Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 08-21-2014, 07:56 PM   #81
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 1,905
Yes, NW that modest motorhome is not "Rocinante" by chance?
__________________

__________________
ejman is online now   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 08-21-2014, 08:01 PM   #82
gone traveling
 
Join Date: Sep 2013
Posts: 1,248
BTW Steinbeck was your age 58 when he went out to rediscover America.

Happiness/fulfilment in life does not cost huge sums of money.
__________________

__________________
eta2020 is offline   Reply With Quote
Old 08-21-2014, 08:09 PM   #83
gone traveling
 
Join Date: Sep 2013
Posts: 1,248


This is an National Anthem of Gipsies who lived out of vagons in part of Europe I am from.

It is lovely IMO.

Good Night!
__________________
eta2020 is offline   Reply With Quote
Old 08-21-2014, 08:18 PM   #84
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,432
I did read and enjoy "Travels with Charley" when I was shopping for a motorhome.

But back on the uncertainties of life that no software planning tools can help us with, one should think about them and mentally prepare to cope. What if the OP's friends can no longer spend $100K? It's not the end of the world. It can't be! So, what's the problem?

People are diagnosed everyday with serious life threatening illnesses. They cope and deal with it. Unless one is in the most destitute financial condition, lack of money should not be a life-and-death problem unless one lets it become one. Most people here who have saved enough to contemplate ER should have the requisite survival skills already.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 08-21-2014, 08:57 PM   #85
gone traveling
 
Join Date: Sep 2013
Posts: 1,248
Being FI is liberating but it also makes one realise even more that we all have to die. I never felt it as much as after becoming FI.
__________________
eta2020 is offline   Reply With Quote
Old 08-21-2014, 09:15 PM   #86
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,432
Yes. We cannot take it with us. Some people worry about having enough money until their 100s. I am never that optimistic that I will live that long, but if I do, I am sure I will not be so caring about spending much money when I get to that age.

So, 3%WR or 4%WR, it may not matter that much, if we realize that if things turn out worse than we thought, we have the ability to cope. Humans always do. Even here in the US and not some 3rd-world countries, we see people whose life get devastated by hurricanes, tornadoes, floods, etc... And they survive. And of course there are personal tragedies happening every single day that people never thought that could happen to them or their loved ones, and these are things that one can never plan for.

Back on FIRECalc and retirement calculators, there's really no reason to worry so much about it. Unclemick never did run any FIRECalc when he went into not-quite-voluntary retirement, and he managed to do fine (and have war stories to tell ).
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 08-21-2014, 09:54 PM   #87
Thinks s/he gets paid by the post
Spanky's Avatar
 
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,046
Quote:
Originally Posted by NW-Bound View Post
Yes. We cannot take it with us. Some people worry about having enough money until their 100s. I am never that optimistic that I will live that long, but if I do, I am sure I will not be so caring about spending much money when I get to that age.

So, 3%WR or 4%WR, it may not matter that much, if we realize that if things turn out worse than we thought, we have the ability to cope. Humans always do. Even here in the US and not some 3rd-world countries, we see people whose life get devastated by hurricanes, tornadoes, floods, etc... And they survive. And of course there are personal tragedies happening every single day that people never thought that could happen to them or their loved ones, and these are things that one can never plan for.

Back on FIRECalc and retirement calculators, there's really no reason to worry so much about it. Unclemick never did run any FIRECalc when he went into not-quite-voluntary retirement, and he managed to do fine (and have war stories to tell ).
Nice post. It's difficult to plan for everything since the future is uncertain.
__________________

__________________
May we live in peace and harmony and be free from all human sufferings.
Spanky 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
Hi - 52 and have had Enough! Do I have enough? enough Hi, I am... 28 02-06-2014 11:46 PM
Does anybody have a feeling they have too many online accounts? Mulligan Other topics 30 08-30-2011 02:56 PM
401ks and IRAs are they enough? chinaco FIRE and Money 52 12-02-2008 08:45 PM
They should be careful what they wish for.. Brat Other topics 2 01-01-2006 03:24 PM

 

 
All times are GMT -6. The time now is 02:53 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.