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No - I should not listen to someone whose only interest in seeing what they can do to get a commission or fee.
Work [manipulating people] + living below means/saving [ridiculously averse to spending on things that did not add value.] = retirement.
You proved my point.
To be perfectly honest is was my ability to constantly manipulate the people and conditions I was presented with at any given point in time
Never take on credit card debt since it will always charge at least 12% in interest annually.
You cant think of any situations for any of the 300 million american consumers for whom a 12% short term loan isn't appropriate?
Retirement is simple. Work hard, live below your means & save.
I have zero interest in a commission or fee from any efforts on pat.net . Or do you think I'm playing the long game, member since 2007? Lol. Dude I'm pointing out where you are wrong. Take the advice or not.
As far as minutiae, you are literally making up shit up. I've offered to share a brochure w you if you like. It's up to you. The forum doesnt want to hear the details.
Go back to posting full articles w zero input besides ad homs. Also called tuesday
Work smart, not hard and delegate. Make the direct reports feel they are valued.
You have yet to point out where I am wrong
Per the I proved your point - no, I didn't. As noted above the statement was work hard.
Work [manipulating people] + living below means/saving [ridiculously averse to spending on things that did not add value.] = retirement.
Yes - that would be correct. I was "funned" out at 57 after 30 years with my last company, 10 with U.S. Steel before that. I made a career change in my late 20s and started working at age 14.
Sorry man. But that sounds like hard work. You woke up everyday, and went to the same miserable workplace for 30 years, working for someone else, so that you could retire. Which you did, because you worked hard and lived below your means.
That sounds like a shitty existence. Not necessarily because of your job, but your attitude towards your line of work. It sounds like you just wasted the last 30+ years of your life away doing something you hated [manipulating people to achieve results].
Now once again how about disclosing even in general terms just how badly someone gets fucked over when they try to get out from under an annunity. Some are much worse than the others - much worse.
My attitude - do as little as possible to achieve your end goals and with your free time do what actually makes you happy.
Why work hard when you can find someone else to do your hard work for you.
Hence my mascot:
Kakistocracy saysMy attitude - do as little as possible to achieve your end goals and with your free time do what actually makes you happy.
Why work hard when you can find someone else to do your hard work for you.
This is domestic (i.e, AntiFa, Democrat Socialist, etc.) satire or this is some satire from a foreign actor (i.e., Moscow, Beijing, etc.).
How about the truth from a Russian troll bot?
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And let’s face it: Who needs advice? Who wants to actually do something? Here are 20 ways to ignore the experts—and wreck your chances of a financially comfortable retirement:
1. Keep thinking retirement is so far in the future that there’s no need to act now. There’s still plenty of time. After all, you’re only [insert age].
2. Avoid saving when you’re young and instead play catch-up starting at age 50. At that juncture, the government allows you to save more in both employer plans and IRAs, so that must mean it’s OK to wait.
3. Bank on being able to work until age 75 or beyond.
4. Live for today, so you accumulate debt right up until the day you hope to retire.
5. Invest in individual stocks you pick personally. Almost as good: If offered a retirement plan at work, close your eyes and pick the three options that sound best.
6. Ignore all the retirement planning tools available to you. They’re just too time consuming.
7. Never contribute to your 401(k), because right now there are so many better uses for the cash. Can’t resist the savings urge? Make sure you contribute at a level where you don’t earn the full employer match.
8. Keep the same mix of investments at age 60 that you had at age 25. Change is not good.
9. Take your Social Security at age 62, needed or not. It’s your money. Grab it while you can.
10. Only save in tax-deductible accounts and don’t bother with the Roth, let alone taxable accounts. That way, you can spend your retirement paying ordinary income tax on all your investment gains.
11. Ignore the need to provide for survivors. Don’t designate beneficiaries for your 401(k) or IRA. Don’t bother with life insurance. Got a pension? Talk your spouse into agreeing to a single life annuity benefit. After all, it’s your pension, right?
12. Make sure all your savings are in tax-favored plans, so they aren’t easily accessible in an emergency. What about the income taxes and potential tax penalties? You worry too much.
13. Assume there will be a major drop in your spending when you retire. Make a list of all your expenses, just to be sure. Are things looking a little tight? For goodness’ sake, don’t tell your spouse.
14. Cancel that long-term-care policy you bought years ago. If you haven’t needed it so far, you likely never will—and, besides, you have plans for that premium refund.
15. You’ve been waiting so long to buy that boat or RV. You deserve it. And what do you know? It’s so easy to get a 401(k) loan.
16. Invest heavily in your employer’s stock. There’s no doubt it’s a good company—and not at all like Enron.
17. Don’t worry about inflation after you retire. It’s been low for years and no doubt it’ll stay that way.
18. When someone tries to explain the power of compounding, don’t bother listening to all that gobbledygook.
19. When there’s a big drop in the stock market, make sure you shift into bonds. There’s no point sitting around and losing everything.
20. Still got money left for retirement? Tell your adult kids you’re always willing to help them out financially.
21. Assume that you will never be the victim of a scam. Ignore the research indicating that 1 in 5 seniors is victimized - because you're far too smart to be 'taken.' Identity theft &/or fraud on your accounts could never happen to you. Added this one after reading the comments in the original article
https://www.marketwatch.com/story/a-20-step-guide-to-a-horrible-retirement-2019-03-16?mod=mw_theo_homepage
#Retirement #Economics