Yes, send me all your money. I want to buy some sable slippers for my doggie.
Posted on 09/27/2016 6:25:46 PM PDT by Be Careful
In business, the 80/20 rule states that 80% of your business will come from 20% of your customers. In an economy where more than 2/3rds of the growth rate is driven by consumption, an even bigger imbalance of the “have” and “have not’s” presents a major headwind.
(Excerpt) Read more at zerohedge.com ...
And lucky us Generation X & Y’ers that are responsible enough to save for a rainy day or two that get to support them!
And lucky us Generation X & Y’ers that are responsible enough to save for a rainy day or two that get to support them!.....I HIGHLY doubt you have, or are.
Retired and a baby boomer. Avoid interest, save and work hard.
Even if you are in debt now, most like in five to seven years you can be debt free. It is not easy. Things you think you must have you must do without.
LOL!
I’ve been putting it away since I was 18. I can basically live on my dividends.
Doubt me? Big deal!
Baby boomers wrote their fate more than anybody else. They thought that big government was a great thing.
Now I am living high on the hog and life it getting better and better. A lot of this because Saint Ronnie and his IRAs and 401Ks empowered me.
I still work, but I see it as more of a hobby.
Yes, send me all your money. I want to buy some sable slippers for my doggie.
I’ve got In-Laws that need $$$ too.
Back when I was dating some blond hair dresser, one of her “must haves” was a guy who was willing to support her parents.
That was the last time I saw her.
I am one of those. I was hired full time at 64 after being under contract. Now my full time job is my retirement plan. Work 3 days a week from home and 2 on site. My salary close to 6 figures. I’m now 66 and couldn’t be happier.
I don't think so, I've been donating thousands, upon thousands of dollars of my hard earned money into Social Security since 1965, long before you were born.
I officially "semi" retire on Monday, at which time I'll begin working 3 or 4 hours a day from home because they begged me too.
I am a baby boomer and will retire at age 63 because I saved enough to do so.
I worked like a dog for 40 years and were very frugal with the intent we would not need government assistance in retirement. That’s how I was raised. Self sufficient.
But my government had other ideas for me, primarily, ObamaCare. We are unable to plan for our costs and are paying nearly 40% of our net income (pensions, social security etc) for healthcare and deductibles rather than enjoying the freedom of the “golden years”.
Congrats!
I look forward to doing the same sometime soon, if possible.
The way I look at it, when I’m done with my day job (or they get tired of me) I’ll still have a budding career as a greeter at Wally-World ;’}
Got debt free 5 years ago (never had much, home/auto/bike, zero Credit card debt) retired at 61 (for the 3rd time - Army @ 37 / State @ 60 - hoping it takes this time), loving it. Best job I never had.
Baby Boomers voted for what is going on in 2016.
They’re victims of their own stupidity and greed.
Thanks, that is kind of you.
Well I hit the big 6 Oh this year and still work full time. Its a mixed bag of blessings but if the job went bye bye I should have enough to live on. No debt mortgage paid and I saved invested. Wish I started in my 20’s I’m sorry that some morons of the BB era have no angst about the debt we are leaving the younger ones. Its a disgrace
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