will not buy them a bag of groceries )

Okay, I get that. Heady stuff, that. But still, that is based on stealing from those who retire.

UMMM


YEAH!!

alan said it around 25 years ago in regards too social security , think on that one .
When settling down people are going too take a serious look at future state/local pension obligations. So what happens when people choose to not move someplace or move far away from places with unsustainable pension obligations ?

In my state pensions have service and age requirements, I think its 62..

In my 25-26 years of work, never been out of work, only a few weeks in all that time. I have had hard physical jobs, 2 years french polisher/piano restorer, humping pianos about all day and repetative french polishing, puts strain on your arms. About 13 years as a cleaner, cleaning is one of the most back breaking jobs, if you do it right, and take pride in it. That buggered all my joints up, got arthritis already, I am 43. Had to pack in cleaning, my body could not do it any more. So for the last 9 years I have been a care assistant, but my body is just getting more buggered by the day, in agony with all my joints, but I soldier on, doing things that murder me, but have to because I have to earn a living. I for one will not kill myself for the next 20+ years till the age of retirement. I intend to have some sort of accident with a garden implement or something, put myself on disability. It is either that, or by the time I am due retirement, I will be that knackered, ill and unfit, to appreciate it. P.S. all my family have arthritis, osteo etc, it runs in the family, and most have popped it in the 70's.

I plan on an early retirement. I want some time to enjoy what's left of my life, before the inevitable end.

Wife and I retired at 55. We both worked for Private companies and not public servants.

i cant wait to reach 50 and retire, job is fucking boring but i need the damn money. i'll retire and go live in Thailand.

That's fucked up. Here the retirement age is 68, but soon it will be raised to 70 since the average lifespan has increased. Unless you've got a serious physical/mental problem, you should not be allowed to retire at 50.

Public employees should not be able to collect pensions until 65. And the double dipping should be ended. it won't ever happen, the political system is rigged to keep it going. vote buying at its worst.

Then they would never leave , last year over 400000 federal employees retired with a baseline average of 40 years of seat farting , paper shuffling and residuating.

once you learn to do it yourself,

the doors begin to open up. we just have to

use our brains and problem solve and once that

becomes a learned behavior the money floweth!

Try doing some yoga. "Light on yoga" by BKS Iyengar is a great book. It has a five year plan that you can do from home.

A friend of mine got turned down for a job because he's over 35.

He's 38.

If you're washed up at 35, watcha gonna do?

The tradeoff in years past was security vs money. You could work for GM and make more money than being a cop, fireman, teacher and you didn't need a college degree(teachers). the other side was the govt. employees didn't get layed off, had good bennies and a retirement. No IRAs, 401k etc. Then the govt. folks decided they wanted more and more and they wanted the higher private sector salary and the govt. sector bennies and no one said no. Is it wrong ? When the economy is humming along and things are going great these benefits can be paid for with tax increases on workers growing salary and goes little noticed. When the economy turns south and less workers salaries to tax, you must tax the still working who make have had salary cuts and now you must tax them higher on a smaller income. Or you cut the benefits to the current govt workers and retirees. No one seems willing to accept either so of course it's wrong.

I've spent many years looking for jobs. It's absolutely soul crushing when you actually go out looking for jobs, putting in dozen or more jobs that are actually hiring and they make it clear that their standards are pretty low and you don't even get a job interview even when you call almost every day to let them know that you're still available. I've even been threatened at least twice by potential employers to have the cops called on me for doing just that. Life's a living hell. It will NEVER get any better for the vast majority of us. Life will only worsen daily for the vast majority of us. It's sad but true. I've been trying to figure out for the last year or so if it's really a hidden blessing for me to confirm being disabled or if it's really just more hellish bullshit piled onto my already dismal life. I haven't the slightest idea that there are lots of people in the same boat, but different row or even the same row as me. Seeing as this country's close to imploding and whatever horrible bullshit, I say we ought to try to enjoy ourselves while making preparations for the inevitable. There's no point in trying to strive for a good happy life in a country where even the cops will hunt you down specifically for trying to be a good slave, and destroy you and your family. Protect, and love those who you want and care for. For many of us have noone nor nothing else else that really matters because of what TPTB have done to us one way or another.

I could retire right now at 40 but I'd have to live frugal. I don't work for the gov. And I won't get a pension. Purely investment and savings.

Smart people do not go into debt. It's funny how many fools piss their money away then bitch and moan how they're broke. Duh.

I never had tv. Rarely ate out. Drank on a budget. Distiller my own vodka. Etc. Gotta be smart. By 50 I'll easily be able to retire. Bought GOOD used cars. Retards splurge on new cars and huge ass homes. Usually women's decisions keep a man from retiring early.
Women have no understanding of money. Just selfish greed.

I am going to Korea. Will be checking Thailand out as well. Also Malaysia.

Definitely retiring outside of the states.

Yea I do not worry about maintaining a standard of living, but rather plan to live within whatever budget I find myself in.

I think you are right about women.

I should have listened to my grandma.




A fool and his money soon parts...

Fuck you guys. You shouldn't get to retire for shit until our country is fixed and my generation is promised the social security we are currently funding by working.

I hate the baby boomer generation, you killed planet earth.

The more smarter people there are , the faster the happy meal /happy ending economy goes down the ass sausage hole. 78 % of the economy is retail/service.

Right there with ya though
No car payment for 20 years , same toyota I drove off the lot used with 80 k on it in late 96.
Make my own laundry detergent , never had cable , bought a fixer upper with arable land cash , never bought a trash bag or toilet paper in years , Solar powered everything . Life is good

The morons don't seem to get that a huge slice of "income" I have is simply not taxable , minimal consumption = minimal taxes.

I have arthritis, most my joints are affected, I have cervical spondylosis of the neck joints, and you want me to do this [link to www.google.com (secure)]

Even though my job is a bummer on my body, I class that as my exercise of sorts. God, I would end up in A&E doing those yoga positions.

Yes!

I also have a massive garden that replenishes itself. I hardly ever buy produce. And I'm skinny cause I don't eat poison bought from a store.

The reality of pretty much every human in every country on Earth.. Couldn't be more right about waiting too long.. In America most die in their early 60s so all is lost for the individual..