 |
10-09-2007, 06:18 PM
|
#1
|
|
Recycles dryer sheets
Join Date: Nov 2006
Posts: 429
|
Reason #64
Retire early because the future is uncertain:
Progress Energy CEO McGehee Dies :: WRAL.com
As I get closer I'm starting to notice these items more....
290 weeks and a wake-up (for all you Military)
|
|
|
 |
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!
|
|
10-09-2007, 06:25 PM
|
#2
|
|
Recycles dryer sheets
Join Date: Jul 2007
Posts: 192
|
 Quote:
Originally Posted by Tekward
|
Wow, only 64, did he "die doing what he loved"?
__________________
|
|
|
|
|
10-09-2007, 06:30 PM
|
#3
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
|
Quote:
Originally Posted by NotSoonEnough
Wow, only 64, did he "die doing what he loved"?
|
Only if he loved working.
|
|
|
|
|
10-09-2007, 09:19 PM
|
#4
|
|
Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
|
Great way to go.
Is there any way to assure the first stroke will be the last one?
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
|
|
|
|
|
10-10-2007, 07:41 AM
|
#5
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
|
Quote:
Originally Posted by Khan
Great way to go.
Is there any way to assure the first stroke will be the last one?
|
We talkin' sex, or cerebral hemorrhage? 
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
|
|
10-10-2007, 08:00 AM
|
#6
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
|
Seems like a decent guy. Surpisingly for a CEO, he lives in a relatively modest (only 4800 sf) house, valued well under a million bucks in a normal residential area.
His House
|
|
|
|
|
10-10-2007, 03:21 PM
|
#7
|
|
Thinks s/he gets paid by the post
Join Date: Aug 2002
Posts: 1,322
|
Nords: Did you know this guy? Pretty sad.
"McGehee graduated from the Naval Academy in 1966 and served as a nuclear engineer aboard a ballistic missile submarine."
|
|
|
|
|
10-10-2007, 03:43 PM
|
#8
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 1,015
|
and he planned to retire next spring. Stories like this one are WAAAAAAAYYYYYY too common. He was in London on business, planning to meet with investors...stress of travel...of business...had a stroke during his walk and never regained consciousness.
Sad for his family.
|
|
|
|
|
10-10-2007, 04:19 PM
|
#9
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 17,241
|
True, sad for his family.... but some of the FIREd people forget that being a CEO can be very different than someone in the trenches... he might actually have been enjoying his job..
I know some EVPs at mega that can do whatever they want.. work when they want, and play when they want.. but do not stay retired long as the 'slow pace' is just not suited for them..
To each their own...
|
|
|
|
10-11-2007, 10:06 AM
|
#10
|
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
|
Quote:
Originally Posted by SoonToRetire
Nords: Did you know this guy? Pretty sad.
"McGehee graduated from the Naval Academy in 1966 and served as a nuclear engineer aboard a ballistic missile submarine."
|
Thanks, STR (and for the PM too), I missed this one.
Didn't know him (I graduated in 1982) but one of my classmates is a McGehee and might be related.
I read Gene O'Kelly's "Chasing Daylight", about his death from brain cancer while CEO of KPMG. It's an interesting insight into the hypercompetitive personality of guys who feel that they have to maximize their potential and their achievements. Judging from some of the USNA grads I've seen in their 70s & 80s, I'm pretty sure that McGehee was another one who'd never retire.
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
