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Boomer retirement could slow U.S. recovery
chicagotribune.com ^
| Aug 22 2011
Posted on 08/22/2011 3:33:07 PM PDT by KeyLargo
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To: Eaker
I homeschool, and tend to be eternally optimistic. Even the foolish get older... whether they grow up is to be determined.
41
posted on
08/22/2011 6:35:00 PM PDT
by
glock rocks
( I like Palin, but < insert PDS here >)
To: glock rocks
Yer a good man Charlie Brown!
42
posted on
08/22/2011 6:38:22 PM PDT
by
Eaker
("If someone misquotes you, it's because they know you're right.")
To: Eaker
I figured it was worth giving a shot.
We’ll see what kind of response I get... my kids carry the flame, as I’m sure do yours.
43
posted on
08/22/2011 7:20:44 PM PDT
by
glock rocks
( I like Palin, but < insert PDS here >)
To: KeyLargo
Retire as soon as you can—all of you. You’ll spend far less and have more money for having a great time (not to mention time for having a great time).
44
posted on
08/22/2011 7:27:36 PM PDT
by
familyop
("Plan? There ain't no plan!" --Pigkiller, "Beyond Thunderdome")
To: familyop
I retired and then worked another ten years in a second career that I liked. But I realized that all I was doing was paying more taxes on the more money that I made. I now enjoy life as everyday is Saturday now. And I pay less tax.
45
posted on
08/22/2011 8:07:44 PM PDT
by
KeyLargo
To: familyop
pretty much decided that when my husband hits the 62 1/2 stage, he should start collecting....I'll keep going part time til I'm there....
enough is enough...
we've done everything by the book...
saved...
paid bills off...
bought used cars....
no grandiose vacations...
for what?....for what?....
what is , is....we've tried to get rich and it just ain't happening...
46
posted on
08/22/2011 8:14:34 PM PDT
by
cherry
To: KeyLargo
it depends really on whether you have a defined pension or not....then you can weather the ups and downs of the market....
but those guarenteed pensions...especially the govt ones....it makes it all very easy to just "retire"....
47
posted on
08/22/2011 8:18:00 PM PDT
by
cherry
To: KeyLargo
Lots of boomers, including me, aren’t going to be able to retire. Our investments tanked a while back.
To: cherry
"we've done everything by the book...
saved...
paid bills off...
bought used cars....
no grandiose vacations...
for what?....for what?...."
You and your husband are being wise, IMO. Become as self-sufficient as you can. I'm in my fifties and am building (very slowly, out-of-pocket) off-grid utilities, fencing, etc., on a cheap, remote place (very sunny and windy here).
49
posted on
08/22/2011 8:37:28 PM PDT
by
familyop
("Plan? There ain't no plan!" --Pigkiller, "Beyond Thunderdome")
To: glock rocks; qam1; NormsRevenge; Jim Robinson; Eaker; humblegunner; B4Ranch; Pete-R-Bilt
I have people working around me that are already in the 80s.
Most are well off enough to retire, many quite comfortably.
I honestly don't see myself retiring simply because I'd be bored to death. Growing up I remember seeing men retire to their rocking chairs and be dead in six months.
So I will endeavor to persevere. ;)
50
posted on
08/23/2011 6:29:16 AM PDT
by
SouthTexas
(You cannot bargain with the devil, shut the government down.)
To: KeyLargo
51
posted on
08/23/2011 7:29:50 AM PDT
by
CSM
(Keeper of the "Dave Ramsey Fan" ping list. FReepmail me if you want your beeber stuned.)
To: SouthTexas
Oh man, I could be so comfy in a porch swing, with a julep in one hand, and an 870 in the other. Git offen my lawn!
52
posted on
08/23/2011 4:52:01 PM PDT
by
glock rocks
( I like Palin, but < insert PDS here >. Wait, what?)
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