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How much money do I need to retire?

Posted: Mon Dec 12, 2011 12:53 pm
by Li H'Sen Chang
I am try to retire anytime. How much money do I need to retire forever? :?

Re: How much money do I need to retire?

Posted: Mon Dec 12, 2011 7:03 pm
by 666daGorehound666
$375,768.00

Re: How much money do I need to retire?

Posted: Mon Dec 12, 2011 9:16 pm
by iHaunt
I would say more than $600,000! :D

Re: How much money do I need to retire?

Posted: Mon Dec 12, 2011 10:36 pm
by Li H'Sen Chang
666daGorehound666 wrote:$375,768.00
Is that real or just your guess?

Re: How much money do I need to retire?

Posted: Tue Dec 13, 2011 5:10 pm
by Pumpkin_Man
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,

Re: How much money do I need to retire?

Posted: Tue Dec 13, 2011 10:12 pm
by 666daGorehound666
Li H'Sen Chang wrote:
666daGorehound666 wrote:$375,768.00
Is that real or just your guess?
IHAUNT PROBABLY HAS THAT IN ONE OF HIS BANK ACCOUNTS OR A MASON JAR SO HE MAY KNOW BETTER.

Re: How much money do I need to retire?

Posted: Wed Dec 14, 2011 12:37 am
by iHaunt
My grandpa says that he has more than $55,000 in his bank acount.

Re: How much money do I need to retire?

Posted: Wed Dec 14, 2011 12:38 am
by iHaunt
So anyone wish to make more money for retirement?

Re: How much money do I need to retire?

Posted: Wed Dec 14, 2011 9:35 am
by Li H'Sen Chang
How did you grandpa get that money? :?

Re: How much money do I need to retire?

Posted: Wed Dec 14, 2011 12:09 pm
by iHaunt
I dunno. He was the firefighter for 38 years.

Li H'Sen Chang wrote:How did you grandpa get that money? :?

Re: How much money do I need to retire?

Posted: Wed Dec 14, 2011 12:27 pm
by Li H'Sen Chang
He should buy a Porsche. :)

Re: How much money do I need to retire?

Posted: Thu Dec 22, 2011 10:36 pm
by 666daGorehound666
I WANT AN ASTIN MARTIN.

Re: How much money do I need to retire?

Posted: Fri Dec 23, 2011 8:27 am
by Li H'Sen Chang
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.

Re: How much money do I need to retire?

Posted: Sat Dec 24, 2011 1:29 pm
by 666daGorehound666
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.
YOU HURT MY FEELINGS BUT YOU SPEAK THE TRUTH SO MY FEELINGS ARE NOT HURT ANYMORE.

Re: How much money do I need to retire?

Posted: Sat Dec 24, 2011 11:47 pm
by Li H'Sen Chang
Just get a Porsche for now.