401k

[IVE GOTTA PACKAGE 4U]

Then you know that one bad year is practically a non issue.

Yes and no if you was retired right now and needed to take a RMD this would not be a good time if you have a few more years before you need the money then no it's not as bad

 

[No1 Special]

Delete

 

[Jones]

Yes and no if you was retired right now and needed to take a RMD this would not be a good time if you have a few more years before you need the money then no it's not as bad

We're talking about retiring at 55 though. Of course I'm not blowing 10k at the local poker tournament either.

 

[Re-Raise]

What would you do if you got dealt pocket aces the first hand and two people before you wen all in? That would be the hardest decision ( besides @Indecisi0n ) ever! The logical thing would be to call because you have the best starting hand, but then you risk losing out on the very first hand to some tool who went all in with like AJ and losing $10,000.

Ship it in! I didn’t play a hand until I was dealt KK...Safe flop and I bet all three streets and won. I could actually breathe then knowing I wouldn’t go broke the first hand lol

 

[IVE GOTTA PACKAGE 4U]

We're talking about retiring at 55 though. Of course I'm not blowing 10k at the local poker tournament either.

This is no this example please please remember me
It's retired today in the market kept going down and you did not have any additional money to put into the market .
Add an inflation everything else what would you do? I'm being completely serious

 

[Re-Raise]

Then you know that one bad year is practically a non issue.

Not when it costs you 35% of what you have accumulated over the last 25+ years

 

[Jones]

This is no this example please please remember me
It's retired today in the market kept going down and you did not have any additional money to put into the market .
Add an inflation everything else what would you do? I'm being completely serious

I'm not sure what you're asking me?

 

[Re-Raise]

I'm not sure what you're asking me?

How much would you need to retire comfortably?

 

[Jones]

Not when it costs you 35% of what you have accumulated over the last 25+ years

If you figure that money is gone forever, then sure.

 

[PT Car Washer]

Not when it costs you 35% of what you have accumulated over the last 25+ years

The reason I got out 2 years ago. I wanted to lock in what I had for retirement. I thought maybe I made a mistake for losing out on a lot of growth but now I think I made the right decision.

 

[Re-Raise]

Serious question..how much is enough to walk away from a 100k job with free insurance and almost 9 weeks of vacation if you are still in good shape?

 

[IVE GOTTA PACKAGE 4U]

I'm not sure what you're asking me?

If you retired today would you give up what you are making now plus not being able to buy into the market at or near the bottom?trust me I'm leaving by the end of this contract but I'm glad(not really) this happened now and not during my retirement

 

[Jones]

How much would you need to retire comfortably?

I'm looking at about 60k/year in pension and around 400k invested (after the recent bloodbath). That's gonna do it for me with money to spare.

 

[Re-Raise]

If you retired today would you give up what you are making now plus not being able to buy into the market at or near the bottom?trust me I'm leaving by th end of this contract but I'm glad(not really) this happened now and not during my retirement

I am staying until our youngest is off our insurance.. glad to make a couple hundred k more now that the market has dropped.

It may come back..at some point

 

[PT Car Washer]

Serious question..how much is enough to walk away from a 200k job with free insurance and almost 9 weeks of vacation if you are still in good shape?

What FT or PT makes $200k ?

 

[Re-Raise]

I'm looking at about 60k/year in pension and around 400k invested (after the recent bloodbath). That's gonna do it for me with money to spare.

How many years in now?

 

[Jones]

If you retired today would you give up what you are making now plus not being able to buy into the market at or near the bottom?trust me I'm leaving by the end of this contract but I'm glad(not really) this happened now and not during my retirement

My papers are already in, I'm retiring in 9 weeks.

 

[Re-Raise]

What FT or PT makes $200k ?

Two more years for my wife and I working

 

[Jones]

How many years in now?

25 FT

 

[Re-Raise]

What FT or PT makes $200k ?

Ooops ..meant 100k