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Old 05-07-2018, 03:19 PM   #1
baddog
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The best thing about getting older

My pension goes into effect in a couple months.




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Old 05-07-2018, 03:20 PM   #2
Rochard
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Well congrats to you. Enjoy life every moment you can.
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Old 05-07-2018, 04:01 PM   #3
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congrats man!
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Old 05-07-2018, 04:32 PM   #4
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Good times ahead . . .
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Old 05-07-2018, 04:34 PM   #5
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Have great fun with it - you earned it. ;)
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Old 05-07-2018, 04:38 PM   #6
directfiesta
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social security ? or a corporate pension ?
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Old 05-07-2018, 04:48 PM   #7
baddog
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Have great fun with it - you earned it. ;)

Wow! Long time no see; how the hell are you?


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Originally Posted by directfiesta View Post
social security ? or a corporate pension ?
Corporate; I started Social Security a couple years ago.
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Old 05-07-2018, 06:29 PM   #8
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Wow! Long time no see; how the hell are you?
I am doing ok - a little of this and a little of that - still kicking.
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Old 05-07-2018, 06:34 PM   #9
Sly
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Wow! Long time no see; how the hell are you?




Corporate; I started Social Security a couple years ago.
Do you have a 401(k) or IRA to stack on as well?

My dad retired a few years ago from his 1st career, collects that pension. Started out with a new career that did not quite make the same money so wanted to draw pension to retain the same lifestyle. Then he winds up landing a new career significantly higher paying than his 30 year career.

Lesson to the younger crew: don't stick with a shitty career just because it's decent and you don't think you can do better. You likely can. Look.

Those that can stack retirement revenue flows can live a pretty nice life. Would hate to only have one of those flows. Social Security only? Yuck.
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Old 05-07-2018, 06:42 PM   #10
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Do you have a 401(k) or IRA to stack on as well?

My dad retired a few years ago from his 1st career, collects that pension. Started out with a new career that did not quite make the same money so wanted to draw pension to retain the same lifestyle. Then he winds up landing a new career significantly higher paying than his 30 year career.

Lesson to the younger crew: don't stick with a shitty career just because it's decent and you don't think you can do better. You likely can. Look.

Those that can stack retirement revenue flows can live a pretty nice life. Would hate to only have one of those flows. Social Security only? Yuck.
I used to work with a retired woman who had a pension and social security. Those things paid her bills and allowed her to live a nice, middle class life. However, she decided she wanted to travel so she worked part time during the year to earn enough money to spend her summers traveling. She and her sister would go to place, rent a car, then spend a few weeks exploring it before moving on. The year I worked with her they were going to fly to New York then use a combination of cars and trains to see all of that New England area as well as Philly and some other surrounding place.

Sounded like a nice way to spend the summer.
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Old 05-07-2018, 07:05 PM   #11
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Do you have a 401(k) or IRA to stack on as well?
Yeah; but I stopped adding to that in 2003, had to share some in a divorce, had value drop a ton due to a crappy merger with Verizon. I will probably let that sit for a while longer then lump sum it; I have more in the bank than it is worth.
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Old 05-07-2018, 09:46 PM   #12
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Yeah; but I stopped adding to that in 2003, had to share some in a divorce, had value drop a ton due to a crappy merger with Verizon. I will probably let that sit for a while longer then lump sum it; I have more in the bank than it is worth.
Actually, that was May 1993 according to the retirement page; after I burned through vacation and sick days.
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Old 05-08-2018, 07:53 AM   #13
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I am doing ok - a little of this and a little of that - still kicking.
Long time no see on here !
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Old 05-08-2018, 08:03 AM   #14
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Nothing like getting that 12.57$ after taxes..

Congrats old man. You Officially deserve that.
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Old 05-08-2018, 08:54 AM   #15
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Long time no see on here !

Oh I've been here, just in ghost mode... how have you been?
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Old 05-08-2018, 09:00 AM   #16
brassmonkey
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thought you were going to say diapers get that bulk pack at costco! dont forget the wipes!
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Old 05-08-2018, 09:11 AM   #17
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thought you were going to say diapers get that bulk pack at costco! dont forget the wipes!
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Old 05-08-2018, 09:52 AM   #18
Vendzilla
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I have Social Security, 2 small pensions, and Annuity and a 401k
Putting money into a IUL using a S corp so I don't pay taxes on it, even when I take it out.
Hoping to retire on 100k a year for the rest of my life.
I owe 17k on my condo in Los Angeles, so maybe another 5 years, we'll see.
Moving out of this place, California is going to implode!
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
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Old 05-08-2018, 09:56 AM   #19
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My pension goes into effect in a couple months.




Congrats man. Now you can spend more time riding around the countryside and explore.
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