Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 06-13-2013, 06:31 AM   #21
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,068
Quote:
Originally Posted by marko View Post
...and now you're being told that's a bad thing!
If you are going to quote Martha Stewart you should credit her as your source...

'Don't retire': Martha Stewart
__________________

__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo 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 06-13-2013, 06:35 AM   #22
Thinks s/he gets paid by the post
 
Join Date: Apr 2005
Location: Midwest
Posts: 1,564
Quote:
..and now you're being told that's a bad thing!
Simpson's episode.

Sign outside the dentist's office:

"Springfield Dentistry. No matter how you're brushing, you're doing it wrong"

Ain't it the truth!
__________________

__________________
razztazz is online now   Reply With Quote
Old 06-13-2013, 07:06 AM   #23
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,494
Quote:
Originally Posted by kmt1972 View Post
...the economy's weakness can be attributed to excessive saving by households and businesses. In response, these economists recommend that governments push their citizens to save less.

Where the nation's economic health is hurt by people saving for ER
So now I'm being selfish by LBYM. Clearly, I can use this to justify to DW why I should go out and buy about $20-$30k in photography gear. Think she'll buy it?

And the other "take-home" is that:

1. If I fully retire and go play, eventually I'll die.

2. If I keep working as long as I physically can and do not take time to enjoy anything because I'm always working, eventually I'll die.

I'll take option #1 please.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 06-13-2013, 07:19 AM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,446
Quote:
Originally Posted by REWahoo View Post
If you are going to quote Martha Stewart you should credit her as your source...

'Don't retire': Martha Stewart
Quote:
Stewart’s advice on aging: “Don’t retire.”
Q: What is the best piece of advice you have for staying young?

A: Be curious, don’t retire, and keep very active. Never stop working at something. I think people age really quickly the minute they stop doing things they are really interested in. They think it’s going to be fun to play golf all the time, but that’s not the answer to everything.
It never ceases to amaze me how many people believe that you can't possibly be curious, stay active, or be doing something you are really interested in, unless you are WORKING!
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 06-13-2013, 07:46 AM   #25
Recycles dryer sheets
 
Join Date: Mar 2013
Posts: 69
Quote:
Originally Posted by Walt34 View Post

So now I'm being selfish by LBYM. Clearly, I can use this to justify to DW why I should go out and buy about $20-$30k in photography gear. Think she'll buy it?

And the other "take-home" is that:

1. If I fully retire and go play, eventually I'll die.

2. If I keep working as long as I physically can and do not take time to enjoy anything because I'm always working, eventually I'll die.

I'll take option #1 please.
I am with you. Option 1.
__________________
Snowcat is offline   Reply With Quote
Old 06-13-2013, 07:48 AM   #26
Thinks s/he gets paid by the post
 
Join Date: Nov 2009
Posts: 3,854
Quote:
Originally Posted by razztazz View Post
Even when I was working I was half-way there. I always under-consumed. I lived as if I were maybe one generous step above actual poverty. That's how I was able to retire early.
Same here. And when I ERed, I enabled my former company to go out and hire someone else who actually wanted to work for them (and full-time, replacing me, a part-time worker) for the same cost. That's a good thing.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is online now   Reply With Quote
Old 06-13-2013, 07:55 AM   #27
Thinks s/he gets paid by the post
David1961's Avatar
 
Join Date: Jul 2007
Posts: 1,074
Quote:
Originally Posted by audreyh1 View Post
It never ceases to amaze me how many people believe that you can't possibly be curious, stay active, or be doing something you are really interested in, unless you are WORKING!
Exactly! While playing golf all the time is "not the answer to everything", is it any worse than going to a job that you dislike every day?
__________________
David1961 is offline   Reply With Quote
Old 06-13-2013, 08:01 AM   #28
Thinks s/he gets paid by the post
 
Join Date: Nov 2009
Posts: 3,854
If I were still working, at this moment I'd be just boarding my morning train after a likely amd dash for it, making me feel ill. Then, I'd hope to find a rare seat away from one of the many rude, loud cell-phone yakkers which make what could be a rarely comfortable commute into an annoying one.

But instead, I am home posting about how I have not had to make such a trip in more than 4 years. I like this option MUCH more!
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is online now   Reply With Quote
Old 06-13-2013, 08:45 AM   #29
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Quote:
Originally Posted by galeno View Post
Bloomberg is right. FIRE'd people free-ride the system. We don't work and we under consume.
Wow, deja vu of days past on intercst's board...

I'm glad others are willing to take up the slack, since I've never been able to fully "buy in" to consumerism.

Quote:
Originally Posted by Walt34 View Post
So now I'm being selfish by LBYM. Clearly, I can use this to justify to DW why I should go out and buy about $20-$30k in photography gear. Think she'll buy it?
She may buy it, but you'll pay for it...

Quote:
Originally Posted by audreyh1 View Post
It never ceases to amaze me how many people believe that you can't possibly be curious, stay active, or be doing something you are really interested in, unless you are WORKING!
+1
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 06-13-2013, 10:46 AM   #30
Thinks s/he gets paid by the post
Bikerdude's Avatar
 
Join Date: Jul 2006
Posts: 1,901
More fuel.

Retirement and illness: Which causes which? - Encore - MarketWatch

"The best thing about Orszag’s piece is that it links readers to several of the studies that have investigated this premise. The big flaw in the premise, as Orszag acknowledges, is that for many people, illness is the cause of retirement, not the result of it. And since retirees are by definition usually older than the average Joe, the fact that retirees are more likely to have health problems may also reflect the fact that older people simply tend to have more health problems than younger ones. "

Imagine that, old, sick people can't work.
__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
Bikerdude is offline   Reply With Quote
Old 06-13-2013, 12:42 PM   #31
Thinks s/he gets paid by the post
JoeWras's Avatar
 
Join Date: Sep 2012
Posts: 2,514
Quote:
Originally Posted by audreyh1 View Post
It never ceases to amaze me how many people believe that you can't possibly be curious, stay active, or be doing something you are really interested in, unless you are WORKING!
+1000

There are some really mixed up people out there. There is so much outside of work I want and will do to stay engaged in life.

And maybe this w*rk thing wouldn't be so darn bad if it wasn't an 24/7 drag. A lot of celebs tend to have a lot of down time. Many working stiffs don't get that time away.
__________________
JoeWras is offline   Reply With Quote
Old 06-13-2013, 01:02 PM   #32
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,031
Quote:
Originally Posted by REWahoo View Post
If you are going to quote Martha Stewart you should credit her as your source...

'Don't retire': Martha Stewart
Martha has a new book out, which I bought because I think it is relevant to life in retirement:

Living the Good Long Life: A Practical Guide to Caring for Yourself and Others: Martha Stewart: Amazon.com: Kindle Store

In it, she does write "don't retire" because "works offers an older person the benefits of social engagement and purpose". However, she goes to great lengths to show that a sense of social engagement and purpose can be maintained outside of work, but it does require more effort on your part.
__________________
FIREd is online now   Reply With Quote
Old 06-13-2013, 01:24 PM   #33
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,068
Quote:
Originally Posted by FIREd View Post
Martha has a new book out, which I bought because I think it is relevant to life in retirement:

Living the Good Long Life: A Practical Guide to Caring for Yourself and Others: Martha Stewart: Amazon.com: Kindle Store
Does she talk about her efforts to find a man on Match.com?
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 06-13-2013, 02:47 PM   #34
Thinks s/he gets paid by the post
packrat44's Avatar
 
Join Date: Jun 2007
Location: near Canadian border and near Mexican border
Posts: 1,142
Quote:
Originally Posted by kmt1972 View Post
Bloomberg does not seem to like ER. We have

Retirement Will Kill You - Bloomberg

Researchers at the Institute of Economic Affairs in the U.K. have also recently identified “negative and substantial effects on health from retirement.” Their study found retirement to be associated with a significant increase in clinical depression and a decline in self-assessed health, and that these effects grew larger as the number of years people spent in retirement increased.
I willing to take that risk. The thought of not retiring makes me more depressed.
__________________
Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.
packrat44 is offline   Reply With Quote
Old 06-13-2013, 02:51 PM   #35
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,031
Quote:
Originally Posted by REWahoo View Post
Does she talk about her efforts to find a man on Match.com?
No, but it could probably go in her "expand your social circle" section.
__________________
FIREd is online now   Reply With Quote
Old 06-13-2013, 03:29 PM   #36
Thinks s/he gets paid by the post
 
Join Date: Apr 2005
Location: Midwest
Posts: 1,564
Quote:
However, she goes to great lengths to show that a sense of social engagement and purpose can be maintained outside of work, but it does require more effort on your part.
It was all that "social engagement" at work that drove me to retire. Purpose? Let ME worry about that one.
__________________
razztazz is online now   Reply With Quote
Old 06-13-2013, 03:48 PM   #37
Thinks s/he gets paid by the post
David1961's Avatar
 
Join Date: Jul 2007
Posts: 1,074
When I worked, my "purpose" was to go to an office doing a job that I did not like, working with people who (for the most part) I did not like, and getting almost no credit for a job well done.
__________________
David1961 is offline   Reply With Quote
Old 06-13-2013, 03:59 PM   #38
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,031
Quote:
Originally Posted by razztazz View Post
It was all that "social engagement" at work that drove me to retire. Purpose? Let ME worry about that one.
I agree (as most people on this forum would). Sure, I was socially engaged at work, as socially engaged as someone can be when locked 8 hours a day in a cubicle farm. It's the kind of "social engagement" I could live without. And I had to get out of bed in the morning in order to report to the man, how's that for "purpose"? Still, some people don't know better. And for some, work does provide those benefits.
__________________
FIREd is online now   Reply With Quote
Old 06-15-2013, 01:52 PM   #39
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Quote:
Originally Posted by Amethyst View Post
How depressing! Not only that, everyone who retires is either old, or will get old eventually - and that's if they're lucky.

Why, it's a wonder any retired person has a happy thought at all!
Im pretty darned happy doing what I want every day. Even if that means not doing a darn thing.

Afk need to go yell at some kids on my lawn.
__________________
Notmuchlonger is offline   Reply With Quote
Old 06-15-2013, 06:12 PM   #40
Thinks s/he gets paid by the post
Nodak's Avatar
 
Join Date: Feb 2010
Location: Cavalier
Posts: 2,317
If the nanny mayor of New York City has any influence over the company I will be sure to ignore anything they have to say.
__________________

__________________
"Don't take life so serious, son. It ain't nohow permanent." Pogo Possum (Walt Kelly)
Nodak 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 10:20 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.