patrick.net

You're assuming everyone's got inherited $$?

Maybe clambo worked and invested well enough.

That's what I did. I'm not living in Caligulan Splendor, but I don't have to work anymore.

I did the same kind of calculation. How long have I got to live, and how do I want to spend it.

I prepared for no inheritance, so I have more than I anticipated.

$500/month invested since 1993 would be a million at least.

Out of fear of poverty and obsession with investing I sometimes exceeded it significantly.

My case is unique since I had no children etc.
"As soon as you can" implies your situation may not allow retirement but the clock starts ticking very loudly after 64 or even before.

clambo says

I have an inherited IRA

clambo says

I prepared for no inheritance, so I have more than I anticipated.

$500/month invested since 1993 would be a million at least.

Out of fear of poverty and obsession with investing I sometimes exceeded it significantly.

My case is unique since I had no children etc.
"As soon as you can" implies your situation may not allow retirement but the clock starts ticking very loudly after 64 or even before.

I assumed since you led with "I have an inherited..."

I'm still waiting for the pile to melt away with economic collapse. Now that Walmart is going bankrupt with the Chinese withholding their goods for real (not fiat) money, the fallback position of Walmart greeter has also disappeared.

I know people who seem to spend all their time on cruises like that's the end all and be all. I have absolutely no desire to engage in excess pointless travel or cruises. Any trips we take will be to for alternative history seminars or geologic history seminars with tours.

Lady that does my hair goes on cruises all the time. She said the last one to Alaskan coast half the time was spent getting on the ship going through transit crap in Seattle and Vancouver, there was fog the whole time on the ship, and the people they met were a bunch of louts. She said she thought it was supposed to be a Danish line, but they had fake Euro food that was disguised Asian. I think relentless travel is a kind of compulsion.

Very few people even seem to be able to give a reasonable description of what they did or what they saw. I had a client who told me his wife wanted to do the cruises, but he always wished before they were half through that he was home again.

A cruise sounds painful to me, trapped on a boat, potentially seasick, and with all your food options quite limited.

I suppose clambo's thesis is correct on many fronts. In California, it is inheritors who increasingly are the middle class royals, we are surrounded by them.

As far as running the gauntlets of age, we now know the government wishes to exterminate anybody over 60 as a creditor, lab generated murder bugs will be released on an annual basis, the Rockefeller medical and pharma establishments are all captured and fake so one has to pick and choose uncontaminated medicine and surgery with extreme care, a good bulk of doctors are con artists being ordered increasingly by the Rockefeller programmed bot artificial intelligences broadcasts on their computer screens, with pre-packaged lies and fear persuaders.

I think the day is arriving shortly where patients will automatically be DNA typed without their consent, and the Rockefeller AI will send flash alerts to elites or organ donor profit centers that you are a match for their donor needs, and the AI will turn toward murdering you outright for your organs.

Things turned rather black pill overnight, but it's hard to know to be grateful for the knowledge of how things really are vs. blue pill ignorance.

Of course, there are also all of the KommieKunt social division wedges between generations, that even people around here buy into.

I can retire at 57, but with only 35% of my pension. The percentage grows with the time spent after that still working, to max out at 65. It doesn’t make much sense for me to start drawing pension at 57. If I don’t want to do this job, I could do something else for a few years and then start drawing.
Idk. I’m lucky to have a pension and that my wife is also building one.

Patrick says

A cruise sounds painful to me, trapped on a boat, potentially seasick, and with all your food options quite limited.

Did a transatlantic cruise roughly 10 years ago and loved it. Not for those who easily get seasick, but the food was terrific, gym, sports courts, nice pools etc. It was super cheap as well as it was right at the start of the season in April, like $400 per person, all-inclusive food (which was really good). Think it was Norwegian.

Patrick says

A cruise sounds painful to me, trapped on a boat, potentially seasicksick, and with all your food options quite limited

Sick.

Can you say, "Norovirus"?;

"Diamond Princess?".

I retired in 2021 at age 52. Since we Apple workers were still all cowering in place, I wasn't feeling any of that joyous camaraderie with colleagues during lunch. I have also been getting less and less excited about keeping up with all the new technology My mother keeps asking if I miss work .... Nope! I've been playing a bit more golf and finally got my act together for some serious (and costly) sailing in San Francisco bay.

clambo says

Judging from myself and the people I know, it's all fine until about age 64; then shit starts to happen to us.

It's the 7th bit that does you in!

You can also withdraw from your IRA's (traditional / rollover and Roth) using a SEPP.

The SEPP allows you to withdraw (before 59.5 years of age) around 3.5% a year without incurring an early withdrawal penalty.

https://www.investopedia.com/terms/s/sepp.asp

,

Ceffer says

I think the day is arriving shortly where patients will automatically be DNA typed without their consent, and the Rockefeller AI will send flash alerts to elites or organ donor profit centers that you are a match for their donor needs, and the AI will turn toward murdering you outright for your organs.

I hope we don't get to this point, as if it is similar to Soylent Green. I have read the Chinese Communists have actively engaged in organ harvesting.

I think we may see more technology advancements such as growing organs in a lab.

.

I envy Sunnyvale sailing; I think it's a lot of fun.
I've only done it 3 times in San Francisco Bay.

If you can't make it past 64 without falling apart, you're doing something wrong. I plan to die in my sleep in my house, still fully functional, and if I'm not over 100, I did something wrong. Investment isn't worth shit if you don't take care preventative care of your health.

My friend retired in his 40's. Single, no kids, never lived beyond his means. He bought his property after the crash, and well after his family gave him shit for not buying sooner. He's actually considering going back to work, just because he misses it, not for the money.

I don't plan on retiring, just living more self-sustainably, and going into business for myself.

My cousin was really into cruising, living in Florida, and was part of a cruising group. Whatever floats your boat. I'd rather live in different places for a few months at a time.

NuttBoxer says

I plan to die in my sleep in my house, still fully functional

"If you want to make God laugh, tell him about your plans." ― Woody Allen

NuttBoxer says

I'd rather live in different places for a few months at a time.

Me too. I'd like to get my business to a point where I can operate/oversee it from anywhere. Once I can do that, I won't own anything. I'll be a nomad.

clambo says

$500/month invested since 1993 would be a million at least.

Still not enough to retire in Caligulan splendor. With Bidenflation even $1M isn't going to amount to much for long.