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How are you doing for retirement?

I have a bit put away and have 2 pensions through my work (and a crappy government one), both of which are rather generous. Assuming I have a 2% growth in wage ( I've averaged closer to 6% the last 10 years) I and my family should be just fine.
 
Been retired since I was 38 and about 45 now. My wife wants more out of me than the Marine Corps did.

On the financial side every deployment I would receive per diem of a certain amount. I would get the cash out of the ATM horse it and eat Raman noodles every deployment to safe countries for six to seven months at a time and invest when I returned.

I have five deployments to combat zones which was hazardous duty pay of 500 extra a month and I would do the same.

I invested heavily into apple in 05 or 06 and then Tesla early on, also. I have a company that does my stuff now but I used to pay attention as much as possible.

In 08 when the housing market crashed I took out tons of loans for land and houses that were being auctioned off and made a good return on 2015.

I live off of interest pretty much now on things and some rentals that I have left. I don't live a life of anything crazy. I mostly hike, ride horses, rock climb, and sky dive for fun , so I don't spend much on that.

Just be good with your money, invest when you can and the market is in correction or worse.

My wife still works though as she sees how horrible retirement is on me. She runs the post offices in our area and wants to retire so if anything happens we have another retirement.

That's about it.
 
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Been retired since I was 38 and about 45 now. My wife wants more out of me than the Marine Corps did.

On the financial side every deployment I would receive per diem of a certain amount. I would get the cash out of the ATM horse it and eat Raman noodles every deployment to safe countries for six to seven months at a time and invest when I returned.

I have five deployments to combat zones which was hazardous duty pay of 500 extra a month and I would do the same.

I invested heavily into apple in 05 or 06 and then Tesla early on, also. I have a company that does my stuff now but I used to pay attention as much as possible.

In 08 when the housing market crashed I took out tons of loans for land and houses that were being auctioned off and made a good return on 2015.

I live off of interest pretty much now on things and some rentals that I have left. I don't live a life of anything crazy. I mostly hike, ride horses, rock climb, and sky dive for fun , so I don't spend much on that.

Just be good with your money, invest when you can and the market is in correction or worse.

My wife still works though as she sees how horrible retirement is on me. She runs the post offices in our area and wants to retire so if anything happens we have another retirement.

That's about it.
When the global financial crisis happened, a bunch of us at my old company were seriously thinking about pooling our money to buy a property in Arizona. One of the places hit hard as it has lots of summer/retirement kinds of places and some homes were being dumped for $100k. We were like.... if we all chip in $25k we can buy a summer home we can all share. I bailed since I already had an investment property. The other guys never bothered.

It was nuts how many homes were being dumped for a fraction of the cost!

But as you said, looks like we are kind of similar. Even when we make money, we dont go ape shit blowing it all on stuff losing it back. That's a problem many people have. The second they run into more money (like getting a promotion), they amp up their spending too, so end of day they are broke again.

My excess money, I just cycle it into more investments. I basically shop and live similar to when I first moved out. ya, I got a nice car now and can afford to buy a new MSI laptop when I feel like it, but my overall life style is pretty much the same.

For some people, the more money they make the more they blow it all. For others, the more money they make, the more they bank.
 
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I have 0 saved. I cannot get ahead, and have no 401k either.

I will also be fucked come next year for taxes as I don't know that I'll have enough saved up to pay them averaging around 5k to 6k I have to pay every year.

The house I'm in keeps going down in value and will also need major investments soon I can't afford.

My plan is suicide once it gets too bad around retirement age if I make it that far and things don't improve.
 
My graph show 2.4 m cash (65 years old) and two houses .
I rent one now for 2000 us plus the government helps at 65 for 1950 us .
So I would have around 4k monthly plus the savings .

Hope so
 
My retirement fund has enough in it for a first class ticket to a warm island, a big bag of booger sugar, and an attractive escort for my final night on earth.
 
When the kids leave and if the wife dies I'm gonna blow the lot on coke and heurs in Thailand and go out with a bang, fuck growing old shitting in nappies
 
None of us will make it that far with the way things are currently headed.

But in response to the title, 6 figures in the bank at 30 with paid off house and own two businesses that are pretty automated.

I've considered myself retired for the past 2 years really, just keeping busy.

Usually take 2-3 big trips a year.

Aside from an ill timed small silver investment, doing fine.
 
Between my savings and 401K (and not including a rental property), I am close to being worth $1M. I'm 45 and still many years away from actual retirement age and not in a financial position to call it quits now, but I'll tell you, thoughts of early/semi-retirement have become a daily thing. The past few years have seen the burn out and stress from my thankless IT job carrying over into my personal life and while I know I can take measures in my career to remediate that, I fantasize about being done with it altogether.
 
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yeah retirement ain't a thing. i'm paying for a pension but it'll probably be worth fuck all if i live long enough to get paid it.

i'm gonna be working until the day i die.
 
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