Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-17-2012, 09:15 AM   #41
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by Lazarus View Post
I would take the $50.
Me too. I'm going to take the check every month and buy myself a nice dinner and think fondly of my first job...
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny 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 10-17-2012, 09:17 AM   #42
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 13,290
Quote:
Originally Posted by Lazarus View Post
I would take the $50.
+1

My dad qualified for a very small pension back in the 60s... he chose to have survivor benefits... it started paying out in the early 70s at about $20 or so per month...

When my dad died, my mom started to get it. But, they would increase the payout every few years... but there was a minimum increase... so now my mom is getting over $100 per month (I think it is $150, but not sure) and has been getting this check for about 40 years...
__________________

__________________
Texas Proud is offline   Reply With Quote
Old 10-17-2012, 09:26 AM   #43
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,444
When these bitty pensions, IRA accounts, or 401Ks show up in statistics, people will shake their heads and say "here is another guy or gal headed for the underbridge".

Quote:
Originally Posted by cute fuzzy bunny View Post
Me too. I'm going to take the check every month and buy myself a nice dinner and think fondly of my first job...
I dunno. Is it COLA'ed? If not, in 20 years, it may just buy a McDonald special.

I may also have a bitty pension with one of the megacorps I have been with. Darn! Better go check. Once a month, I will get out from my underbridge to go get a burger. Better than nothing, I guess.
__________________
"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 10-17-2012, 09:36 AM   #44
Thinks s/he gets paid by the post
 
Join Date: Sep 2006
Posts: 1,322
Quote:
Originally Posted by samclem View Post
I wonder why folks do this. Surely most could do better by rolling them over to their own IRA account. This usually provides more options and lower costs. The only "advantage" I see is being able to take a loan against the 401K, but this is usually a bad move anyway.
Another advantage is that 401Ks are protected from liability lawsuits while IRAs protection and limits differ by state.
__________________
Corporateburnout is offline   Reply With Quote
Old 10-17-2012, 09:37 AM   #45
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by NW-Bound View Post
I dunno. Is it COLA'ed? If not, in 20 years, it may just buy a McDonald special.
Eh, $50 says I can find enough 2:1's or stacking coupons to still eat a good meal in 20 years. But I do like me a mcdouble or a quarter pounder once in a while.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 10-17-2012, 09:43 AM   #46
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,444
Quote:
Originally Posted by cute fuzzy bunny View Post
Eh, $50 says I can find enough 2:1's or stacking coupons...
I did not think about that.

This means that with a 2-for-1 coupon, I can get my bride her own burger, and will not have to share mine. Thanks a bunch buddy. Life looks better 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 10-17-2012, 03:04 PM   #47
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by NW-Bound View Post
I did not think about that.

This means that with a 2-for-1 coupon, I can get my bride her own burger, and will not have to share mine. Thanks a bunch buddy. Life looks better already.
Nah, make her eat half of yours, and neither of you will get fat. My ex wife and I have been splitting restaurant meals for the last year, and the portions are so dang huge that we still have leftovers. My local burgeria makes half pound bombs on a whole wheat bun with a huge side salad and its easily two meals.

There, just cut your dining bill in half.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Old 10-17-2012, 04:28 PM   #48
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,444
Actually, my wife's food intake is usually about 1/2 to 1/3 of mine. Yet, the highest my BMI ever gets is a bit more than 25. Right now, it's 24. My wife's is usually around 22-23.

But your point makes me realize that I usually eat 1-1/2 burgers, while my wife eats 1/2. I have always had to help with her portion.

Darn! It will all work out. Life is so rosy that when I leave my underbridge, I must be sure to wear shades.
__________________

__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound 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


 

 
All times are GMT -6. The time now is 05:36 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.