- Li H'Sen Chang
- Halloween Master
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How much money do I need to retire?
I am try to retire anytime. How much money do I need to retire forever?
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- 666daGorehound666
- Master Reaper
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Re: How much money do I need to retire?
$375,768.00
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Re: How much money do I need to retire?
I would say more than $600,000!
- Li H'Sen Chang
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Re: How much money do I need to retire?
Is that real or just your guess?666daGorehound666 wrote:$375,768.00
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- Pumpkin_Man
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Re: How much money do I need to retire?
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,
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,
- 666daGorehound666
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Re: How much money do I need to retire?
IHAUNT PROBABLY HAS THAT IN ONE OF HIS BANK ACCOUNTS OR A MASON JAR SO HE MAY KNOW BETTER.Li H'Sen Chang wrote:Is that real or just your guess?666daGorehound666 wrote:$375,768.00
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Re: How much money do I need to retire?
My grandpa says that he has more than $55,000 in his bank acount.
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Re: How much money do I need to retire?
So anyone wish to make more money for retirement?
- Li H'Sen Chang
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Re: How much money do I need to retire?
How did you grandpa get that money?
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Re: How much money do I need to retire?
I dunno. He was the firefighter for 38 years.
Li H'Sen Chang wrote:How did you grandpa get that money?
- Li H'Sen Chang
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Re: How much money do I need to retire?
He should buy a Porsche.
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- 666daGorehound666
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Re: How much money do I need to retire?
I WANT AN ASTIN MARTIN.
- Li H'Sen Chang
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Re: How much money do I need to retire?
You need high pay job to get that and you said your unemployed so forget about it forever.666daGorehound666 wrote:I WANT AN ASTIN MARTIN.
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- 666daGorehound666
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Re: How much money do I need to retire?
YOU HURT MY FEELINGS BUT YOU SPEAK THE TRUTH SO MY FEELINGS ARE NOT HURT ANYMORE.Li H'Sen Chang wrote:You need high pay job to get that and you said your unemployed so forget about it forever.666daGorehound666 wrote:I WANT AN ASTIN MARTIN.
- Li H'Sen Chang
- Halloween Master
- Posts: 916
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- Location: Minnesota
Re: How much money do I need to retire?
Just get a Porsche for now.
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