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Post by southparkcpa on Sept 1, 2021 12:02:45 GMT -5
I see all the time people who "think" they have enough money to retire.... I would say that if you're 60 or so, you will need at least $2 million saved minimum to retire with any comfort. Assuming you don't have a pension with health benefits which changes the game. I have many clients with $3-4 million BUT they want $150K a year in "benefits" minimum, after tax. With inflation at or near 3 percent, lot's can go wrong if you live into your late 80's. Lots of great research has been done in this area. That's the CFP in me talking.  forgot to add.... I'm gonna start to get better at the piano too. I'm OK now BUT want to get more proficient. |
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Post by Trades on Sept 1, 2021 13:05:23 GMT -5
My company will be requiring the Covid jab in early October. If we don't comply we will be fired. No severance but I could collect unemployment for the first time in my life and take a shot a the many side businesses I have been putting off. I am 51 so not old but not young. I do have some FU money but it is hard to walk away from the salary and benefits I get. Early "retirement" where I work for myself on my time could be nice though. Some side projects I have considered are: Flipping houses Selling wood working projects Selling wood working plans online Selling CNC/Laser Cutting files online Selling my custom programs and scripts I have developed over the years If I hustle I could probably make ends meet with these in a year or 2. Could also just get the vax if you want to keep working. And I may. |
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Post by Trades on Sept 1, 2021 13:07:17 GMT -5
My company will be requiring the Covid jab in early October. If we don't comply we will be fired. No severance but I could collect unemployment for the first time in my life and take a shot a the many side businesses I have been putting off. I am 51 so not old but not young. I do have some FU money but it is hard to walk away from the salary and benefits I get. Early "retirement" where I work for myself on my time could be nice though. Some side projects I have considered are: Flipping houses Selling wood working projects Selling wood working plans online Selling CNC/Laser Cutting files online Selling my custom programs and scripts I have developed over the years If I hustle I could probably make ends meet with these in a year or 2. Could you do some sort of custom woodworking? Like where you would put peoples names on them? People love that stuff for weddings, etc. You could have a booth at local farmer's market type places. Yes I can. I have a small CNC/laser cutter too so I can automate a lot of it. |
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Post by shakin on Sept 1, 2021 13:19:24 GMT -5
got tired of too much golf and while i love my woodworking shop i don't want to live in there either. have already met every drinking challenge that nobody actually challenged me with, and anyways this chapter of my health story could be called Liver's Revenge so there's that
frankly looking for either a second career that i'd actually look forward to going to every day, or a part time job that i enjoy and in which i can use my exceptional charm and people skills
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Post by Big L on Sept 1, 2021 13:20:38 GMT -5
got tired of too much golf and while i love my woodworking shop i don't want to live in there either. have already met every drinking challenge that nobody actually challenged me with, and anyways this chapter of my health story could be called Liver's Revenge so there's that frankly looking for either a second career that i'd actually look forward to going to every day, or a part time job that i enjoy and in which i can use my exceptional charm and people skills Have you tried for part time job in Home Depot lumber dept |
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Post by shakin on Sept 1, 2021 13:27:07 GMT -5
got tired of too much golf and while i love my woodworking shop i don't want to live in there either. have already met every drinking challenge that nobody actually challenged me with, and anyways this chapter of my health story could be called Liver's Revenge so there's that frankly looking for either a second career that i'd actually look forward to going to every day, or a part time job that i enjoy and in which i can use my exceptional charm and people skills Have you tried for part time job in Home Depot lumber dept lol yeah i actually talked to a bunch of guys my age that work there, as i'm in there all the time. wouldn't have worked out because they really need weekend people the most (their busiest shopping days), and i needed to keep weekends clear for my casino party business on long island (which was a booming money printing party job for 10 years before covid crushed it). discussing a buyout with my partner (me getting out) so that would solve that problem. really just looking to get out of the house and see people, and also because mrs. shakin works from home now for another 5 years and my sitting and breathing is apparently raucously interruptive to her endless conference calls |
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Post by 32Green on Sept 1, 2021 14:20:14 GMT -5
Have you tried for part time job in Home Depot lumber dept just looking to get out of the house and see people, and also because mrs. shakin works from home now for another 5 years and my sitting and breathing is apparently raucously interruptive to her endless conference calls Welcome to my life. I avoid my wife like the little rascals running from the giant but I still end up annoying her. Thinking about picking something up too, just to get the fuck out of her way. When she commuted I was king of the castle, got things done, but by my own pace, had WFAN blasting, sports channels on the TV. Now I feel like I'm under a microscope, I have to hide with a little radio.... Now I'm starting to understand the 70 year olds I see re-stocking shelves in super markets. |
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Post by shakin on Sept 1, 2021 14:25:31 GMT -5
just looking to get out of the house and see people, and also because mrs. shakin works from home now for another 5 years and my sitting and breathing is apparently raucously interruptive to her endless conference calls Welcome to my life. I avoid my wife like the little rascals running from the giant but I still end up annoying her. Thinking about picking something up too, just to get the fuck out of her way. When she commuted I was king of the castle, got things done, but by my own pace, had WFAN blasting, sports channels on the TV. Now I feel like I'm under a microscope, I have to hide with a little radio.... Now I'm starting to understand the 70 year olds I see re-stocking shelves in super markets. my son got propositioned/seshual comments by horny middle aged wives more than a couple times when he was stocking shelves as a teen. like wow they really said that? comments i think it was his genes they were responding to, not his age. so i'm thinking with me and those same genes maybe stocking shelves could work out. right? |
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Post by southparkcpa on Sept 1, 2021 15:05:03 GMT -5
got tired of too much golf and while i love my woodworking shop i don't want to live in there either. have already met every drinking challenge that nobody actually challenged me with, and anyways this chapter of my health story could be called Liver's Revenge so there's that frankly looking for either a second career that i'd actually look forward to going to every day, or a part time job that i enjoy and in which i can use my exceptional charm and people skills have you considered opening a whore house??? You can run it by hand in the beginning until you get established. |
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Post by vonrotten on Sept 1, 2021 15:11:43 GMT -5
I'm 28. Any advice on how to retire before I'm old like you all? Play the lottery and pray! Or marry into money. |
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Post by vonrotten on Sept 1, 2021 15:15:43 GMT -5
I’ve got 10 more years til I can retire on my comfy university retirement with benefits. I can actually they the money in 5 years when I am 56, but not the health care until I’m 62, or else I’d be gone! Academia sucks
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Post by Trades on Sept 1, 2021 15:21:22 GMT -5
got tired of too much golf and while i love my woodworking shop i don't want to live in there either. have already met every drinking challenge that nobody actually challenged me with, and anyways this chapter of my health story could be called Liver's Revenge so there's that frankly looking for either a second career that i'd actually look forward to going to every day, or a part time job that i enjoy and in which i can use my exceptional charm and people skills have you considered opening a whore house??? You can run it by hand in the beginning until you get established. Big carpal tunnel risks there |
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Post by Hotman on Sept 1, 2021 16:10:20 GMT -5
My company will be requiring the Covid jab in early October. If we don't comply we will be fired. No severance but I could collect unemployment for the first time in my life and take a shot a the many side businesses I have been putting off. I am 51 so not old but not young. I do have some FU money but it is hard to walk away from the salary and benefits I get. Early "retirement" where I work for myself on my time could be nice though. Some side projects I have considered are: Flipping houses Selling wood working projects Selling wood working plans online Selling CNC/Laser Cutting files online Selling my custom programs and scripts I have developed over the years If I hustle I could probably make ends meet with these in a year or 2. Could you do some sort of custom woodworking? Like where you would put peoples names on them? People love that stuff for weddings, etc. You could have a booth at local farmer's market type places. I know someone who does this kinda shit |
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Post by Hotman on Sept 1, 2021 16:17:42 GMT -5
I'm 28. Any advice on how to retire before I'm old like you all? I'm afraid that's not gonna be possible with this generation, and as we transition into the slavery reset |
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Post by stlouiejetfan on Sept 1, 2021 16:45:08 GMT -5
Welcome to my life. I avoid my wife like the little rascals running from the giant but I still end up annoying her. Thinking about picking something up too, just to get the fuck out of her way. When she commuted I was king of the castle, got things done, but by my own pace, had WFAN blasting, sports channels on the TV. Now I feel like I'm under a microscope, I have to hide with a little radio.... Now I'm starting to understand the 70 year olds I see re-stocking shelves in super markets. my son got propositioned/seshual comments by horny middle aged wives more than a couple times when he was stocking shelves as a teen. like wow they really said that? comments i think it was his genes they were responding to, not his age. so i'm thinking with me and those same genes maybe stocking shelves could work out. right? If youre into 90 year olds it could be a great situation. |
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