Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Will Politics Play a Role in Your ER decision?
Old 08-22-2008, 03:34 PM   #1
Recycles dryer sheets
 
Join Date: Nov 2006
Posts: 214
Will Politics Play a Role in Your ER decision?

I'm getting close and I'm thinking that if we get a Democratic President and Congress that there will be less incentive to w*rk due to higher tax rates and "redistribution of wealth" (which sounds great as long as you're on the receiving end). Therefore ER might happen sooner. Anyone else thinking along those lines?
__________________

__________________
Tekward 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!

political impact
Old 08-22-2008, 06:10 PM   #2
Dryer sheet wannabe
 
Join Date: Feb 2008
Posts: 15
political impact

I think if they come up with a natioanl health care system with affordable premiums you would see a wave of early retirements.
__________________

__________________
flatrock is offline   Reply With Quote
Old 08-22-2008, 06:22 PM   #3
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,846
I'm waiting for lifetime medical. No matter who wins, McCain or Obama, I plan to retire in 443 days.

flatrock is right - - I would retire tomorrow if health insurance was not a worry.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 08-22-2008, 07:26 PM   #4
Recycles dryer sheets
 
Join Date: Jan 2007
Posts: 398
My current plan is to retire in 465 days when I become eligible for lifetime medical benefits (just like Want2retire, although she has me beat by a few days). That's when I turn 50. A big motivating factor are taxes, which eat up much of my hard work. If taxes are raised, it will simply motivate me all the more.
__________________
Shawn is offline   Reply With Quote
Old 08-22-2008, 09:40 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Angus Maddison.



heh heh heh - Yes it's a trick question/answer.
__________________
unclemick is offline   Reply With Quote
Old 08-23-2008, 04:46 AM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2007
Posts: 5,072
Many say we will have some form of healthcare reform no matter who wins the election.

Apparently even insurance companies (and some of those against it the last time) are pushing for it. I suppose they think it is inevitable so they want to try to influence direction rather than fight it.
__________________
chinaco is offline   Reply With Quote
Old 08-23-2008, 10:07 AM   #7
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,846
Quote:
Originally Posted by chinaco View Post
Many say we will have some form of healthcare reform no matter who wins the election.
I can even give you a good approximation of when that will happen. Given my past record of inordinately bad luck, it will take just about exactly 442 more days before healthcare reform is in place and working.

Oh well. At least I don't have any worries due to the recent economic troubles. The concern retirees have been expressing during the past year is merely hypothetical to me, since I am still adding to my nestegg and not withdrawing from it. Said nestegg is looking strong and sturdy.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 08-23-2008, 10:15 AM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,434
If I were looking to retire ER, I could come up with many reasons to do so with either candidate.
__________________

__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 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
My Early Retirement and The Government's Role Danny FIRE and Money 84 11-12-2007 10:36 PM
No Politics Rustic23 Other topics 52 08-01-2007 06:47 PM
Annuities and their role in our investing plan cute fuzzy bunny FIRE and Money 158 02-02-2007 06:24 PM
Role of life insurance Arif FIRE and Money 78 12-10-2005 09:31 AM

 

 
All times are GMT -6. The time now is 06:07 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.