Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 03-17-2009, 05:25 PM   #21
Full time employment: Posting here.
GoodSense's Avatar
 
Join Date: Jul 2007
Posts: 678
No change here. Low profile as usual. I am 30 with a good job but still travel like a college student (overnight buses because I am too cheap to pay for a hotel, etc.). It's nice to know I can still do it and have not been spoiled by a stable income.
__________________

__________________
GoodSense is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-17-2009, 05:35 PM   #22
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,837
Some people at work are very much taken aback when I tell them I am tentatively planning to retire later this year. I can almost hear them thinking, "How can she afford that?" After explaining my plans, I always laugh and say, "well, tentatively, you know, depending on the market!" But you know - - it isn't like I am going to cancel my plans if the Dow goes down. It already did that.

Sometimes I remark on the price of gas, which doesn't really affect me since I only get my tank filled every six weeks.

I don't think most people that I know in real life think I am rich. I don't really feel rich though I might if the market keeps rising.
__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 03-17-2009, 05:43 PM   #23
Full time employment: Posting here.
hankster's Avatar
 
Join Date: Jan 2008
Posts: 645
We mostly stay low profile; small home, used cars, no expensive toys. However we do take some nice vacations and DW has noticed some resentment from a few co-workers. I think it has more to do with the amount of time off DW is able to take without pay due to my much higher salary and generous vacation allowance. She is working because she still enjoys her job, not because we need her income to get by. She could retire anytime she chooses. Her co-workers know this and it seems to tick off some of them
__________________
"There is no dignity quite so impressive, and no independence quite so important, as living within your means." Calvin Coolidge
hankster is offline   Reply With Quote
Old 03-17-2009, 05:51 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Hell, that ticks me off...
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 03-17-2009, 05:56 PM   #25
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,036
Quote:
Originally Posted by Bikerdude View Post
Define "rich". I'm not sure I qualify.
We did a survey a few weeks ago. The vast majority of people on this forum declared themselves millionaires. Since only about 8% of the population belongs to that club, I think that millionaires could be described as rich. And if you are 40/50 years old and you can afford to stay in your PJs at home all day, I think that only on ER.org would we question whether or not that qualifies as rich.
__________________
FIREd is online now   Reply With Quote
Old 03-17-2009, 05:59 PM   #26
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Location: North of Montana
Posts: 2,753
Quote:
Originally Posted by jug View Post
Well, I still wear torn underwear, old shirts, stained pants, shoes with card board in the soles, don't shave, have flies buzzing around me, but I have given up my gold chains

jug
Quote:
Originally Posted by Notmuchlonger View Post
Ha I knew I wasn't the only one who wore torn underwear!
You guys splurge on underwear? Why?, no one knows if you are wearing any. Arg, I can't stand you spendthrifts.
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
kumquat is offline   Reply With Quote
Old 03-17-2009, 06:02 PM   #27
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Quote:
Originally Posted by kumquat View Post
You guys splurge on underwear? Why?, no one knows if you are wearing any. Arg, I can't stand you spendthrifts.
Right over the plate too. So many possibilities. But Ill behave.
__________________
Notmuchlonger is offline   Reply With Quote
Old 03-17-2009, 06:02 PM   #28
Dryer sheet aficionado
 
Join Date: Mar 2009
Posts: 29
Quote:
Originally Posted by FIREdreamer View Post
But, with the current economic and political climate, are you taking any extra steps to keep a low profile?
Yes. A lot of co-workers' spouses have gotten laid off. It's also hard to keep my trap shut whenever I get prayer requests regarding certain relatives that want God to help the bank pass a re-fi on their home bought with a zero-interest adjustable loan so they can get a much-needed $50/month back (yes, this actually happened).
__________________
Cruising2022 is offline   Reply With Quote
Old 03-17-2009, 06:05 PM   #29
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
freebird5825's Avatar
 
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,017
Quote:
Originally Posted by kumquat View Post
You guys splurge on underwear? Why?, no one knows if you are wearing any. Arg, I can't stand you spendthrifts.
I've heard that those 5 lb onion bags make great...um...well, you know.
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
freebird5825 is offline   Reply With Quote
Old 03-17-2009, 06:08 PM   #30
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,036
Quote:
Originally Posted by freebird5825 View Post
I hear ya.
Been there done that as a DINK couple, both GS-13 Engineers. No matter what you do, there will always be a grouse who has to try to ruin your day. Today's economy may drive the frequency of comments in an exponential fashion.
Freebird's Method of How to Deal with Disagreeable Comments...
Plan A: Smile and wave .
Plan B: Wave and smile.
Plan C: KMG (G stands for grits)

Good plan to keep asset details to yourselves, even family. Some would say "especially" family.
Given my fiery personality, I'd probably go directly for plan C...
__________________
FIREd is online now   Reply With Quote
Old 03-17-2009, 07:04 PM   #31
Full time employment: Posting here.
Cattusbabe's Avatar
 
Join Date: Apr 2006
Posts: 814
Quote:
Originally Posted by kumquat View Post
You guys splurge on underwear? Why?, no one knows if you are wearing any. Arg, I can't stand you spendthrifts.
Why? It keeps the fur out of the zipper thats why.

As to the original post. DH and I have always been on the DL re. our money. for a lot of reasons its best to keep it that way.
__________________
A todos los amantes del mundo. No importa el color de su piel, la pasion es universal.
_______________

La tavola e il letto non hanno restrizioni.
_____________
Any day your on this side of the grass is a good day.
Cattusbabe is offline   Reply With Quote
Old 03-17-2009, 07:13 PM   #32
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
 
Join Date: Jan 2007
Location: Independence
Posts: 5,459
H'whoa. My name is Elmer J. Fudd, millionaire. I own a mansion and a yacht.

Not.

Drive a '93YO station wagon with the back seat pulled out so the rental supplies all fit. Honey's car is older, an '89. Live in an old house that cost $30,000 (to start). We buy new underwear, but most of our clothes are second hand. OTOH, more goes into savings every month than we spend on living expenses and the gal can jump on the big bird every month to go down and take care of her Mom - and it doesn't pain my cheepazz self. Haven't heard anyone being snide about our income or holdings, i suspect because we are not tall poppies here. Not much lifestyle change a-tall.
__________________
calmloki is offline   Reply With Quote
Old 03-17-2009, 07:23 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Hmmm - I bought new $35 plus tax C.E. Schmidt bib overalls from Tractor Supply for the last New Orleans trip and let them toss in a free car wash when I paid for an oil change after we got back.

Love to to show off and rub their nose in it -once in a while.

However - 1100 sq ft house in an old burb(built 1970's) - working class/retired.

heh heh heh - The ORP calc says we should be spending 20-30% more in retirement since we aren't getting any younger - BUT the current unpleasantness has a sub concious damper - more so than any actual criticism from friends/family.
__________________
unclemick is offline   Reply With Quote
I would say that most of us are not rich by any reasonable standard.
Old 03-17-2009, 07:27 PM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,382
I would say that most of us are not rich by any reasonable standard.

What we are is very frugal.

As to profile I don't think I have anything to worry about. Panhandlers don't ask me for money, they just say "high, nice day", or "gotta cigarette?"

ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is online now   Reply With Quote
Old 03-17-2009, 07:38 PM   #35
Thinks s/he gets paid by the post
 
Join Date: Aug 2002
Posts: 1,322
I'm far from "rich," and yet DW and I enjoy close to the same lifestyle we would if we were wealthy. I mean, if we had another X zillion $, I don't know what we would do with it, other than give it away to family and charity.

I also don't like the phrase LBYM, since that connotes having to do without things that you could afford, yet you consciously don't spend money on in order to afford early retirement. The problem I have with that is, if I couldn't afford early retirement, I would not be retired, I'd still be working for the day when I could afford to retire. So we live within our means, and can ride out good or bad markets as need be with a combination of pensions, cash, and investments. Our retired lifestyle includes sailing, travel, hobbies, family, etc, and we live it to the full within our means.

As far as keeping a low profile, we don't keep a high or a low profile, we basically live our lifestyle and have friends with similar interests. We never brag about what we do, but if we do something that to us is interesting, we talk about it. If someone doesn't want to hear it, that's fine, but we're not about to change the way we live to adjust to what others may or may not want to accept.
__________________
FinallyRetired is offline   Reply With Quote
Old 03-17-2009, 07:44 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
 
Join Date: Jan 2007
Location: Independence
Posts: 5,459
Quote:
Originally Posted by FinallyRetired View Post
...
I also don't like the phrase LBYM, since that connotes having to do without things that you could afford, yet you consciously don't spend money on in order to afford early retirement. ....

I like "Live well below your means". Both senses.
__________________
calmloki is offline   Reply With Quote
Old 03-17-2009, 08:02 PM   #37
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,031
My 92 year old Mom( who lives on SS and a small pension )was visiting last week and she offered me money .That really made me laugh . She also said I need a new car . So I guess do not have to worry about the low profile .
__________________
Moemg is offline   Reply With Quote
Old 03-17-2009, 08:20 PM   #38
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Thats so funny. For the longest time the in laws were on us about getting a new car. The paint was faded from CA sun but it was a good runner. Might have something to do with that generation
__________________
Notmuchlonger is offline   Reply With Quote
Old 03-17-2009, 08:40 PM   #39
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
 
Join Date: Mar 2005
Location: Chicago
Posts: 9,965
I think the most obvious example of folks NOT keeping a low profile are those who feel compelled to talk about others who don't LBYM, adopt a DINK lifestyle and those sort of things. If you're keeping a low profile, you don't need to comment about others chosing to walk a different path.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is offline   Reply With Quote
Old 03-17-2009, 08:54 PM   #40
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Quote:
Originally Posted by youbet View Post
I think the most obvious example of folks NOT keeping a low profile are those who feel compelled to talk about others who don't LBYM, adopt a DINK lifestyle and those sort of things. If you're keeping a low profile, you don't need to comment about others chosing to walk a different path.
Hey, if they'll invite me over to their McMansion and let me lounge in their pool while tooting their coke and drinking their champagne, I'll reconsider...

I'm not, nor do I ever expect to be, "rich". My lbym lifestyle is an attempt to trade a j*b for freedom, which is more important to me than most material things I can think of. If I had more resources, I'd undoubtedly loosen the purse strings a bit... But I'd still rather go somewhere and/or do something than to own, say, a Rolex.
__________________

__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Warning to Boomers: Difficult Questions Ahead Dog FIRE and Money 2 04-06-2007 10:25 PM
A bit difficult to register... Leveret Forum Admin 2 01-18-2007 02:08 PM
Wow! Quitting a Job is Difficult BunsGettingFirm Young Dreamers 24 04-28-2006 07:25 PM
Warm,Low cost of living,No/Low taxes, inexpensive golf & water sports JohnnieRed Life after FIRE 60 01-16-2006 10:54 AM
Are the last 8 months the most difficult? dex Other topics 1 08-29-2005 12:46 PM

 

 
All times are GMT -6. The time now is 02:25 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.