Retirement

Get_Right · February 19

SPEEDY MCCREADY said:

Get_Right said:

Speedy is right. I like the JW Marriott/Ritz in Orlando, but I do not ever want to leave the property. We have never taken the kids to Disney World. We have done it in Japan. Not for me.

I don't go when I know the kids are off school and the parks are packed. I don't go during Spring Break, Thanksgiving, and Christmas, when the parks are packed. I don't go when it's 110 degrees out and I'm gonna give myself my 3rd heart surgery. Haha

I cant do any of the real "thrill" rides anymore, again because of my heart. So basically we walk around, get our 10,000 steps in, watch all the families loving the moment, she gets her ice cream or whatever sweets she has discovered, and we enjoy the day. We hop on a little boat and go over to the Boardwalk and get a lovely dinner. A short walk to Hollywood Studios for a fireworks show, another boat ride, back to my car, and back home.

I can EASILY do that 1 or 2 times a week.
A yearly pass at $1200, with parking included, is A BARGAIN. For us anyway.

It's great you found something you both like and $1200 is not expensive at all. Heck my swim club is $3500 for Memorial day to Labor day. And we maybe go six times.

SPEEDY MCCREADY · February 19

Get_Right said:

SPEEDY MCCREADY said:

Get_Right said:

Speedy is right. I like the JW Marriott/Ritz in Orlando, but I do not ever want to leave the property. We have never taken the kids to Disney World. We have done it in Japan. Not for me.

I don't go when I know the kids are off school and the parks are packed. I don't go during Spring Break, Thanksgiving, and Christmas, when the parks are packed. I don't go when it's 110 degrees out and I'm gonna give myself my 3rd heart surgery. Haha

I cant do any of the real "thrill" rides anymore, again because of my heart. So basically we walk around, get our 10,000 steps in, watch all the families loving the moment, she gets her ice cream or whatever sweets she has discovered, and we enjoy the day. We hop on a little boat and go over to the Boardwalk and get a lovely dinner. A short walk to Hollywood Studios for a fireworks show, another boat ride, back to my car, and back home.

I can EASILY do that 1 or 2 times a week.
A yearly pass at $1200, with parking included, is A BARGAIN. For us anyway.

It's great you found something you both like and $1200 is not expensive at all. Heck my swim club is $3500 for Memorial day to Labor day. And we maybe go six times.

Funny you mentioned swimming.

So last summer we both join the outdoor pool, 5 minutes from the house. A month later we are both tanned like movie stars, I'm doing lap swim for 20-30 minutes a day. We are having a fantastic summer!

Then I slip, at the pool, fall down, look at my leg and there is a good 6 inch gash on it, end up at a clinic for 10 stitches.

And like that, my Summer of Fun came to an end. Hahaha

Get_Right · February 19

SPEEDY MCCREADY said:

Get_Right said:

SPEEDY MCCREADY said:

Get_Right said:

Speedy is right. I like the JW Marriott/Ritz in Orlando, but I do not ever want to leave the property. We have never taken the kids to Disney World. We have done it in Japan. Not for me.

I don't go when I know the kids are off school and the parks are packed. I don't go during Spring Break, Thanksgiving, and Christmas, when the parks are packed. I don't go when it's 110 degrees out and I'm gonna give myself my 3rd heart surgery. Haha

I cant do any of the real "thrill" rides anymore, again because of my heart. So basically we walk around, get our 10,000 steps in, watch all the families loving the moment, she gets her ice cream or whatever sweets she has discovered, and we enjoy the day. We hop on a little boat and go over to the Boardwalk and get a lovely dinner. A short walk to Hollywood Studios for a fireworks show, another boat ride, back to my car, and back home.

I can EASILY do that 1 or 2 times a week.
A yearly pass at $1200, with parking included, is A BARGAIN. For us anyway.

It's great you found something you both like and $1200 is not expensive at all. Heck my swim club is $3500 for Memorial day to Labor day. And we maybe go six times.

Funny you mentioned swimming.

So last summer we both join the outdoor pool, 5 minutes from the house. A month later we are both tanned like movie stars, I'm doing lap swim for 20-30 minutes a day. We are having a fantastic summer!

Then I slip, at the pool, fall down, look at my leg and there is a good 6 inch gash on it, end up at a clinic for 10 stitches.

And like that, my Summer of Fun came to an end. Hahaha

Ouch. Glad you are ok. I have had a couple of slips, but nothing serious. My wife swims 5 days a week at 5:30am. And it shows. Put me in a pool and I want a swim up tiki bar or a lazy river to enjoy. I still have to get the pool membership even though we are gone for most of July and August. It's like paying for a hotel without the free breakfast.

shadowcast · February 19

SPEEDY MCCREADY said:

Retirement was basically thrown at me 7-10 years earlier than I had planned. But oh well, im alive and kicking. The last 2 years I have done plenty of research on how to make the money last. The best investments, the safest investments, the S&P, annuities, Cd's, high yield savings, etc. I'm pretty sure my wife and I will be able to live somewhat comfortable.

But I tell you, it's scary when you read about the American retirement situation as a whole. 50% of adult Americans do not have $500 in their savings account. THATS SCARY. So many people with no retirement savings, no 401k, no pension, just having to depend on their social security.

Plan ahead people!

That is all.

I'm right there with you. After going through everything we have a strong shot of retiring at 62.. We did a good job buying a modest house and fixed it up along the way. Drive accords, don't eat out much at all and always bring lunch to work. Not eating out for lunch roughly saves us each $3,900 a year. Not nickeling and diming your money is key as is having a 401k along with a good financial advisor.

HughFreakingDillon · February 19

SPEEDY MCCREADY said:

Get_Right said:

SPEEDY MCCREADY said:

Get_Right said:

Speedy is right. I like the JW Marriott/Ritz in Orlando, but I do not ever want to leave the property. We have never taken the kids to Disney World. We have done it in Japan. Not for me.

I don't go when I know the kids are off school and the parks are packed. I don't go during Spring Break, Thanksgiving, and Christmas, when the parks are packed. I don't go when it's 110 degrees out and I'm gonna give myself my 3rd heart surgery. Haha

I cant do any of the real "thrill" rides anymore, again because of my heart. So basically we walk around, get our 10,000 steps in, watch all the families loving the moment, she gets her ice cream or whatever sweets she has discovered, and we enjoy the day. We hop on a little boat and go over to the Boardwalk and get a lovely dinner. A short walk to Hollywood Studios for a fireworks show, another boat ride, back to my car, and back home.

I can EASILY do that 1 or 2 times a week.
A yearly pass at $1200, with parking included, is A BARGAIN. For us anyway.

It's great you found something you both like and $1200 is not expensive at all. Heck my swim club is $3500 for Memorial day to Labor day. And we maybe go six times.

Funny you mentioned swimming.

So last summer we both join the outdoor pool, 5 minutes from the house. A month later we are both tanned like movie stars, I'm doing lap swim for 20-30 minutes a day. We are having a fantastic summer!

Then I slip, at the pool, fall down, look at my leg and there is a good 6 inch gash on it, end up at a clinic for 10 stitches.

And like that, my Summer of Fun came to an end. Hahaha

Costanza?

SPEEDY MCCREADY · February 19

shadowcast said:

SPEEDY MCCREADY said:

Retirement was basically thrown at me 7-10 years earlier than I had planned. But oh well, im alive and kicking. The last 2 years I have done plenty of research on how to make the money last. The best investments, the safest investments, the S&P, annuities, Cd's, high yield savings, etc. I'm pretty sure my wife and I will be able to live somewhat comfortable.

But I tell you, it's scary when you read about the American retirement situation as a whole. 50% of adult Americans do not have $500 in their savings account. THATS SCARY. So many people with no retirement savings, no 401k, no pension, just having to depend on their social security.

Plan ahead people!

That is all.

I'm right there with you. After going through everything we have a strong shot of retiring at 62.. We did a good job buying a modest house and fixed it up along the way. Drive accords, don't eat out much at all and always bring lunch to work. Not eating out for lunch roughly saves us each $3,900 a year. Not nickeling and diming your money is key.

I have gotten in to a lot of discussions with different family and friends over whether to to start taking one's Social Security at 62, or wait until 67.
It obviously depends on one's individual situation. To me though, it's another numbers game. How much are you going to collect from 62 to 67? How much more is your monthly check if you wait until 67? Is waiting for that extra monthly income truly worth it?
And of course there is the yearly salary you are no longer making if you choose to retire early.

My opinion? Its a no brainer. If one can financially be comfortable, retire as soon as possible. If one has the means to live comfortable and enjoy themselves, then walking away from work is a no brainer.

shadowcast · February 19

SPEEDY MCCREADY said:

shadowcast said:

SPEEDY MCCREADY said:

Retirement was basically thrown at me 7-10 years earlier than I had planned. But oh well, im alive and kicking. The last 2 years I have done plenty of research on how to make the money last. The best investments, the safest investments, the S&P, annuities, Cd's, high yield savings, etc. I'm pretty sure my wife and I will be able to live somewhat comfortable.

But I tell you, it's scary when you read about the American retirement situation as a whole. 50% of adult Americans do not have $500 in their savings account. THATS SCARY. So many people with no retirement savings, no 401k, no pension, just having to depend on their social security.

Plan ahead people!

That is all.

I'm right there with you. After going through everything we have a strong shot of retiring at 62.. We did a good job buying a modest house and fixed it up along the way. Drive accords, don't eat out much at all and always bring lunch to work. Not eating out for lunch roughly saves us each $3,900 a year. Not nickeling and diming your money is key.

I have gotten in to a lot of discussions with different family and friends over whether to to start taking one's Social Security at 62, or wait until 67.
It obviously depends on one's individual situation. To me though, it's another numbers game. How much are you going to collect from 62 to 67? How much more is your monthly check if you wait until 67? Is waiting for that extra monthly income truly worth it?
And of course there is the yearly salary you are no longer making if you choose to retire early.

My opinion? Its a no brainer. If one can financially be comfortable, retire as soon as possible. If one has the means to live comfortable and enjoy themselves, then walking away from work is a no brainer.

100% We would not need to touch SS until 67. I give all the credit to my wife. She taught me how to save money while also being able to take a impromptu trips to see PJ anywhere.

Gern Blansten · February 19

HughFreakingDillon said:

Gern Blansten said:

I don't know how...it's torture to me

Heat, lines, outrageous cost, sweat, stupid people

My sister and sister in law dud a ton of research. Ordered fast passes for the rides we knew they’d work the best. Only line I recall being insanely long was Avatar. 2.5 hours. I was a whiny bitch the entire time. 😂 as soon as ee got off, I immediately wanted to go back in line.

Plus, we rented a house about 20 minutes away from the park, and took a day in between disney visits to recover. 3 days at the park, 10 days in the house. All 12 of my family, pool, hot tub, Christmas and New Years with no snow, etc. One of our best vacations ever.

The best trip we ever took to Orlando was just like this....rented a house with a pool and hit the parks three days like every other day

cincybearcat · February 19

Gern Blansten said:

I don't know how...it's torture to me

Heat, lines, outrageous cost, sweat, stupid people

Sounds like a Pearl jam concert.

HughFreakingDillon · February 19

cincybearcat said:

Gern Blansten said:

I don't know how...it's torture to me

Heat, lines, outrageous cost, sweat, stupid people

Sounds like a Pearl jam concert.

HAHAHA

SPEEDY MCCREADY · February 19

cincybearcat said:

Gern Blansten said:

I don't know how...it's torture to me

Heat, lines, outrageous cost, sweat, stupid people

Sounds like a Pearl jam concert.

Correction

The merch line at a Pearl Jam concert

JOEJOEJOE · February 19

My wife is a pediatrician and based on our new "leaders" in DC, she fears that she may be forced into retirement due to the possible cuts to medicaid (many of her patients are trans or homeless). Luckily, she is pretty well set in terms of retirement assets. We live in a house that is way too big for the two of us (never had kids....got married later in life).

I am not yet ready to retire.....I'd probably get bored unless I found some volunteer opportunities, etc.

SPEEDY MCCREADY · March 25

It's always the same response from folks when I discuss social security with them. Its inevitable.

1. There won't be any social security when it's time for me to retire.

2. I don't have anything in social security, so I don't care about it.

#2 always makes me scratch my head. It's as if some people expected a small monthly fortune to be waiting for them when they retired, even though they never put any real money into social security. Friends of mine never planned for retirement, never really thought of any retirement savings, yet now are upset that they have to keep working into their 70's. It's just silly. If you didn't have a pension, didn't have a 401k, didn't save any money, well then WTF did you expect?

Anyway, I've been getting my house ready to sell, hopefully in a couple months. Looking forward to moving South.

cblock4life · March 25

Gern Blansten said:

I don't know how...it's torture to me

Heat, lines, outrageous cost, sweat, stupid people

Disney world is like Christmas time at the mall. I don’t like either!

cblock4life · March 25

SPEEDY MCCREADY said:

It's always the same response from folks when I discuss social security with them. Its inevitable.

1. There won't be any social security when it's time for me to retire.

2. I don't have anything in social security, so I don't care about it.

#2 always makes me scratch my head. It's as if some people expected a small monthly fortune to be waiting for them when they retired, even though they never put any real money into social security. Friends of mine never planned for retirement, never really thought of any retirement savings, yet now are upset that they have to keep working into their 70's. It's just silly. If you didn't have a pension, didn't have a 401k, didn't save any money, well then WTF did you expect?

Anyway, I've been getting my house ready to sell, hopefully in a couple months. Looking forward to moving South.

We’re lucky we both have pensions. He gets mine if I die - I get his if he dies, so we will both have two pensions no matter what. However, we both took our SS early because ass got elected.

Of course it doesn’t mean he still can’t mess with it. I just feel awful for anyone who solely relies on SS or planned to.

cblock4life · March 25

JOEJOEJOE said:

My wife is a pediatrician and based on our new "leaders" in DC, she fears that she may be forced into retirement due to the possible cuts to medicaid (many of her patients are trans or homeless). Luckily, she is pretty well set in terms of retirement assets. We live in a house that is way too big for the two of us (never had kids....got married later in life).

I am not yet ready to retire.....I'd probably get bored unless I found some volunteer opportunities, etc.

You must be very proud of your wife. What she does is one of the most important jobs in the world.

cblock4life · March 25

shadowcast said:

SPEEDY MCCREADY said:

shadowcast said:

SPEEDY MCCREADY said:

Retirement was basically thrown at me 7-10 years earlier than I had planned. But oh well, im alive and kicking. The last 2 years I have done plenty of research on how to make the money last. The best investments, the safest investments, the S&P, annuities, Cd's, high yield savings, etc. I'm pretty sure my wife and I will be able to live somewhat comfortable.

But I tell you, it's scary when you read about the American retirement situation as a whole. 50% of adult Americans do not have $500 in their savings account. THATS SCARY. So many people with no retirement savings, no 401k, no pension, just having to depend on their social security.

Plan ahead people!

That is all.

I'm right there with you. After going through everything we have a strong shot of retiring at 62.. We did a good job buying a modest house and fixed it up along the way. Drive accords, don't eat out much at all and always bring lunch to work. Not eating out for lunch roughly saves us each $3,900 a year. Not nickeling and diming your money is key.

I have gotten in to a lot of discussions with different family and friends over whether to to start taking one's Social Security at 62, or wait until 67.
It obviously depends on one's individual situation. To me though, it's another numbers game. How much are you going to collect from 62 to 67? How much more is your monthly check if you wait until 67? Is waiting for that extra monthly income truly worth it?
And of course there is the yearly salary you are no longer making if you choose to retire early.

My opinion? Its a no brainer. If one can financially be comfortable, retire as soon as possible. If one has the means to live comfortable and enjoy themselves, then walking away from work is a no brainer.

100% We would not need to touch SS until 67. I give all the credit to my wife. She taught me how to save money while also being able to take an impromptu trips to see PJ anywhere.

Like I said on my other post we took ours early but we’re just banking it for now in case the age changes, etc. or in case it eventually gets taken away for good.

We were on the selling kick for a while but then along came grandkids so we’d now like to keep the house but do a few of the cold months somewhere warm.

SPEEDY MCCREADY · March 25

cblock4life said:

SPEEDY MCCREADY said:

It's always the same response from folks when I discuss social security with them. Its inevitable.

1. There won't be any social security when it's time for me to retire.

2. I don't have anything in social security, so I don't care about it.

#2 always makes me scratch my head. It's as if some people expected a small monthly fortune to be waiting for them when they retired, even though they never put any real money into social security. Friends of mine never planned for retirement, never really thought of any retirement savings, yet now are upset that they have to keep working into their 70's. It's just silly. If you didn't have a pension, didn't have a 401k, didn't save any money, well then WTF did you expect?

Anyway, I've been getting my house ready to sell, hopefully in a couple months. Looking forward to moving South.

We’re lucky we both have pensions. He gets mine if I die - I get his if he dies, so we will both have two pensions no matter what. However, we both took our SS early because ass got elected.
Of course it doesn’t mean he still can’t mess with it. I just feel awful for anyone who solely relies on SS or planned to.

Yeah, having just SS as your only source of income in your retirement years, is not a good thing.

Lerxst1992 · March 25

shadowcast said:

SPEEDY MCCREADY said:

shadowcast said:

SPEEDY MCCREADY said:

Retirement was basically thrown at me 7-10 years earlier than I had planned. But oh well, im alive and kicking. The last 2 years I have done plenty of research on how to make the money last. The best investments, the safest investments, the S&P, annuities, Cd's, high yield savings, etc. I'm pretty sure my wife and I will be able to live somewhat comfortable.

But I tell you, it's scary when you read about the American retirement situation as a whole. 50% of adult Americans do not have $500 in their savings account. THATS SCARY. So many people with no retirement savings, no 401k, no pension, just having to depend on their social security.

Plan ahead people!

That is all.

I'm right there with you. After going through everything we have a strong shot of retiring at 62.. We did a good job buying a modest house and fixed it up along the way. Drive accords, don't eat out much at all and always bring lunch to work. Not eating out for lunch roughly saves us each $3,900 a year. Not nickeling and diming your money is key.

I have gotten in to a lot of discussions with different family and friends over whether to to start taking one's Social Security at 62, or wait until 67.
It obviously depends on one's individual situation. To me though, it's another numbers game. How much are you going to collect from 62 to 67? How much more is your monthly check if you wait until 67? Is waiting for that extra monthly income truly worth it?
And of course there is the yearly salary you are no longer making if you choose to retire early.

My opinion? Its a no brainer. If one can financially be comfortable, retire as soon as possible. If one has the means to live comfortable and enjoy themselves, then walking away from work is a no brainer.

100% We would not need to touch SS until 67. I give all the credit to my wife. She taught me how to save money while also being able to take a impromptu trips to see PJ anywhere.

Yes, retire as soon as possible is the way to go. As far as when to claim SS, the break even point between claiming early and full benefits is usually 79 years old. This does not take into account the growth of investments and/or 401k accounts. If a retiree has enough cash or pension and does not need to draw down on those investment accounts in their 60s, and the investments earn 7%, those who defer SS to a later age will never reach a SS breakeven point.

Also, if the trust fund becomes insolvent in 2034, the trust estimates a benefit cut of 17%. Therefore those that claim early lose less money , as 17% of a smaller benefit is a smaller reduction to their benefits than at full retirement.

josevolution · March 26

I’m semiretired I’m not taking SS yet I’m 64 will be 65 in September, I take 500$ a month from IRA account I work perdiem my own schedule 1-2 days a week my wife works for the same health system I do so I get benefits from her.
im planning on eventually living 4-6 months in Chile and the time here in the states I can even get my SS sent to me in Chile if i need to live there permanently, I’m enjoying my life

Retirement

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