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Li H'Sen Chang
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Post subject: How much money do I need to retire?  Posted: Mon Dec 12, 2011 9:53 am |
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| Halloween Master |
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Joined: Thu Oct 27, 2011 11:25 am
Posts: 916
Location: Minnesota
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I am try to retire anytime. How much money do I need to retire forever? 
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666daGorehound666
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Post subject: Re: How much money do I need to retire? Posted: Mon Dec 12, 2011 4:03 pm |
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| Master Reaper |
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Joined: Fri Oct 28, 2011 12:04 pm
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iHaunt
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Post subject: Re: How much money do I need to retire? Posted: Mon Dec 12, 2011 6:16 pm |
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| Halloween Master |
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Joined: Fri May 29, 2009 10:15 am
Posts: 9326
Location: Reaper's Cemetery
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I would say more than $600,000! 
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Li H'Sen Chang
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Post subject: Re: How much money do I need to retire? Posted: Mon Dec 12, 2011 7:36 pm |
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| Halloween Master |
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Joined: Thu Oct 27, 2011 11:25 am
Posts: 916
Location: Minnesota
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666daGorehound666 wrote: $375,768.00 Is that real or just your guess?
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Pumpkin_Man
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Post subject: Re: How much money do I need to retire? Posted: Tue Dec 13, 2011 2:10 pm |
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| Halloween Master |
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Joined: Mon Sep 15, 2008 8:23 am
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I have over 300, 000 dollars in my SURS retirement account, and I seriously doubt I will ever be able to fully retire. I think the whole idea of being fully retired is a privilage that only the seriously rich will ever be able to afford. I will likely still get my pension, but I'll have to work to suppliment it, because by the time inflation hits me, it won't be enough to live on.
That's what happened to my father. The company he worked for, FMC Corporation, had a policy of forced retirement at age 65. This was in 1974. He retired, and almost imediately after words, the ecconomy tanked, we had double didgit inflation, gas shot up to a dollar a gallen from what it was previously, which was 50 cents a gallen, and our standard of living, diminished to the point that we didn't even have enough to eat at times. My mother had to help pay the bills by working as a teacher. Unfortunately she taught in the Catholic school system so the pay was pretty lousy. There were no benifits, and all she had to retire on was a lousy 300 or 400 bucks a month form Social Security. Luckily she was able to move in with my younger sister until she died in Jan of 97,
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666daGorehound666
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Post subject: Re: How much money do I need to retire? Posted: Tue Dec 13, 2011 7:12 pm |
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| Master Reaper |
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Joined: Fri Oct 28, 2011 12:04 pm
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Li H'Sen Chang wrote: 666daGorehound666 wrote: $375,768.00 Is that real or just your guess?
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iHaunt
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Post subject: Re: How much money do I need to retire? Posted: Tue Dec 13, 2011 9:37 pm |
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| Halloween Master |
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Joined: Fri May 29, 2009 10:15 am
Posts: 9326
Location: Reaper's Cemetery
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My grandpa says that he has more than $55,000 in his bank acount.
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iHaunt
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Post subject: Re: How much money do I need to retire? Posted: Tue Dec 13, 2011 9:38 pm |
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| Halloween Master |
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Joined: Fri May 29, 2009 10:15 am
Posts: 9326
Location: Reaper's Cemetery
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So anyone wish to make more money for retirement?
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Li H'Sen Chang
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Post subject: Re: How much money do I need to retire? Posted: Wed Dec 14, 2011 6:35 am |
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| Halloween Master |
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Joined: Thu Oct 27, 2011 11:25 am
Posts: 916
Location: Minnesota
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How did you grandpa get that money?
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iHaunt
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Post subject: Re: How much money do I need to retire? Posted: Wed Dec 14, 2011 9:09 am |
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| Halloween Master |
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Joined: Fri May 29, 2009 10:15 am
Posts: 9326
Location: Reaper's Cemetery
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I dunno. He was the firefighter for 38 years. Li H'Sen Chang wrote: How did you grandpa get that money?
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Li H'Sen Chang
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Post subject: Re: How much money do I need to retire? Posted: Wed Dec 14, 2011 9:27 am |
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| Halloween Master |
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Joined: Thu Oct 27, 2011 11:25 am
Posts: 916
Location: Minnesota
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He should buy a Porsche. 
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666daGorehound666
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Post subject: Re: How much money do I need to retire? Posted: Thu Dec 22, 2011 7:36 pm |
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| Master Reaper |
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Joined: Fri Oct 28, 2011 12:04 pm
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Li H'Sen Chang
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Post subject: Re: How much money do I need to retire? Posted: Fri Dec 23, 2011 5:27 am |
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| Halloween Master |
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Joined: Thu Oct 27, 2011 11:25 am
Posts: 916
Location: Minnesota
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666daGorehound666 wrote: I WANT AN ASTIN MARTIN. You need high pay job to get that and you said your unemployed so forget about it forever.
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666daGorehound666
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Post subject: Re: How much money do I need to retire? Posted: Sat Dec 24, 2011 10:29 am |
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| Master Reaper |
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Joined: Fri Oct 28, 2011 12:04 pm
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Li H'Sen Chang wrote: 666daGorehound666 wrote: I WANT AN ASTIN MARTIN. You need high pay job to get that and you said your unemployed so forget about it forever.
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Li H'Sen Chang
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Post subject: Re: How much money do I need to retire? Posted: Sat Dec 24, 2011 8:47 pm |
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| Halloween Master |
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Joined: Thu Oct 27, 2011 11:25 am
Posts: 916
Location: Minnesota
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Just get a Porsche for now.
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