Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 02-02-2010, 05:24 PM   #21
Moderator Emeritus
W2R's Avatar
Join Date: Jan 2007
Location: New Orleans
Posts: 40,184
Originally Posted by NW-Bound View Post
Doesn't the gummint take care of you when you run out?
Oh sure - - take a look at all those happy, jovial, comfortable, and carefree folks in lines to eat at the homeless shelters or sleeping in cardboard boxes under city overpasses. Now there's a future to aspire to for ones' golden years. One might even find a deck of cards in a garbage can, and even if one or two are missing what more would one want?

5/17/2018: Retired a second time, this time from my volunteer Admin duties. After 10 years of being on the team, and 40,000+ posts, the time just seemed right. It has been such fun to work with all of our Mods and Admins and I plan to stick around as a regular member.
W2R 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 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 02-02-2010, 05:32 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
Join Date: Jul 2008
Posts: 20,748
Nah. I'll just have to find a strategic place to park my old motorhome, so that I will be within walking distances to the SS office and the food bank.

"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 02-02-2010, 07:08 PM   #23
Moderator Emeritus
Join Date: Oct 2007
Posts: 4,929
I dunno. I've got to set aside enough to cover a Costco membership so I can enjoy the buffet every day. Maybe there's an annuity for that...
M Paquette is offline   Reply With Quote
Old 02-02-2010, 10:03 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
Maybe a line of credit would work. Just keep it going while you spend down. If you die with a positive NW that would be used to pay off the LOC. But it's difficult to hit a zero balance precisely!
Meadbh is offline   Reply With Quote
Old 02-02-2010, 10:17 PM   #25
Thinks s/he gets paid by the post
Join Date: Nov 2005
Location: North of Montana
Posts: 2,753
Originally Posted by MasterBlaster View Post
That's easier to say than to actually implement. How exactly does one spend it all and also insure that you never are in need of money.

please share your plan.
My childless sister has a plan A & B.
Plan A - annuity
Plan B - bullet
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 02-02-2010, 10:37 PM   #26
Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 1,012
Originally Posted by walkinwood View Post
I heard about it, but didn't read it.

Did they give any pointers on how to accomplish this considering that you can't schedule your passing away quite as well as you can, say, an online payment?

he used annuities.

jdw_fire is offline   Reply With Quote

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
Penny stock question leahcim Stock Picking and Market Strategy 7 12-31-2008 08:18 AM
Penny Stocks popowich Stock Picking and Market Strategy 10 09-03-2008 09:25 AM
How Do I Buy Penny Stocks?? eddieb FIRE and Money 24 12-12-2007 09:27 PM
Penny stock investing? Olav23 FIRE and Money 5 12-15-2005 08:33 AM
1941 wheat penny Nords FIRE and Money 10 10-30-2005 12:46 PM


All times are GMT -6. The time now is 02:04 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.