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Makes one want to look at retiring in a 3rd world country with first rate and inexpensive healthcare. The estimates in this article make you want to weep:nonono: MarketWatch.com Story

Congrats Budman!!!! Good time to quit so you can enjoy the summer! Can't wait until I do the same.

Thanks for the congratulations. Budman, Glad you enjoyed your party and made it through the anxieties associated with leaving your co-workers. Quite an honor to be given such a sendoff. Now you are ready to build your new life! I have not been with my company for that long so do not have...

Congratulations. Must feel great!!!!!! My date for freedom is July 25. Right behind you.

Hi All, Been monitoring and occasionally commenting on various threads for the past few months. Decided to introduce myself now that I gave my retirement notice to my employer yesterday AM. :greetings10: Last day will be late July. Was a bit nervous before the meeting but not too bad. Been...

Budman. I have almost the same situation as you. I plan to give my retirement notice this month, a few months earlier than I had planned. Want to enjoy the summer. Having trouble making the final decision on the day to pull the trigger. It is extremely tough to do. I am financially fine based on...

Hi janetvj...congratulations!. I plan to retire by Sept of this year. Looking forward to lots of traveling. I was just curious...what is your approximate age? I am guessing you are an early retiree.

When everyone is this negative it almost for sure that a rally will ensue. I watched Larry Kudlow's show on CNBC I believe on last Tuesday. He said he was having trouble finding a bull to be on his show. That was the clue for me to pump in some more money into the market the next morning which I...

Great read! Stock Markets: When Will the Bull Return? - BusinessWeek

ERD. I am not confused. I am saying the same thing you are...."The market is generally viewed as a leading (imperfect) indicator for the economy." and I believe it was imperfect late in 2007 and will see about how good it is now.

Dex, I think we just disgree on this market as leading indicator during CY2007. I put on a 50 and 200 day moving average: The 50 day average was making a tiny move down but not enough to really call it leading in my mind by Dec 07. The 200 day was slightly rising and then flattening...

ERD: Nobody like the fact that Geithner was a tax cheat. But if in fact he is the best person to get us out of the fix we are in, sometimes you have to evaluate the pros and cons and make a tough call. If it turns out the Geithner cannot solve the problem, then this will have turned out to be a...

"A false reading would have been the stock market going up as economic activity slowed." Looks like the Dow only dropped after the recession started in Dec 2007....sure does not look like a good leading indicator to me during this period.

ERD: I will agree with you that my comments belong in a Political thread so I will stop posting this type of commentary in this forum. Will stick to retire early topics going forward. But I have to comment on one thing you said: "As I've mentioned in other threads, this is not opinion, if...

Brinker and the other Wall Street "geniuses" want the quick fix. Well...they are not going to get it from this President. He is aiming at shoring up the foundations not giving them an unsustainable sugar high they crave so much. AFP: Obama sees 'pillars' of recovery in place this year: report

Just heard some of Bob Brinker's Moneytalk show on the radio today. He sounded just like the commentators on CNBC. Bitching and moaning about Obama, Geithner, Bernanke etc. Obama has been President for 6.5 weeks and he is supposed to have solved this disaster by now. This complaining coming from...

I am still going to continue to $ cost into stock and bonds. The market is not always a good barometer of the health of the economy. When stocks were trading at 14000 in the dow, the real economy was rotting. Now at 6500 when we finally have exposed the rot and are trying to clean things up...

ERD50---- But not all of those should be causing the market to drop. "universal healthcare to relieve business of that burden," should be positive for business. - But people are worried about the supposed extra cost of it and the health care related companies that may have profits squeezed...

"Which changes are those?" Well how about tight government regulation of financial companies, punishment of financial crooks (hopefully),universal healthcare to relieve business of that burden, energy independence, improved education to allow our citizens to compete in 21st century, taxes to pay...

RAE....I agree with what you said. I think some on this thread represent what is increasingly becoming a fringe "Herbert Hoover" movement who believe "let the chips fall where they may". It is one alternative to the current situation but I can't buy it. Luckily I don't think the country is with...

Tex...Yes I have a kid. Going to college in the fall. What you say about the lesson being muddled is a risk no doubt. But like everything else, there are risks and rewards. I believe the risk of that muddling is less than the reward of gettting our country righted at this point in time.

samclem...My funds a have dropped liking most others. What I am saying is that I am willling to pay the higher taxes that Obama proposes by those most fortunate in this society (I am one of them per his definition) if it will right the ship of state. We can look back and complain all we want. I...

ReWahoo. I get your point. But if you look at the averages for the country as a whole...home prices are falling (link). That is what I was implying. It is a bitter pill but we have paid for the misfortunes of others for a long time through private insurance, charities and public welfare. Now it...

Rustic...I agree with what you said. We should strive for that going forward. But we are in a tough spot now and this is how politics has been done for decades. I say government hopefully engineers a soft landing first and then immediately focuses like a laser beam on the improvements you mentioned.

Rick Santelli does not propose a solution , he rants about the obvious. We all understand how uncomfortable it is to bail out folks that may have bought more than they can afford. But that is water under the bridge. Now all of our houses are dropping in value at an increasing clip. If helping...