Annuities

[arrete]

Since I use it all the time - here is my two cents:

unclemick2 - are you talking about the data-based SWR tool or Butch's Pink Panties (which I find light in the whiskey department). If the former, is there anyway to say what it is in a sentence or 2? So far it seems like randomly-crunched numbers.

I'm not looking for a specific recommendation. Just an abstract of what it actually is.

arrete

 

[arrete]

Kayack on turtle! Wonderful.

About animals with guns - you are so late on this one.

http://www.theflasharchive.com/f/f-50.htm

I have the CD and the t-shirt. Heh.

arrete - they have a slight artistic problem. Udders on bulls?

 

[Cut-Throat]

BigMoneyJim - I love your new tag line.

TH - I found these, but I can't keep up with you. Are we using up all of dory's storage space?

LMAO BMOOMN ROTF WTRDMC


Laughing my Ass Off - Blowing Milk Out Of My Nose Rolling On The Floor With Tears Running Down My Cheeks.

I can't stop laughing - This is got to be the funniest thing I've seen this year.

 

[Tony2002]

:Hyperborea

I don't believe that is the typical person here. This is Not someone who is about to retire.


I will only invest my time on a real situation.

Anyone else

I will check back late tonight.

Tony

 

[cute fuzzy bunny]

Tony stands ready to help with a real situation.

With a pizza on his head.

 

[unclemick]

Tony - I repeat

Single age 61, 62 in 3 mo.'s- 1200/mo in SS

750k trad IRA, 150k in taxable dividend stocks, 100k timberland.

 

[Hyperborea]

:Hyperborea

I don't believe that is the typical person here. This is Not someone who is about to retire.


I will only invest my time on a real situation.

That is a real situation for someone who would want to retire.  The only change to the numbers from "reality" is the required dollar amount.  It was normalized to $40K so that it could be more easily compared to the historical SWR calculations.  Does your annuity "solution" cost more than $1M that an about $40K would require?

If you don't believe that then you're on the wrong forum.  Perhaps you'd want to figure out the numbers for someone who's 38, lives in Texas, no spouse so no joint annuity, and needs $40K / annum inflation adjusted?  That's another real situation from a real retiree with the dollars required normalized to $40K.

 

[unclemick]

Arrete

Read the sticky's under SWR Reasearch over at NFB.

If you can abstract that down to a sentence or two - my hat is off to you.

In fact you will deserve a double - Pink Panty that is.

I'll buy.

 

[intercst]

Here's ***** with a pizza on his head.

 

[cute fuzzy bunny]

John, surely you can do a better job of cutting around the edges of that pizza before pasting it on the head...

 

[laurence]

Re: Cows with guns - well, now I have to get a new keyboard, since this one just got sprayed with my drink!

*****, you ever read Robert Kiyosaki's series "Rich Dad, Poor Dad"? Your posts read like his books. I've read all your posts here, went through the no fee boards posts of yours, and I'm not finding anything......and if it's true your method would have caused people to miss out on the great bull market of the 90's well, that pretty much cinches it, eh? The fact that you aren't even using it yourself, well! Also, I notice you take a decidedly less polite tone on the NFB boards, pretty caustic stuff, and your friend there takes some pretty harsh shots at Dory, too. And what's this about "taking someone out", threatening someone on the message board? Wow.

......I think I'm clued in TH

 

[intercst]

John, surely you can do a better job of cutting around the edges of that pizza before pasting it on the head...

My pizza cutter is in the dishwasher.

intercst

 

[Mr._johngalt]

I wrote a really dumb ***** focus poem. After I reread the prior posts, I decided I would not lower myself to add dignity
to this thread. This has got to be the most wacko stuff
I have seen since ed_teach showed up. Pretty funny though

JG

 

[cute fuzzy bunny]

My pizza cutter is in the dishwasher.

intercst

Oh COME ON John...I gave you the clear opening for "...and dont call me shirley".

Retirement has dulled your edge.

 

[arrete]

Re: Cows with guns - well, now I have to get a new keyboard, since this one just got sprayed with my drink!

Awww, shucks.  I'm glad you liked it.  My favorite cow - belted galloway!

arrete - I'm sure TH can put something on top of them.  Maybe a martini!

 

[arrete]

Oh COME ON John...I gave you the clear opening for "...and dont call me shirley".

My daughter watched that before going to her first interview. She should have watched Office Space. Which she owns now, BTW. I borrow it occasionally to remind me how lucky I am.

arrete

 

[arrete]

Read the sticky's under SWR Reasearch over at NFB.
If you can abstract that down to a sentence or two - my hat is off to you.
In fact you will deserve a double - Pink Panty that is.

Well, no drinks for me (darn!). I got kinda lost when JWR talked about 1) confidence intervals for the straight Shiller data ? It's just data! and 2) why it's OK to jettison some of the data. Well, that's handy.

I've done a lot of data analysis in my life, and I never chuck data because it's inconvenient. I find this whole thing depressing - and still no one can say what the data-based SWR tool is in a sentence or two.

Might as well go look for other militant animals.

arrete

 

[BigMoneyJim]

Re: Annuitie

Does that make it any less funny?

Not at all. I just thought we were cutting and pasting this thread.

Actually I was a bit disappointed...up until the turtle coffee table I had assumed that was your cat, dog and bunny, and that you were spending the day placing food on their heads and taking digital photos. Somehow it's less special that those pics were taken in the past and they're someone else's abused animals.

BigMoneyJim - I love your new tag line.

Thanks! It makes me feel much more important. Do I sound more convincing now?

 

[cute fuzzy bunny]

Very convincing.

I'm sorry for the delusion, I will assure that all photos from here on out will be of people and animals that I know or have been in my dreams.

 

[intercst]

Tony2002 is obviously cutting and pasting. There are at least 4 occurrences verbatim of one or more of his paragraphs in this thread, but most caught on to the marketing "feel" from the first post. If intercst starts cutting and pasting I'll complain about him, too. If intercst goes TMF and starts selling investment advice I'll be very leery of him. In fact I asked him a while back about his interview in the TMF article pushing their advisor service--that is, the article pushed the service, not intercst, but he was described and quoted in the article. I didn't see an answer, but I come and go and lost the thread. I'm curious about his response, though.

I don't remember being quoted in an article pushing the TMF advisor service, do you have a link? I'm not saying it's untrue, just don't remember the quote.

I have written two articles for TMF's retirement newsletter; one on the 4% SWR, the other on why an immediate life annuity isn't a good deal for most retirees. Both articles point out the virtue of not hiring an advisor.

intercst

 

[BigMoneyJim]

I don't remember being quoted in an article pushing the TMF advisor service, do you have a link? I'm not saying it's untrue, just don't remember the quote.

I have written two articles for TMF's retirement newsletter; one on the 4% SWR, the other on why an immediate life annuity isn't a good deal for most retirees. Both articles point out the virtue of not hiring an advisor.

Okay, I did some searching and found it. It was the one where the guy looked like Al Bundy. And my memory is faulty--you weren't quoted, and you weren't mentioned by name, but it was obvious one part refered to you. I asked if you had been interviewed for the piece or if you had been profiled from a distance, as he suggests he profiled a person by the description of who long-time REHP'ers must assume is you. I'll edit my previous post in this thread.

Link: My post questioning you.

BTW, intercst, did this guy interview you for when he profiled you for his newsletter, or did he profile you from a distance? At first I was surprised you'd bother to be in someone else's paid newsletter, but TMF has been good to you.

Link: TMF article that refered to you but not by name.

In my Rule Your Retirement newsletter, I regularly profile people who have retired and live enviable lives (some as young as 38!). One fellow left his job as an engineer and now travels four months a year and maintains a website about early retirement.

EDIT: I modified the earlier post in this thread:

In fact I asked him a while back about his interview in the TMF article pushing their [Rule Your Retirement newsletter]--that is, the article pushed the [newsletter], not intercst, but he was described and quoted in the article. I didn't see an answer, but I come and go and lost the thread. I'm curious about his response, though. Corrected paragraph: Intercst was not named or interviewed in the article, although the article says the newsletter interviews retirees and gives an example person who sounds like he must be intercst. Follow this link for clarification.

EDIT 2: Had to change my earlier post again and then the quote here after I realized I said they pushed the TMF Advisor, but it's the Rule Your Retirement newsletter. Heh, had to backoff on the strikeouts and just replace some words because that message is right at the max size for this board.

EDIT 3: I'm sorry, how silly of me to respond directly with references to a factual question. I should have just stood my ground, dodged the question and accused you of repressing me. That's what we're doing in this thread, right?

 

[intercst]

Okay, I did some searching and found it. It was the one where the guy looked like Al Bundy. And my memory is faulty--you weren't quoted, and you weren't mentioned by name, but it was obvious one part refered to you. I asked if you had been interviewed for the piece or if you had been profiled from a distance, as he suggests he profiled a person by the description of who long-time REHP'ers must assume is you. I'll edit my previous post in this thread.

Link: My post questioning you.

Link: TMF article that refered to you but not by name.

EDIT: I modified the earlier post in this thread:

EDIT 2: Had to change my earlier post again and then the quote here after I realized I said they pushed the TMF Advisor, but it's the Rule Your Retirement newsletter. Heh, had to backoff on the strikeouts and just replace some words because that message is right at the max size for this board.

That's it. The two articles I wrote appeared in the "Rule Your Retirement" newsletter.

Billy Kaderli (http://www.geocities.com/ba264/) wrote an article or was interviewed for the newsletter, too.

Don't know if they've approached ***** yet. <LOL>

intercst

 

[Hyperborea]

Hyper bore

Ho ho, I see that you've decided to unleash that razor sharp wit of yours again. This is the absolute pinnacle of what you've shown. Do you work acrostic puzzles all the time in ER to keep your word skills so keen?

Tony seems to be easily confused. I'm NOT sure he even noticed the "early" in the forum's title. OR perhaps he really believes 60 is as early as it gets.

I was hoping that by hitting him over the head with a couple of examples that he might see the point but instead he's decided to dismiss them out of hand.

 

[hocus]

The title of the thread is "annuities." The content of the thread is "growing pains."

 

[Tony2002]

: I thought this was an earily retirement message board.

When majority of people talk about early retirement that has always meant to me age 55 to age 62.

With all the nonsense you people are posting here, I now know that all of you are under age 30.

I think your link should be removed from the AARP website which is how I found this site because the discussion sever no purpose for those age 55 and UP!

I will try this one last time!

As I keep saying, what I did works great for me.

I believe it could work great for someone else on this board.

Since, you don't believe the annuity amounts that I bought back in May 2004, I have a challenge for 1 person who is about to retire.

Give me the dollar amount that you want to spend each month in retirement along with your birthdate, sex and the state in the USA you live in.

I will do the research and tell you the exact amount you need to buy the immediate annuity that will pay you this income life.

This will take me a couple of days to do as I need to contact the person I dealt with and ask him to get me the amounts.

Please only do this if you are about to retire or already retired thinking about another way to get income.

Post your information and I will select the post I understand.

I will only do this for a real example. If its not a real example you will not see what I saw from this strategy.

Is anybody up to this challenge

Tony

P.S. If I don't get a real situation of a poster about to retire, I will not ask this again.