Question for the 60 yr and over crowd
- Thread starter pharmvet
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malwayne55
Member
1. Take a serious look at when (earliest age) you would like to be able to retire and live comfortably and put a real plan in-place to make that happen (ex. regular/routine contributions to savings, 401K, 403B, IRA, etc).
2. Other than hunting (you probably won't do it 7 days/wk, 8 hrs/day every day) what will you do to keep busy that you'll find "enjoyable". Consider exploring new hobbies or venturing into new territories now!
2. Other than hunting (you probably won't do it 7 days/wk, 8 hrs/day every day) what will you do to keep busy that you'll find "enjoyable". Consider exploring new hobbies or venturing into new territories now!
Just 50, so does that make me a tweenager in this tread :laughing:
Best advice I got from an old timer was "Never turn your hobby your real job, or else it'll be your job and not your hobby anymore". :drink:
JDgreen227
Super Member
I congratulate you for showing such wisdom and hope my advice serves well, I will turn 61 this summer.
1. Do your best to save and/or invest for retirement, no matter how far down the road that seems to be.
2. Strive your utmost to give a day's work for a day's pay, hard work never hurt anyone, and demonstrate your reliabilty to your employers every chance you have.
3. Keep your promises, both large and small. Do what you say you will do, every time. Few things in life impress others more than knowing someone is trustworthy and dependable.
4. The third most important asset you can have, other than savings or a retirement account, is a good credit record.
5. Good health IS your second most important asset. Don't be like me, who is always cussing himself out for not taking better care of himself when he was younger.
6. Your most important assets are your spouse, kids, and family. Always remember that.
1. Do your best to save and/or invest for retirement, no matter how far down the road that seems to be.
2. Strive your utmost to give a day's work for a day's pay, hard work never hurt anyone, and demonstrate your reliabilty to your employers every chance you have.
3. Keep your promises, both large and small. Do what you say you will do, every time. Few things in life impress others more than knowing someone is trustworthy and dependable.
4. The third most important asset you can have, other than savings or a retirement account, is a good credit record.
5. Good health IS your second most important asset. Don't be like me, who is always cussing himself out for not taking better care of himself when he was younger.
6. Your most important assets are your spouse, kids, and family. Always remember that.
troutsqueezer
Veteran Member
1) If you are over thirty and enjoy a good glass of wine, you shouldn't be tweeting.
2) When people kid me about my age I tell them it's a privilege to be this old and I am very lucky because there are many, many people who don't make it this far.
3) Eschew religion. Religion is single most responsible for the death and destruction of millions upon millions of people.
4) There is no God. Extraordinary claims require extraordinary evidence and there is zero evidence one exists (those who wish to argue, save it....doesn't do any good).
5) Rap is not music, nor does it take any talent.
6) Musicians should be heard, not seen.
7) David Letterman is not funny.
8) Jimmy Fallon can't tell jokes, but he is funny.
9) Jay who?
10) Pay cash for everything, except if it is zero interest on the loan or if it is your first house.
2) When people kid me about my age I tell them it's a privilege to be this old and I am very lucky because there are many, many people who don't make it this far.
3) Eschew religion. Religion is single most responsible for the death and destruction of millions upon millions of people.
4) There is no God. Extraordinary claims require extraordinary evidence and there is zero evidence one exists (those who wish to argue, save it....doesn't do any good).
5) Rap is not music, nor does it take any talent.
6) Musicians should be heard, not seen.
7) David Letterman is not funny.
8) Jimmy Fallon can't tell jokes, but he is funny.
9) Jay who?
10) Pay cash for everything, except if it is zero interest on the loan or if it is your first house.
Egon
Epic Contributor
Eat well, drink Quality Beer and get plenty of naps!:thumbsup:
hr3
Veteran Member
Love the one your with,with all your heart and save save save and retire early so you can both enjoy more together.. !!
Folio
Bronze Member
Oh boy, pharmvet, you've got me hooked with this post. This was NOT how I was planning this evening. Happy now? :licking: Anyway, here goes...
I'm 67 and have "been around" as they say. I have several post-baccalaureate degrees and have traveled the world. I don't keep repeating the same dumb things (usually) expecting a different result. While there's a lot I've done I'm proud of, there's nearly as much I'd rather not talk about. One thing I've learned over time is that each stage and condition of life presents new mistakes to be made. Sometimes I've made them; sometimes I've been lucky and succeeded despite myself.
Smart as I think I am, I've learned (often painfully) is that I'm usually not smart enough to recognize good advice when I need it most. Pithy bromides have both sex appeal and more than a few grains of truth in them. Problem is, when you are ready to hear them for what they are--wisdom--water is already over the dam and you are where you've always been--on your own.
This is why I retired from teaching and consulting. Seldom did I see it making a difference. Every generation, seems to me, has to learn it's own lessons in its own way because each generation has to live in its own world, not the one we "seniors" lived in. Oh sure, we "veterans" can have an impact at the margins, but the fact is different people experience life in fundamentally different ways, very nearly on a daily basis. My kids are adults, but I often still have to bite my tongue when I watch them doing what they do. So stupid, I say to myself. In the next moment, I find myself on the horns of some "senior" dilemma I've never imagined having to face. Who's to say I'm any smarter at making my decisions now, in my world, than they are in theirs?
Bottom-line: I don't look in mirrors much anymore because I think I'm wiser than I was when mirrors mattered. Every day is an adventure I've never had before. Some I look forward to, others I dread. My only hope is that when I go to bed I night I can say, I learned something today I didn't know before. Somewhere, sometime, someone else knew this. Now it's my turn to discover it for myself.
My guess is this is why they call it "life."
I'm 67 and have "been around" as they say. I have several post-baccalaureate degrees and have traveled the world. I don't keep repeating the same dumb things (usually) expecting a different result. While there's a lot I've done I'm proud of, there's nearly as much I'd rather not talk about. One thing I've learned over time is that each stage and condition of life presents new mistakes to be made. Sometimes I've made them; sometimes I've been lucky and succeeded despite myself.
Smart as I think I am, I've learned (often painfully) is that I'm usually not smart enough to recognize good advice when I need it most. Pithy bromides have both sex appeal and more than a few grains of truth in them. Problem is, when you are ready to hear them for what they are--wisdom--water is already over the dam and you are where you've always been--on your own.
This is why I retired from teaching and consulting. Seldom did I see it making a difference. Every generation, seems to me, has to learn it's own lessons in its own way because each generation has to live in its own world, not the one we "seniors" lived in. Oh sure, we "veterans" can have an impact at the margins, but the fact is different people experience life in fundamentally different ways, very nearly on a daily basis. My kids are adults, but I often still have to bite my tongue when I watch them doing what they do. So stupid, I say to myself. In the next moment, I find myself on the horns of some "senior" dilemma I've never imagined having to face. Who's to say I'm any smarter at making my decisions now, in my world, than they are in theirs?
Bottom-line: I don't look in mirrors much anymore because I think I'm wiser than I was when mirrors mattered. Every day is an adventure I've never had before. Some I look forward to, others I dread. My only hope is that when I go to bed I night I can say, I learned something today I didn't know before. Somewhere, sometime, someone else knew this. Now it's my turn to discover it for myself.
My guess is this is why they call it "life."
Bob77064
Elite Member
Makes sense to me, I am 58.
creekbend
Super Star Member
Love, Friendship, and Respect. Everything else will fall into place. "As I grow older, I pay less attention to what men say. I just watch what they do" - Andrew Carnegie
