Retirement

[Blue]

My heart bleeds for you :so-called:

I guess you've already accepted your fate. Enjoy

[Mr Tinkles]

Retirement used to be an attainable goal for a middle class person. Work , save your money , buy a rental house , put together a bond and stock portfolio that has some interest and divided yield. Add a bit of good luck and you are set.

****ing hell. It's just hopeless. And I'd rather die than work for another 20 years. Id rather go for the permanent retirement.

I asked an old dude at work who is close to retirement about this and he said in the old days the man could go to work, the wife stay at home as a housewife and the household could pay off the mortgage & get ahead on the 1 income. No longer the case for the average family

All you have to do Blue is wait for the inheritance to come through then you will be set for your life of leisure. If your parents live into their 90's it could be a long wait though. Ideally you want to be a single child so you get the lot haha

When I had 7 months off work in 2019 /2020 to travel it showed I would not be ready for retirement, so some people are more suited to it than others at a younger age.

[Blue]

But you KW are probably living on the same sugar high you got when you received your first paycheck. Paycheck to paycheck. Sugar high to sugar high. That check lands and you think you got.the world by the balls. Like an animal. Eating to live another day

[Blue]

I asked an old dude at work who is close to retirement about this and he said in the old days the man could go to work, the wife stay at home as a housewife and the household could pay off the mortgage & get ahead on the 1 income. No longer the case for the average family

All you have to do Blue is wait for the inheritance to come through then you will be set for your life of leisure. If your parents live into their 90's it could be a long wait though. Ideally you want to be a single child so you get the lot haha

When I had 7 months off work in 2019 /2020 to travel it showed I would not be ready for retirement, so some people are more suited to it than others at a younger age.

In the gold standard era , there was a limit to debt and credit. Everything was kept in check. Median House prices in Britain didn't fluctuate up or down more than 20% for over 100 years. Imagine that. If you were willing to work hard and save , you could see the light at the end of the tunnel.

Inhercredit itance is mostly a red herring . My gramps just died. Lived till he was 97. So if my dad goes anything close to that , inheritance means nothing.

What do you mean about not being ready ? Did you get bored ? Or you just found it hard to settle into a lifestyle or routine ?

[Arthur Daley]

The only way to retire is to do a life sentence in the govt sector and get one of these fat inflation adjusted pensions.

Untrue.
The keys are to:

Not be a breeder. Trees, insects, bacteria, they can all reproduce. Only humans can choose not to, so why throw away that amazing gift? Donate to sperm banks when young to get paid for sowing your seed.

Work smart not hard. Take jobs which have inherent additional opportunities, like being able to set up your own business from what you learn from them. Then sell the business for £xxx,xxx

Make hay when the sun shines. Be sure to have at least double coming in as is going out during your working periods

Write. I'm still earning from stuff I wrote in the noughties. I'm slowly working on something new which should be a massive seller when self-published next year. It's only a hobby though and I'm not financially reliant on it.

Sue people and know how to win. Don't be a sad wanker that vexatiously threatens to sue people in order to win a forum shitfest. Sue wealthy targets that you can beat, preferably via a long drawn out battle. In the late 90s I won enough to put down a deposit on a house and travel for 2 years, in 2019 I won six £ figures after an almost three year battle, and my third attempt is looking likely to be the biggest payout yet.

[Arthur Daley]

I forgot an important one

Marry well - avoid anything that views you as a route to their own early retirement and a free house.

[Mr Tinkles]

I forgot an important one

Marry well - avoid anything that views you as a route to their own early retirement and a free house.

Yes if the first thing she says when you pick her up from the airport is "I'm here for the green card, your money & the f*cking house" then you may have made a bad choice hahaha

[Blue]

Untrue.
The keys are to:

Not be a breeder. Trees, insects, bacteria, they can all reproduce. Only humans can choose not to, so why throw away that amazing gift? Donate to sperm banks when young to get paid for sowing your seed.

Work smart not hard. Take jobs which have inherent additional opportunities, like being able to set up your own business from what you learn from them. Then sell the business for £xxx,xxx

Make hay when the sun shines. Be sure to have at least double coming in as is going out during your working periods

Write. I'm still earning from stuff I wrote in the noughties. I'm slowly working on something new which should be a massive seller when self-published next year. It's only a hobby though and I'm not financially reliant on it.

Sue people and know how to win. Don't be a sad wanker that vexatiously threatens to sue people in order to win a forum shitfest. Sue wealthy targets that you can beat, preferably via a long drawn out battle. In the late 90s I won enough to put down a deposit on a house and travel for 2 years, in 2019 I won six £ figures after an almost three year battle, and my third attempt is looking likely to be the biggest payout yet.

I mainly meant retirement is impossible on a financial transaction side of things. But I do know what you mean about picking up skills and using them to your advantage.

If you won 2 million dollars tomorrow, it would be difficult to say the very least, to deploy those 2 million dollars to get income generation right away. And it has never been like this in history. The world has never gone on a limitless money standard before. If you won 1 million dollars in even just the 90's, you'd be fine. The US 10 year treasury was yielding 6.57%. You could pick up some income properties and stick the rest in a bond fund and you'd be at the beach. Not today.

Be sure to have at least double coming in as is going out during your working periods

I concur. I've been in that range++ for years.

Not be a breeder.

Its amazing how many men say they want kids. I think they are just deluding themselves and don't want to admit that the only reason they have them is because "she wanted them". But some women say they don't want them and get into a relationship with a guy and then change their mind. A friend of mine went through this. She held a gun to his head. Divorce or a kid. Its not an easy bullet to dodge. At least he kept the number to 1.

To bring another being into the world to suffer for 90 years for no reason is just cruel.

Another thing that blows my mind is how many men do it again. They have one wife and family that blows up eventually. Which is fine. But then they meet a new woman and start the whole process over again. More kids! These couple usually both have kids from the previous one. WTF are these people thinking.

[Arthur Daley]

If you won 2 million dollars tomorrow, it would be difficult to say the very least, to deploy those 2 million dollars to get income generation right away

You're not thinking rationally.

If you've got 2 million dollars in your bank account in your 50s for example, why do you need to "generate income"? You've got a large amount of capital, enough to support a comfortable level of spending for several decades, even with inflation, without depleting it.

To bring another being into the world to suffer for 90 years for no reason is just cruel.

Another thing that blows my mind is how many men do it again. WTF are these people thinking

Life isn't suffering.

These men do it because they're controlled by their testes and their primitive need to breed. It's a force that controls all living things, and very few can rise above it.

These men think it makes them a genetic winner, to have passed on their genes, but all it demonstrates is that they have no control over their genetic programming. I doubt an apple tree if it could think enjoys producing apples ever year any more than rAntiny enjoys being a life sentence breadwinner at a mesh factory.

[Ergenburgensmurgen]

It's sad to see the decline exhibited in some posters after living too long in Thailand, often influenced in their deterioration by the chickenheads they co-habit with.

I understand from these threads that Ergen. co-habits with his landlady, an older short sighted woman and ex-employee of KFC, or was it Burger King, either way it explains a lot of his anger, insecurity, the need to assume a bullying persona and his increasingly repetitive retorts.

One wonders if, in the steamy backwaters of the shithole that is Thailand, amongst all the fortune tellers, dream interpreters orange robed charlatans and amulet peddlers, there are any counselling services available for foreigners with the mental health afflictions so common amongst long stayers with too much time on their hands but lacking the intelligence to fill that time productively.

Oh look senile old fool ranted some more. This iteration of sausages has a touch of taxi about it.

Regardless, wipe away your tears of faux indignation with your OAP bus pass.

[Arthur Daley]

Sounds like seeking is heading for tiny's fake ignore list after 14 posts.

Tis a pity that he doesn't spot the irony in having

ranted some more

himself 6014 times. Apparently that's fine

[S Landreth]

...it's spending its 'retirement' hypervigilantly raging again, isn't it.

it is

it must have lost its racket on the beach

[Ergenburgensmurgen]

it is

it must have lost its racket on the beach

Lies and anger are all it has.

[Arthur Daley]

an old dude at work who is close to retirement....

A neighbour of mine recently arrived under the sandbox scheme.

68, just retired, arthritis, high blood pressure, diabetes, white hair. I invited him to my tennis club and he said he can barely walk let alone engage in sports. He's got plenty of money but perhaps only 5 years of aches and pains to enjoy it.

Retirement should be enjoyed while young enough to. If I run out of money by 70 and I'm still alive, so be it. I'll live a humble life on the UK state pension and have no regrets of having enjoyed two decades of enjoyable retirement while relatively young.

[Blue]

You're not thinking rationally.

If you've got 2 million dollars in your bank account in your 50s for example, why do you need to "generate income"? You've got a large amount of capital, enough to support a comfortable level of spending for several decades, even with inflation, without depleting it.
.

In normal financial conditions , its just a good thing to live off income to regulate yourself. Modest income , modest life. Spending down cash can be done towards the end.

But when you look at it that way yeah, a million bucks is still quite a bit. Divide it by $30,000 per year and you got some time there