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| 05:00 AM | ||
| Users Online Now: 1,333 (Who's On?) | Visitors Today: 434,588 | |
| Pageviews Today: 569,873 | Threads Today: 181 | Posts Today: 2,428 |
| 05:00 AM | ||
Should I retire to a modest, but currently adequate pension or keep working? | |
| Anonymous Coward User ID: 465717  Canada03/12/2009 11:50 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 629561  United States03/12/2009 11:54 PM Report Abusive Post Report Copyright Violation | |
himself
 User ID: 633844 United States03/12/2009 11:57 PM Report Abusive Post Report Copyright Violation | I got retired at age 49. No regrets. Older co workers who decided to work up to age 65 and get the maximun pension have most often died within a year of retiring. Moved to the deep south. A 3rd world country with the US flag flying over it. Low local wages make my modest pensions enough to put me in the upper income brackets. |
| Anonymous Coward User ID: 394959 United States03/12/2009 11:57 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 584160 United States03/12/2009 11:57 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 630753 United States03/12/2009 11:58 PM Report Abusive Post Report Copyright Violation | If you are tired, you should go ahead and retire.....if things don't work out you can work a small job maybe to supplement your retirement...life is short, enjoy it as much as you're able to  Also, if you decide to work a few more years you might not make it to retirement? |
| Anonymous Coward User ID: 633381 United States03/13/2009 12:00 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 631969 United States03/13/2009 12:11 AM Report Abusive Post Report Copyright Violation | I have some money in a savings account, but it's just a nest-egg if the roof needs replacing, etc. Quoting: Anonymous Coward 465717My modest pension (actually 2 small pensions...work and government)would be enough to lead a frugal, but satisfactory life, but I have a couple of concerns. First, I'm not totally confident the 2 pensions will continue to function as they currently promise they will. They're both indexed to inflation, but with the economy, and the baby boomers arriving at retirement, who knows if they will provide me with the money I need. My second concern is with the possibility that hyperinflation might kick in in the next few years. Then my adequate pension will start shrinking fast. I'm really tired of working. I want to retire, but should I keep going for a few years? Retire and work odd jobs on the side to make some extra cash. |
| ac User ID: 633691 United States03/13/2009 12:23 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 631646 United States03/13/2009 12:26 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 12576 Canada03/13/2009 12:36 AM Report Abusive Post Report Copyright Violation | I have some money in a savings account, but it's just a nest-egg if the roof needs replacing, etc. Quoting: Anonymous Coward 465717My modest pension (actually 2 small pensions...work and government)would be enough to lead a frugal, but satisfactory life, but I have a couple of concerns. First, I'm not totally confident the 2 pensions will continue to function as they currently promise they will. They're both indexed to inflation, but with the economy, and the baby boomers arriving at retirement, who knows if they will provide me with the money I need. My second concern is with the possibility that hyperinflation might kick in in the next few years. Then my adequate pension will start shrinking fast. I'm really tired of working. I want to retire, but should I keep going for a few years? A change is as good as a rest. Why not retire and start your own business building or doing something you enjoy? It would provide pocket change now and should inflation occur offset those effects. |
| Anonymous Coward User ID: 633883 United States03/13/2009 12:40 AM Report Abusive Post Report Copyright Violation | I have some money in a savings account, but it's just a nest-egg if the roof needs replacing, etc. Quoting: Anonymous Coward 465717My modest pension (actually 2 small pensions...work and government)would be enough to lead a frugal, but satisfactory life, but I have a couple of concerns.... I want to retire, but should I keep going for a few years? Getting by is more important than getting ahead at this stage, irrespective of age. Take the $$ and keep your options in case the sky falls and ruins your roof...) You busted butt, kick back. time is more valuable than money |
| Anonymous Coward User ID: 477332 United States03/13/2009 01:10 AM Report Abusive Post Report Copyright Violation | |
