Posted on 10/04/2022 7:22:29 PM PDT by nickcarraway
One year into the pandemic lockdown, I retired from my job of 14 years as program coordinator and academic adviser at the University of New Mexico’s School of Engineering. I loved the work I did, but it was time to move on. I was in my early 60s, and being old enough to retire suddenly made that option more appealing. Finances would be a little tight for a while, but some outside projects would supplement my income, so I felt confident I would be able to handle it.
But by the end of the second year of lockdown, inflation started taking a toll and money was getting uncomfortably tight. Soon I was in the red each month, just trying to keep up. The usual suspects were groceries and gas, which meant cutting back on some of the more expensive food items and cooking meals at home.
I stopped driving for anything other than essentials. And with the continuing drought here in the Southwest, utility bills went through the ceiling. I cut back on watering my garden and turned the furnace down a few degrees in the winter and the air conditioning up a few in the summer. I switched to washing clothes mostly in cold water and only running the dishwasher once a week.
I also take care of my elderly mother, who lives alone, and we are both on fixed incomes. My freelance projects slowed down during lockdown, so my income did, too. The COLA (cost of living adjustment) for our Social Security benefits was very welcome, but it certainly didn’t cover price increases elsewhere.
(Excerpt) Read more at cnn.com ...
If she collected cans for recycling she could feel good about being broke and saving the environment
👍👍🙂
“But being stupid is like being dead, you don’t know it, and you’re just a problem for everyone else.”
Actually if you are stupid and dead you are no longer a problem.
She just needs to install some solar panels and buy an electric car.
A flat period in the market causes sequence of return risk in a retirement planning scenario. A bad start of returns at the beginning of retirement can cause a huge difference in how long one’s money lasts.
That’s because there is no competition from 20 year olds.
You stand head and shoulders above probably 95% of them these days.
Nor will you.
You still haven’t woken up to the fact that democrats lie about everything.
Enjoy your delusions.
[I’ve been very pleased with the legislation Congress has passed, such as the Inflation Reduction Act, because I know it will help our economy in the long run …]
My goodness. There really are people THAT stupid?
Wait, don’t answer that.
She heard the “name” on CNN and MSNBC and believed that’s what it really was.
Good gosh.
It’s scary that there are people as stupid as the author. I mean, seriously - she obviously doesn’t know about that “legislation” and what it really is.
[She obviously learned nothing from the so-called “Affordable Care Act.”]
Yeah, obviously.
I just can’t believe these people.
Gee, I wonder if we can figure out some correlation, or causation.
Not just Joe, Dems and Republicans alike during the last 40 years or irresponsible spending, exploding health care costs, ZIRP polices by The Fed, and a misguided foreign policy by idiots trying to spread Democracy.
What’s even scarier is she’s this stupid and was “program coordinator and academic adviser at the University of New Mexico’s School of Engineering”.
Bravo!
Regards,
This is like touting a drink as an "Elixir of Immortality" because you are administering it to a group of people who never die (because you quietly "retire" the oldsters and replace them with youngsters).
The graph you presented is a classic example of "Survivorship Bias."
Regards,
Dear heavens......
I have an aunt and uncle in New Mexico. Uncle is a very smart guy.........and, full-blown liberal, apparently.
My aunt was singing the praises of MSNBC or CNN when I last spoke with her, about 9 years ago.
I was speechless.
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