Lets talk about early retirement...shall we ?

[tpodwdog]

Social Security aint gonna help me or anyone else. its just not enough to live on. i guess what i want really is.... something i cant have. i want to work and feel needed in that respect, but not work for some asshole that dont know a good carpenter if he cut off his pecker. nepitism is a major role . for those of you that dont know what nepitism is...its hiring a family member or a friend that is far less qualified than a person that ACTUALLY is qualified for a job.

i want some respect in the fact that i have paid my dues. dont give me a job that i have to climb gang forms like some kind of monkey when theres a perfect 19 year old on the ground who can do that crap. when i was young...we young guys took care of the old dudes out of respect ....it aint like that any more.

i want to call the shots of my own destiny...not have some moron decide that for me .
i want to make what im worth doing all this without wading in mud all day.

i owned my own business already if thats what is going thru your minds. i had a thief for a partner...need i say more ? so i dont trust ANYONE any longer. and doing this work solo for an aging worn out dude like me aint gonna cut it.

like i said Cranky...i guess i want what i cant have! and its difficult to convey into words the thoughts that are bouncing around .!

 

[Cranky]

Yup, SS won't pay the bills but it will sure help supplement any other retirement/income/savings that you have access to. I've been living off of my savings and what I've been making in the stock market. Luckily, I did very well in the markets in 07/08 but it's been slim ever since. I had my butt handed to me when the market crashed but I'm about back to even now. My SS starts in May and I can't wait. The only 'large' bill I have is a college loan for my youngest and SS will more than cover that monthly payment.

 

[Moparsmitty]

While were on the subject of retirements, a little friendly advice for you young'ns out there. If your employer offers a 401K, get enrolled and put as much as you can into it. Most places now don't have traditional pensions anymore so it's just about the only good way to save enough for retirement. If your employer is matching a percentage of your 401K savings, at the very least put in enough every month to get the full match. On my old job, if I put in 6% of my pay my company would put in another 4%. It's basically free money that also grows tax deferred. I don't care if you have to eat baloney sandwiches for lunch, find a way to save that money and get the company match. If they had 401Ks when I started working( I think they started in the early 80s) I would be living very large now. I'm doing ok, but I bet that those extra years would have doubled my net worth now. I hate to think what it would be like trying to live on Social Security. I'd probably have to sell my cars for food and rent money. That wouldn't be good.

 

[67 gtx cov]

this is for tpodwdog . i am 57 been a self imployed for 30years as a carpenter . things are bad . my heath is ok i am slowing down now i pic and choose the work i do if i retire now i will be dead in2 years . still cant spell haha

 

[YY1]

How about a large chain autom parts store? Even part time, just enogh to qualify for benefits.

Insurance- maybe, 401K, maybe.

Pay not great, but I bet you'd be good...and probably be asked to become an assistant manager in a couple of years, or maybe move up to corporate.

Sure, there'll be some idiots...

 

[mrkinger]

I retired at 51 from Chryslers but i had 33 yrs .I dont have millions,and have been happily retired for 12 years this spring.Best thing i could have done .i just watch how i spend my money ,