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03-12-2011, 06:01 AM
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#1
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Dryer sheet aficionado
Join Date: Jan 2011
Posts: 48
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Prone to Rant
Hi All,
This is actually not my first post even though it probably should have been. It would have been polite to have introduced myself before going off on a rant in another forum. Fair warning; I do love to debate (rant) social and political topics of the day. In fact, I expect that I will fill much of my retirement doing just that.
Speaking of retirement, I am hoping, planning, pretty sure to be be out of the door in one more year. I am 57 this week and my wife is a couple years younger.
We have built a pretty good nest egg, have no debts and own our home. You have probably guessed by now, correctly, that we must not have kids.
My wife will work for maybe a year past my retirement but not much more. I think we will be OK but like most of you here, I have a little trepidation. It will be a big change and I tend to worry about everything.
I have enjoyed your conversations, advice and witty repartee for several weeks and it's high time I introduced myself.
Howdy!
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03-12-2011, 06:08 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Quote:
Originally Posted by Aruba50
Hi All,
This is actually not my first post even though it probably should have been. It would have been polite to have introduced myself before going off on a rant in another forum. Fair warning; I do love to debate (rant) social and political topics of the day. In fact, I expect that I will fill much of my retirement doing just that...............
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Welcome. Don't worry, ranters quickly end up on ignore lists.
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03-12-2011, 06:13 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,003
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Quote:
Originally Posted by Aruba50
Fair warning; I do love to debate (rant) social and political topics of the day.
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Welcome to the forum.
Given your comment above, I wanted to be sure you saw this particular section of the Community Rules:
Quote:
Although we don't have a laundry list of inappropriate topics, discussion of subjects such as politics (unless directly related to early retirement), gun rights and abortion rarely end well. For this reason the moderation team may delete discussions of these topics as well as any other topic deemed to be inappropriate.
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These rules limit political debates/ranting, and thankfully help make make this board congenial rather than confrontational.
__________________
Numbers is hard
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03-12-2011, 06:14 AM
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#4
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Dryer sheet aficionado
Join Date: Jan 2011
Posts: 48
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travelover: You're nickname describes one of the things I worry we will have to cut back in retirement. We also love to travel and I hope I am not being unrealistic in thinking we will be able to keep it up.
I don't much like to be on ignore lists so I will keep the "ranting" in check.
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03-12-2011, 06:33 AM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Quote:
Originally Posted by Aruba50
travelover: You're nickname describes one of the things I worry we will have to cut back in retirement. We also love to travel and I hope I am not being unrealistic in thinking we will be able to keep it up...........
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Travel doesn't have to be expensive. Lots of money saving ideas kicked about here.
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03-12-2011, 06:39 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Feb 2010
Location: Cavalier
Posts: 2,317
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Welcome to the forum.
__________________
"Don't take life so serious, son. It ain't nohow permanent." Pogo Possum (Walt Kelly)
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03-12-2011, 07:43 AM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,201
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Welcome aboard, you'll fit right in here.
Sounds like you'll be in the FIRE Related Political Topics forum often, interesting discussions there sometimes. And more civilized than most outright political forum sites - thanks largely to our outstanding Moderators who we don't thank often enough.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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03-12-2011, 08:31 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
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Welcome to the forum. Can you tell us a little more about your financials eg how will you finance your retirement? Sounds like you enjoy travel. Will this be a major expense?
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03-12-2011, 08:52 AM
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#9
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Dryer sheet aficionado
Join Date: Jan 2011
Posts: 48
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Quote:
Originally Posted by Danmar
Welcome to the forum. Can you tell us a little more about your financials eg how will you finance your retirement? Sounds like you enjoy travel. Will this be a major expense?
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Well, we have about 1.1 mil in savings probably 70/30 securities to safe investments. I will receive a company pension of about 28K (non-indexed) and my wife will receive a company pension of about 43K (non-indexed). We will both be eligible for Canada pensions of about 5k each at 60 or about 11k each if we wait to claim at 65. We will both have health benefit plans in retirement and in Canada, health coverage is never an issue in any case.
Our investments probably return about 30-40K annually.
We like to travel in Europe in particular but have many destinations in mind. I love travelling in the U.S. and have much to see there also.
I envy all of those here that have experienced that first morning when you wake up and realize that you will never have to go to work for someone else again.
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03-12-2011, 08:58 AM
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#10
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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Quote:
Originally Posted by Aruba50
witty repartee
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What forum are you on, exactly? ....
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03-12-2011, 09:02 AM
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#11
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Dryer sheet aficionado
Join Date: Jan 2011
Posts: 48
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Quote:
Originally Posted by rescueme
What forum are you on, exactly? ....
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Well...repartee...if not outright hilarious
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03-12-2011, 09:08 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
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Sounds like a very secure retirement, congrats.
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03-12-2011, 09:09 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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Hello Aruba50 - welcome to the forum.
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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03-12-2011, 10:10 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Posts: 12,597
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It would never have occurred to me that opinionated persons, with younger spouses and paid-off homes, would not have kids. In fact I can think of several examples, but I don't want to start an argument
Amethyst
Quote:
Originally Posted by Aruba50
Hi All,
. Fair warning; I do love to debate (rant)...
Speaking of retirement, I am hoping, planning, pretty sure to be be out of the door in one more year. I am 57 this week and my wife is a couple years younger.
We have built a pretty good nest egg, have no debts and own our home. You have probably guessed by now, correctly, that we must not have kids.
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__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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03-12-2011, 10:34 AM
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#15
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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I'm surprised someone from Canada enjoys ranting--clean air, great health care, low population--what's not to like?
Also don't see why we would have guessed you don't have children, Aruba, but you must have your reasons .
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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03-12-2011, 12:03 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,819
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Quote:
Originally Posted by Bestwifeever
Also don't see why we would have guessed you don't have children, Aruba, but you must have your reasons .
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Yes, not only would I not have guessed it, I wouldn't have even thought to guess it. It wouldn't have occurred to me, either way.
Sure, kids are an expense, but it doesn't preclude an early retirement. A higher paying job/jobs, or any number of things can certainly offset the expense. And some people have hobbies that cost more than kids. I guess one could say "You have probably guessed by now, correctly, that we must not have any expensive hobbies"?
-ERD50
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03-12-2011, 12:34 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,151
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Quote:
Originally Posted by Aruba50
I am 57 this week and my wife is a couple years younger.
We have built a pretty good nest egg, have no debts and own our home. You have probably guessed by now, correctly, that we must not have kids.
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This statement is a tad confusing. Why would we guess you must not have kids? Others, including myself, had a pretty good nest egg, no debts and owned their own home at 57 and did raise a family.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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03-12-2011, 12:45 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by youbet
This statement is a tad confusing. Why would we guess you must not have kids? Others, including myself, had a pretty good nest egg, no debts and owned their own home at 57 and did raise a family.
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But of course we in this category were fortunate to be able to lease them out at a good return.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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03-12-2011, 12:50 PM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,151
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Quote:
Originally Posted by haha
But of course we in this category were fortunate to be able to lease them out at a good return.
Ha
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Dang it Ha, you hit the nail right on the head again! Yep, frugal living and good rates on leasing out the kids = FIRE everytime! Our secret is out now.......
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
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03-12-2011, 12:52 PM
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#20
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Dryer sheet aficionado
Join Date: Jan 2011
Posts: 48
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Quote:
Originally Posted by ERD50
Yes, not only would I not have guessed it, I wouldn't have even thought to guess it. It wouldn't have occurred to me, either way.
Sure, kids are an expense, but it doesn't preclude an early retirement. A higher paying job/jobs, or any number of things can certainly offset the expense. And some people have hobbies that cost more than kids. I guess one could say "You have probably guessed by now, correctly, that we must not have any expensive hobbies"?
-ERD50
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I meant it as a joke only....sheeesh!
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