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05-23-2016, 06:08 AM
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#221
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,723
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Fully retired. Only downside is no days off.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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05-23-2016, 06:28 AM
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#222
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,373
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Quote:
Originally Posted by ShokWaveRider
Fully retired. Only downside is no days off.
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but every day is a holiday!
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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06-01-2016, 10:17 PM
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#223
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gone traveling
Join Date: Apr 2015
Posts: 55
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We are working now to support two kids in college. We could be retired right Now on passive income from rentals but the long term risk of increasing health care expenses keeps one or both of our feet tied to corporate health insurance benefits.
Once kids are done with higher education we plan to use the empty nester years as a turbo charge to the retirement accounts. Depending on how much money we can stash, and how good the stock market performs will help us determine how quickly we can cut the cord😘 one of us has always worked for the man while the other pursued self employment in stages.
We are conservative that way.
--ZG
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06-02-2016, 06:11 PM
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#224
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Thinks s/he gets paid by the post
Join Date: Apr 2011
Posts: 2,974
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Quote:
Originally Posted by pb4uski
but every day is a holiday!
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06-02-2016, 10:23 PM
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#225
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,095
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Quote:
Originally Posted by pb4uski
but every day is a holiday!
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I got a watch that shows the day, month and year because otherwise I couldn't remember what day it was.
I like to avoid the grocery stores on weekends due to the crowds.
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06-03-2016, 06:50 AM
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#226
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
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Quote:
Originally Posted by zerogravity
We are working now to support two kids in college....
Once kids are done with higher education we plan to use the empty nester years as a turbo charge to the retirement accounts. ....
--ZG
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We had three in private colleges simultaneously (only paid for four years each). After the last one graduated, we for the first time truly understood emotionally/subjectively that we make a lot of money. Savings have been supercharged and I finally was able to say something other than "four or five more years" to DW.
Hope it works as well for you.
__________________
OMY * 3 2ish Done 7.28.17
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06-19-2016, 10:19 PM
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#227
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Dryer sheet aficionado
Join Date: Nov 2013
Location: Houston
Posts: 38
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I am a CPA currently employed as a Vice President of Finance for an Energy company. Age 55 earn $200,000 per year. Plan to retire in the next 3 to 5 months. DW is already retired and pressing me to retire asap. We plan to travel, exercise, improve our golf game, take some classes at the local junior college,and improve our dancing. Also have a Motor Home we plan to take across the country. Long term we are going to visit a few retirement havens such as Panama, Costa Rica or South France to see if this might be a place we would like to live for periods of time. I currently max out my 401K contributions and save an additional 5,000 per month in after tax funds. No debt and $1,700,000 in liquid assets. Hope to work about 500 hours per year as a financial consultant until 60.
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06-20-2016, 01:52 PM
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#228
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Recycles dryer sheets
Join Date: Jun 2016
Location: Somewhere
Posts: 83
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Quote:
Originally Posted by Brianeboatman
We all dream of retiring early here on this site. I'm curious, what do you do for a living? What kind of money do you make? And finally, what percentage of your wages are being invested to retire "early"?
Sent from my iPad using Early Retirement Forum
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Small business owner, currently take a salary of $100k, though my business makes more than that. I'd say I've put in 20-30% of my income in to either my business or some type of business for a while, now everything's paid for " home, etc ", I can probably push that to close to 50%, probably could do more than that but we like to travel, so...
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06-24-2016, 08:48 PM
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#229
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2016
Location: Colorado
Posts: 8,971
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I own a business and a commercial building. Targeting a 2021 (58 years old at that point) retirement as I sell my share of the business over the next 5 years. The building will probably stay with me for at least another 12 -15 years. We also have an eBay store on the side.
Income from the business is $275,000/ year plus a car, expenses, 401k and insurance. Income from the buyout is about $100,000/year. The commercial building throws off about $180,000 year, but that is all eaten up by the property taxes, upkeep and the mortgage. Payoff date is 2026. After that 2/3rd's will convert to income. The eBay biz generates about $6,000 a year.
We save about 50%++ of our take home for retirement. Plus all the buy out. EBay goes to vacations.
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06-24-2016, 09:09 PM
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#230
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Bonita (San Diego)
Posts: 1,795
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Naval Officer at around 17 years, surface warfare with a nuclear engineering subspecialty. Approaching command tour. My pay is a matter of public record. :-)
DW is a director of gymnastics at a local YMCA with thousands of girls in her program.
We save roughly 45% of our gross every year.
__________________
"So we beat to our own drummer in the sun;
We ask for nobody's permission to run.
I just wanna live in a world like that;
Now I'm gonna live in a world like that!" - World Like That, O.A.R.
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08-16-2016, 11:25 AM
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#231
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 2,360
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Quote:
Originally Posted by braumeister
Oddly, despite the tough going, I still have good feelings toward the USAF, and thoroughly enjoy my occasional visits to bases. I would guess that any former military members here will understand that.
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I suspect that's because in the navy (I can't speak for the army or air force), one usually works as a part of a team, towards a common goal … whereas civilian employment has much more of an 'every man for himself' ethos.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
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08-16-2016, 03:31 PM
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#232
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Recycles dryer sheets
Join Date: Nov 2013
Posts: 125
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I own a small chain of 4 coffee shops and a small strip mall that one is in, I used to work for the state in Human services while I was building up the business,so small pension eventually an added plus is low cost insurance in one year when my wife hits 55. I am trying to minimize my involvement a much a possible while my wife is as involved as ever.
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08-16-2016, 04:46 PM
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#233
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Thinks s/he gets paid by the post
Join Date: Apr 2016
Location: Dutchess County
Posts: 1,599
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Quit HS in the 10th grade, bounced from low paying job's while living job to job, paycheck to paycheck, hitchhiked from NY to AL and back to NY. Took and passed test for my GED. Worked doing roofing and siding, landed an apprenticeship in the painters union good job until the late 80's when the construction boom bombed. In 1990 got a job with NY state as a diesel mechanic, got promoted to supervisor, got promoted again to Superintendent, got promoted again to Assistant General Superintendent. Was on the way to my next promotion when diagnosed with the big "C". Took off work for 6 months for treatment, thank goodness for sick time. Went back to work and 2 months later voluntarily demoted back in job title 10% cut in pay but a ton less stress, had enough time in higher job as not change my pension. My boss sent me to a nice quite out of the way location. Finished my last 2 years and packed it in 12/02/15. Pension based on $110,000 and full medical for life. Not to shabby for only having a GED. Life worked out despite my best efforts at sabotage early on.
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08-17-2016, 08:14 AM
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#234
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Thinks s/he gets paid by the post
Join Date: Oct 2014
Posts: 1,544
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Quote:
Originally Posted by Mulligan
Ya but you could buy a soda, hamburger, and a gallon of gas to go buy it for a nickel. Try feeling peer pressured into buying a $40 Izod off of $2.30 an hour. Heck 30 years later the same shirt is cheaper now than it was then!
Sent from my iPad using Tapatalk
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My step father caught a ride to the mill each day with James Arness (Marshall Dillon) in the 30's. A few years prior to that his mom would give him a quarter. 5 cents for the bus ride downtown (Mpls), 5 cents for the movie, 5 cents for a sundae at Bridgeman's and 5 cents for the bus ride home. Of course his mom wanted the nickel change when he got home.
__________________
-Big Dawg-FI since 9/2010. Failed ER in 2015. 2/15/2023=DONE! "Blow that dough"-Robbie
" People say I'm lazy, dreaming my life away Well, they give me all kinds of advice designed to enlighten me When I tell them that I'm doing fine watching shadows on the wall "Don't you miss the big time, boy. You're no longer on the ball" -John Lennon-
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08-18-2016, 02:55 AM
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#235
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Recycles dryer sheets
Join Date: Jul 2012
Posts: 407
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Quote:
Originally Posted by Bigdawg
5 cents for the bus ride downtown (Mpls), 5 cents for the movie, 5 cents for a sundae at Bridgeman's and 5 cents for the bus ride home. Of course his mom wanted the nickel change when he got home.
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Interesting how those prices have changed relative to each other. Imagine paying as much for a bus ride as for the movies today. You could probably take a cab instead.
__________________
I am willing to perform services in exchange for currency. For now.
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08-18-2016, 05:30 AM
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#236
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Thinks s/he gets paid by the post
Join Date: Oct 2014
Posts: 1,544
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So I'm guessing here, but I would think 2-3 bucks for a bus ride, 5-6 bucks for the Bridgeman's sundae (do they still have Bridgeman's in the Midwest?) and about 8-10 bucks for the movie. Matinee maybe 6 bucks.
During pre marriage counseling in 1992 the guy told us he had just paid 37.5K for a Suburban. He said his mom said that was strange because she and dad paid 37.5 for their first house (early 60's SoCal).
__________________
-Big Dawg-FI since 9/2010. Failed ER in 2015. 2/15/2023=DONE! "Blow that dough"-Robbie
" People say I'm lazy, dreaming my life away Well, they give me all kinds of advice designed to enlighten me When I tell them that I'm doing fine watching shadows on the wall "Don't you miss the big time, boy. You're no longer on the ball" -John Lennon-
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08-18-2016, 08:45 AM
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#237
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Full time employment: Posting here.
Join Date: Jan 2011
Location: Southern Maine
Posts: 672
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Quote:
Originally Posted by Bigdawg
So I'm guessing here, but I would think 2-3 bucks for a bus ride, 5-6 bucks for the Bridgeman's sundae (do they still have Bridgeman's in the Midwest?) and about 8-10 bucks for the movie. Matinee maybe 6 bucks.
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In Boston Matinee's are $12.50/$11, normal seats are $14/$12.50 for an Adult/Senior. Might be able to get a little cheaper if you head to the suburbs...
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08-18-2016, 08:51 AM
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#238
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2009
Posts: 9,343
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Quote:
Originally Posted by ChiliPepr
In Boston Matinee's are $12.50/$11, normal seats are $14/$12.50 for an Adult/Senior. Might be able to get a little cheaper if you head to the suburbs...
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The local movie theatre in my town is $4 every night, with first run movies. I usually head to a theatre about 10 miles away for a better audio experience and they are $8. The prices are almost loss leaders to get you to buy the popcorn and soda and make their money that way.
Sent from my iPad using Tapatalk
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08-18-2016, 10:01 AM
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#239
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Full time employment: Posting here.
Join Date: Jan 2011
Location: Southern Maine
Posts: 672
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Quote:
Originally Posted by Mulligan
The prices are almost loss leaders to get you to buy the popcorn and soda and make their money that way.
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And that is why when I was growing up my mother would pack snack bags for us that we had to smuggle into the theater!
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08-18-2016, 07:56 PM
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#240
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2016
Posts: 8,968
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Bummer dude. Ma always gave me extra dough so I could buy a small bag of (unbuttered) but fresh popcorn.
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