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Mosbonian 08-31-2024 08:56 AM

Quote:

Originally Posted by Rain Man (Post 17655113)
I'm retired as of today. If you throw your ball into my yard, I'm keeping it.

Congratulations on the retirement Rain Man....

One suggestion on the soon to be large collection of footballs, baseballs, softballs and soccer balls that you will accumulate....

Play It Again Sports....you might find it to be a retirement benefit supplement.

LMAO

BigRedChief 08-31-2024 08:57 AM

Quote:

Originally Posted by tmax63 (Post 17655499)
Congrats and good luck. I think we met once when you threw a draft party 15 or 20 years ago. I retired early at my minimum SS age because it's set-up so that if you wait, you don't break even unless you live to your 80's. Depending on your lifestyle and genetics and our countries long-term economic outlook, I decided to get started getting the money I'd paid in sooner rather than later.

I’m pulling out all my 401K money out of the stock market. Going to just put it in FDIC CD’s. No gambling for me from now on. If the $ collapses, we and the whole world are ****ed.

CD’s I can always get to. We stagger them so if we have an emergency we can pull that money out without losing the interest money.

Mosbonian 08-31-2024 08:59 AM

Quote:

Originally Posted by BigRedChief (Post 17655554)
I’m pulling out all my 401K money out of the stock market. Going to just put it in FDIC CD’s. No gambling for me from now on. If the $ collapses, we and the whole world are ****ed.

People think you can't play it safe with your money once you retire....that all depends on how you wish to live in retirement.

If you want to be John and Janie Jetset then you will need a treasure trove of money....

If you want to just live a comfortable lifestyle and enjoy your years, conservative mindsets work very well.

BigRedChief 08-31-2024 09:07 AM

Quote:

Originally Posted by Mosbonian (Post 17655557)
People think you can't play it safe with your money once you retire....that all depends on how you wish to live in retirement.

If you want to be John and Janie Jetset then you will need a treasure trove of money....

If you want to just live a comfortable lifestyle and enjoy your years, conservative mindsets work very well.

yeah I retired earlier than planned so we didn’t have the nest egg we wanted to have but we have enough money for a comfortable retirement. .

I traveled around the world from 18-25 years old. Pretty much everywhere but Russia/China and South America. So I don’t feel the need to travel like that again.

Mosbonian 08-31-2024 09:53 AM

Quote:

Originally Posted by BigRedChief (Post 17655568)
yeah I retired earlier than planned so we didn’t have the nest egg we wanted to have but we have enough money for a comfortable retirement. .

I traveled around the world from 18-25 years old. Pretty much everywhere but Russia/China and South America. So I don’t feel the need to travel like that again.

I was in Accounting for business and I still traveled so much while working that I have no desire to fly all over the world (much less the US) these days.

Florida is a great place to retire to...plenty of things within traveling distance to see in Georgia, Alabama, NC SC and if I am in the mood, TN.

One the occasion I want to hop on a plane it will only be to see my daughter and son in law.

BigRedChief 08-31-2024 10:21 AM

Quote:

Originally Posted by Mosbonian (Post 17655593)
I was in Accounting for business and I still traveled so much while working that I have no desire to fly all over the world (much less the US) these days.

Florida is a great place to retire to...plenty of things within traveling distance to see in Georgia, Alabama, NC SC and if I am in the mood, TN.

One the occasion I want to hop on a plane it will only be to see my daughter and son in law.

People come from all over the world just to spend a few days here in our hometowns. I live here. Thats pretty cool.

I have 30 palm trees in my yard. Huge swimming pool and inground jacuzzi. 10K boat dock(but, currently have no boat). Even though I don't have a million in cash I'm supposed to have at retirement, I already live in a vacation spot. Absolutely no desire to go off globe trotting. I'll probably travel in the USA. I think I'd like to take one of those scenic trains through the Rockies or maybe one of those Canadian rail trips.

Mosbonian 08-31-2024 10:43 AM

Quote:

Originally Posted by BigRedChief (Post 17655602)
People come from all over the world just to spend a few days here in our hometowns. I live here. Thats pretty cool.

I have 30 palm trees in my yard. Huge swimming pool and inground jacuzzi. 10K boat dock(but, currently have no boat). Even though I don't have a million in cash I'm supposed to have at retirement, I already live in a vacation spot. Absolutely no desire to go off globe trotting. I'll probably travel in the USA. I think I'd like to take one of those scenic trains through the Rockies or maybe one of those Canadian rail trips.

You are right....one of the things I would probably get on a plane to travel to is to take a train trip thru the Rockies....or the Canadian version.

Plus....I do have the desire to take 2 weeks to spend in Washington DC to do all of the Smithsonian's.

So I amend my thoughts to this....I live in a beautiful state. I have friends and family who come visit me because I live close enough to the beach that it is an attraction that brings them here. There are a few places I will go as a retirement travel desire, but for the most part....I am home. :)

Chief Pote 08-31-2024 11:39 AM

Quote:

Originally Posted by Rain Man (Post 17655113)
I'm retired as of today. If you throw your ball into my yard, I'm keeping it.

Congrats Rainman. I'm sure your wife set up a threesome for your retirement gift, right? I mean everyone on CP gets one of those when they retire.

BigRedChief 08-31-2024 12:16 PM

Quote:

Originally Posted by Chief Pote (Post 17655645)
Congrats Rainman. I'm sure your wife set up a threesome for your retirement gift, right? I mean everyone on CP gets one of those when they retire.

You got a copy of that memo? Asking for a friend.

Mosbonian 08-31-2024 12:56 PM

Quote:

Originally Posted by BigRedChief (Post 17655673)
You got a copy of that memo? Asking for a friend.

Yeah I'm not the friend BRC is asking for....but I have a friend who would like the copy too.

2bikemike 08-31-2024 03:28 PM

Quote:

Originally Posted by BigRedChief (Post 17655673)
You got a copy of that memo? Asking for a friend.

Quote:

Originally Posted by Mosbonian (Post 17655703)
Yeah I'm not the friend BRC is asking for....but I have a friend who would like the copy too.

Pretty sure that deal ended with covid because it wasn't offered to me either!

Rain Man 08-31-2024 05:00 PM

Quote:

Originally Posted by Chief Pote (Post 17655645)
Congrats Rainman. I'm sure your wife set up a threesome for your retirement gift, right? I mean everyone on CP gets one of those when they retire.

I assume she's organizing it now.

tmax63 09-01-2024 07:05 AM

Quote:

Originally Posted by BigRedChief (Post 17655554)
I’m pulling out all my 401K money out of the stock market. Going to just put it in FDIC CD’s. No gambling for me from now on. If the $ collapses, we and the whole world are ****ed.

CD’s I can always get to. We stagger them so if we have an emergency we can pull that money out without losing the interest money.

I don't feel like I'm there yet. I had all my money in TSP and cd's up until 3.5 years ago when I got tired of making 0.1%. Got a financial advisor and I've averaged almost 7% since Feb 21 even through Covid. I told him to go conservative but he got me around 14% last year and I'm up over 11% this year. With my retirement, SS and a couple of part-time jobs I do mostly for fun and to keep me busy, I haven't to touch it yet.

Mosbonian 09-01-2024 07:10 AM

Quote:

Originally Posted by Rain Man (Post 17655877)
I assume she's organizing it now.

Here's a thought....maybe she has already organized it, but not included you in it? :D

TrebMaxx 09-04-2024 03:52 PM

I just submitted my papers. One month and 7 days to go.


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