I thought "Young Dreamers" would be the appropriate place to put this story of someone who's been dreaming of retirement, even if she's not necessarily so young. Martha, did this make the news up your way?
An 80-year-old secretary who hit a $1.3 million jackpot at a Minnesota casino Monday night says she can now finally quit working for Senior U.S. District Judge Samuel King.
She may have a pretty hefty tax bill in her first year, and her only protection against inflation is Social Security, but I think FIRECalc would be OK with a 6% or even a 7% SWR in this situation...
... depending on how much more time she's planning to spend in Minnesota.
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I wonder how often she goes to the casino. Could it be the reason she had to work until 80? Anyway, luckily for her, it worked out.
__________________ Couple both 53-year-old, with 1 child graduated from college, and 1 left to go. DW RE @ 50. No pension, no benefits for either of us. Working part-time for fun, and for travel money (in good years that is, and for food in lean years!).
She played the same slot machine for two days--that sounds pretty hard core.
She could have invested the $$ she spent at the slots over her years, but on the other hand, she probably didn't lose any in the markets over the past year.
I love how she says "I am going to call him and say I quit." Most jackpot winners don't seem so up front.
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Do not rely on the information provided--my posts are not to be taken as legal advice. Needless to say you must consult with your legal representative. I am not responsible for errors. If I offended you with cya I apologize. If I did not, I tried.
As long as she doesn't go back "just one more time" to the casino...
Is that "One More Year" syndrome for gamblers?
__________________ "Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
I debated whether or not to post this followup, since sadly there does seem to have been some sort of stressor: StarBulletin.com - Mobile Edition
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But a statement yesterday from the judge's office said Berry has been hospitalized in Minnesota after a medical emergency. She was in stable condition in the intensive care unit.
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* For more info see "About Me" in my profile.
I wonder if she's having paperwork stuck under her nose by her family to sign as we speak?
Or if long lost relatives suddenly take an interest in caring for her...
__________________ "Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
Thanks, I can't believe you guys are monitoring Hawaii's up-to-the-minute news team...
Judge King has become a local legend who's found his avocation and may never retire. A decade ago he co-authored the letter that busted the trustees of the nation's largest charitable estate trust.
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