|
|
Profoundly Selfish and Unpatriotic
08-06-2008, 11:32 AM
|
#1
|
Recycles dryer sheets
Join Date: Jun 2008
Posts: 121
|
Profoundly Selfish and Unpatriotic
My, my...."profoundly selfish and unpatriotic." Read it and weep with shame. Or not.
Is retiring early unpatriotic? - MSN Money
|
|
|
|
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!
|
08-06-2008, 11:38 AM
|
#2
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
|
From the article: Want to do something truly patriotic to help preserve the American way of life?
Don't retire. At least not yet.
"The argument for working longer is not just about people working to pay more taxes. It's about people working to have more income and wealth themselves, to save for their own lives and their children and grandchildren," says Yarrow
As for the 63-year-old Stein, he has no plans to retire.
"I don't ever expect to stop working," he says. "I love my work. I don't believe there is a meaningful life without work. You're not a whole person without work."
Yeah--they need to keep working so we can quit!
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
|
|
|
08-06-2008, 11:39 AM
|
#3
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
|
__________________
*
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.
|
|
|
08-06-2008, 11:48 AM
|
#4
|
Recycles dryer sheets
Join Date: Dec 2006
Posts: 154
|
So this guy thinks that the boomers will be retiring in droves?
I think not, as many have not saved sufficiently to support the lifestyle they desire by age 60, 62 or even 65
|
|
|
08-06-2008, 12:01 PM
|
#5
|
Recycles dryer sheets
Join Date: Dec 2006
Location: Florida
Posts: 249
|
I found the article amusing too. I'm reminded of the French saying (via Bill Bonner and his "Daily Reckoning"): "When the government tells you to do something, best to do the exact opposite." Let's see, here's some examples: turn in your gold coins, register for the draft, um, ... pay all the taxes you're supposed to, er... Well, you get the idea.
-- Pedorrero, retired from age 42 until whenever it becomes illegal...
__________________
I've got nothing against an honest day's work, provided that someone else does it.
|
|
|
08-06-2008, 12:13 PM
|
#6
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
|
15 years, you folks hear me! 15 years!
Sooo - next year when wrap up ER at age 66. Ya'll on this forum gonna thank me for my service as I wrap up my career of cheap bastardhood - suit up and go back to W--, w--- - can't even bring myself to say the word let alone thunk it - the mere thought makes want to upchuck.
I think I'll invoke the don't ask don't tell rule and go underground.
Sooo - how does one look unER while you really are?
heh heh heh -
|
|
|
08-06-2008, 12:24 PM
|
#7
|
Thinks s/he gets paid by the post
Join Date: Jan 2004
Posts: 2,049
|
Blah blah worker crunch blah not enough workers.
If I was cynical, I'd think it was a gambit by companies to have TOO MANY workers so as to reduce labor costs.
I'll believe it when I see it.
|
|
|
08-06-2008, 12:31 PM
|
#8
|
Confused about dryer sheets
Join Date: Jul 2008
Posts: 1
|
Hmmmm...unpatriotic....what do you call it when your country allows your job to be outsourced to India....and you decide to retire at age 51 instead of starting over?
(but I'm still very HAPPY!!!)
|
|
|
08-06-2008, 12:40 PM
|
#9
|
Full time employment: Posting here.
Join Date: Mar 2005
Posts: 927
|
Am I allowed to say "bite me" on this board?
|
|
|
08-06-2008, 12:52 PM
|
#10
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
|
Quote:
Originally Posted by Caroline
Am I allowed to say "bite me" on this board?
|
Better yet, how about "frig um"?
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
|
|
|
08-06-2008, 01:07 PM
|
#11
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
|
"Jeez Louise" from Dory36's forerunner to this forum has always been my favorite.
heh heh heh - never say never but I think should 'that' evil befall me I'd probably have to W while medicated for depression - you know 'mordern' medicine and all that there.
|
|
|
08-06-2008, 01:38 PM
|
#12
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,296
|
I didn't need a spoon to make me gag.....
__________________
There's no need to complicate, our time is short..
|
|
|
08-06-2008, 01:46 PM
|
#13
|
Recycles dryer sheets
Join Date: Feb 2008
Location: Tucson
Posts: 118
|
Caroline, you made me smile!
Pedorrero, I too love Bonner and his Daily Reckoning. He's no fool.
And that's all I have to say!
Tom
|
|
|
08-06-2008, 02:33 PM
|
#14
|
Thinks s/he gets paid by the post
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,455
|
How about telling employers to start hiring or stop getting rid of older workers?
__________________
May we live in peace and harmony and be free from all human sufferings.
|
|
|
08-06-2008, 02:47 PM
|
#15
|
Recycles dryer sheets
Join Date: Jul 2008
Posts: 401
|
Quote:
Originally Posted by Nords
|
Au contraire, I quit my full-time job (and became a part-time contractor),
in some part because I thought it WAS the patriotic thing to do.
To wit, seeing the kind of monster the government of my nation was
becoming in the world, it seemed like a good thing to reduce the amount
of money I was providing to the Bush/Cheney/Rumsfeld war machine
through my tax dollar.
To me, being patriotic does not mean supporting my government right
or wrong, it means supporting the ideals of our nation, as embodied in
the US Constitution etc.
Sorry to be self-righteous: I will not pretend that my primary motives
for retiring were not mostly selfish, but this side-effect certainly felt
like a good thing.
Yes, I've hijacked this thread into overtly political opinionating, but
it probably didn't belong in "FIRE and Money" in the first place ...
|
|
|
08-06-2008, 03:36 PM
|
#16
|
Thinks s/he gets paid by the post
Join Date: Dec 2005
Posts: 1,228
|
People who FIRE tend to be in high tax brackets while working, and low brackets afterwards, whereas people who work until they die tend to be in the middle brackets forever. If the government wanted to make sure FIREes "pay their share" of taxes then they should shift the tax burden more from the middle brackets to the high brackets. As things are, the guv is incentivizing ER, just like it incentivizes homeownership. You can't fault people for responsibly engaging in the behavior that is incentivized.
|
|
|
08-07-2008, 06:14 AM
|
#17
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 11,328
|
Quote:
Originally Posted by free4now
People who FIRE tend to be in high tax brackets while working, and low brackets afterwards, whereas people who work until they die tend to be in the middle brackets forever. If the government wanted to make sure FIREes "pay their share" of taxes then they should shift the tax burden more from the middle brackets to the high brackets. As things are, the guv is incentivizing ER, just like it incentivizes homeownership. You can't fault people for responsibly engaging in the behavior that is incentivized.
|
+1. I opposed the Bush tax cuts (which were very good for me) but by the time things change back I will be in a low bracket and won't be hurt by the sensible tax policy.
__________________
Idleness is fatal only to the mediocre -- Albert Camus
|
|
|
08-07-2008, 07:21 AM
|
#18
|
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 donheff
+1. I opposed the Bush tax cuts (which were very good for me) but by the time things change back I will be in a low bracket and won't be hurt by the sensible tax policy.
|
I think a sensible spending policy is equally important. Nevertheless, they need to more or less balance out in the end, or bad shite will happen...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
08-07-2008, 07:48 AM
|
#19
|
Full time employment: Posting here.
Join Date: May 2008
Posts: 546
|
Quote:
Originally Posted by free4now
People who FIRE tend to be in high tax brackets while working, and low brackets afterwards, whereas people who work until they die tend to be in the middle brackets forever. If the government wanted to make sure FIREes "pay their share" of taxes then they should shift the tax burden more from the middle brackets to the high brackets. As things are, the guv is incentivizing ER, just like it incentivizes homeownership. You can't fault people for responsibly engaging in the behavior that is incentivized.
|
Wouldn't shifting the tax bracket toward the rich incentivize them to ER even more?
|
|
|
08-07-2008, 08:35 AM
|
#20
|
Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
|
What ever happened to all those balanced budget amendments people were talking about in the 90's?
Why does holding the federal government to the same standard as the sate governments such an unpopular idea?
|
|
|
|
|
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
|
|
|