Are you "lucky"if you have a secure retirement?

[jix]

A delicate balance when one looks - backwards.[/QUOTE]

nice way to put it...20-20 hindsight

 

[300UGUY]

One thing I don't understand is the professional advisors recommending bonds only, as you age. I really think stocks should be the primary investment, especially if you are still working at all.

 

[Buggs67]

Not knowing your career, I can not speak directly to it. But,, aren't you lucky to be alive and healthy??

Luck ALWAYS has something to do with it, ALWAYS.

Well, I'm alive, but I don't think that's luck. No reason I should be dead. SO I'll call it even. And I'm not healthy; some job related injuries and genetic. I'm not complaining. I'm happy with how things turned out. I always felt my luck was in not having any, good or bad.

 

[JDgreen227]

The way I look at it, being alive is a given while being healthy is a gift. One of the reasons I tried to retire early is because healthwise, males in my family history have very short lifespans. My dad died at 68, my grandfather at 51, my great-grandfather at 47. Lots of various types of cancer on both my mom's and dad's side. One type is genetic (prostate cancer) so I may not be around much longer. But at least can say I have had one heck of a good time the past 12 years. I have always admired those who continue working into their 70's and longer but who wants to get up and go to work at age 70-plus when you didn't sleep worth a darn last night, you ache all over, and your breakfast is decaf coffee and All-Bran?

Not this guy. So grateful I was able to jump off the treadmill on my own terms.

 

[DFB]

One thing I don't understand is the professional advisors recommending bonds only, as you age. I really think stocks should be the primary investment, especially if you are still working at all.

I think some today do suggest a slightly more aggressive approach to a percentage of your "semi" retirement investing simply because people are living longer today.
And generally the wife outlives the husband :shocked:

Again its a comfort level thing.

 

[DFB]

The way I look at it, being alive is a given while being healthy is a gift. One of the reasons I tried to retire early is because healthwise, males in my family history have very short lifespans. My dad died at 68, my grandfather at 51, my great-grandfather at 47. Lots of various types of cancer on both my mom's and dad's side. One type is genetic (prostate cancer) so I may not be around much longer. But at least can say I have had one heck of a good time the past 12 years. I have always admired those who continue working into their 70's and longer but who wants to get up and go to work at age 70-plus when you didn't sleep worth a darn last night, you ache all over, and your breakfast is decaf coffee and All-Bran?


Not this guy. So grateful I was able to jump off the treadmill on my own terms.

Enjoy it when u can JD You earned it!

 

[Travelover]

..........I have always admired those who continue working into their 70's and longer but who wants to get up and go to work at age 70-plus when you didn't sleep worth a darn last night, you ache all over, and your breakfast is decaf coffee and All-Bran?

Not this guy. So grateful I was able to jump off the treadmill on my own terms.

I think what is critical is to be in a position to make a choice. If a guy wants to be a Walmart greeter (or work any other job) when he is 70 because he enjoys it, that's cool. If he has to work because he can't afford not to, that's pretty sad.

 

[TomSeller]

Those on SS, how much do you receive each month?

 

[JDgreen227]

Those on SS, how much do you receive each month?

As for me, it's $1365 a month, I began collecting at age 62, just over a year and a half ago. 85% of it is taxed by the feds so I have 10% or $136.50 taken out in withholding per month. So....$1228.50 a month net.

 

[TomSeller]

There's a matrix that recommends the different type of women you should tolerate, depending if you just want to have fun, date or marry:
<img src="http://www.tractorbynet.com/forums/files/related-topics/411210-you-lucky-if-you-have-hot-crazy-matrix-png"/>

The dark blue is on that end of the hot scale? And what is it with a unicorn? I'm not sure I want to know.