Re: Retirement.
[Re: coonman220]
#7029867
10/27/20 09:17 PM
10/27/20 09:17 PM
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Joined: Jan 2007
Posts: 3,960 Northern Nevada
Bob
trapper
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trapper
Joined: Jan 2007
Posts: 3,960
Northern Nevada
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That’s a sad state of affairs. No thanks, I’ll pay for my own retirement, I like running water lol
"I have two guns, one for each of ya."
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Re: Retirement.
[Re: Boco]
#7029869
10/27/20 09:18 PM
10/27/20 09:18 PM
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Joined: Dec 2006
Posts: 7,523 WI>>>MN >>>WI
T-Rex
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trapper
Joined: Dec 2006
Posts: 7,523
WI>>>MN >>>WI
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Who said he has to stay in the USA. Can you not recieve your retirement payments anywhere in the world? With Covid, there are not a lot of places in the world that will accept us.
Man who mistake shillelagh for fairy wand; see pixie dust, also.
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Re: Retirement.
[Re: coonman220]
#7029872
10/27/20 09:22 PM
10/27/20 09:22 PM
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Joined: May 2010
Posts: 10,481 mn north of blakely
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,481
mn north of blakely
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Boco, Yes we can live in a foreign country and draw social security.
Coonman isn't going to.
Last edited by Steven 49er; 10/27/20 09:22 PM.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Retirement.
[Re: Bob]
#7029903
10/27/20 09:46 PM
10/27/20 09:46 PM
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Joined: Aug 2011
Posts: 45,502 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,502
james bay frontierOnt.
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That’s a sad state of affairs. No thanks, I’ll pay for my own retirement, I like running water lol We have running water here-you run down to the river in your shorts chop a hole in the ice,scoop a bucket of water and run back up to the camp.And hope Savell aint hiding behind a tree and sees you in your shorts.
Last edited by Boco; 10/27/20 09:47 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Retirement.
[Re: Boco]
#7029909
10/27/20 09:52 PM
10/27/20 09:52 PM
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Joined: Jan 2007
Posts: 17,855 MN
160user
trapper
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trapper
Joined: Jan 2007
Posts: 17,855
MN
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That’s a sad state of affairs. No thanks, I’ll pay for my own retirement, I like running water lol We have running water here-you run down to the river in your shorts chop a hole in the ice,scoop a bucket of water and run back up to the camp.And hope Savell aint hiding behind a tree and sees you in your shorts. Why? Are you afraid he will get a picture of your skid marks?
I have nothing clever to put here.
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Re: Retirement.
[Re: coonman220]
#7029934
10/27/20 10:11 PM
10/27/20 10:11 PM
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Joined: Jul 2008
Posts: 2,414 Idaho Falls, Idaho
Furvor
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trapper
Joined: Jul 2008
Posts: 2,414
Idaho Falls, Idaho
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So they take out your soacil security check on taxes. Total income tax owed is calculated when you file your return. Unless you file a joint return they may not know of other household income. If they do know they will include it in the calculation. You pay it when you file your return unless you instruct SS to deduct it monthly from your SS check.
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Re: Retirement.
[Re: Steven 49er]
#7029946
10/27/20 10:17 PM
10/27/20 10:17 PM
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Joined: Jun 2010
Posts: 16,375 Iowa
~ADC~
The Count
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The Count
Joined: Jun 2010
Posts: 16,375
Iowa
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Boco, Yes we can live in a foreign country and draw social security.
Coonman isn't going to.
He'll do whatever he wants to, but thanks to you and a few people here giving good advice that perhaps some of the other readers of this post can use.
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Re: Retirement.
[Re: Steven 49er]
#7029952
10/27/20 10:23 PM
10/27/20 10:23 PM
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Joined: Oct 2018
Posts: 5,570 Dunbar, Wisconsin
Pike River
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trapper
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
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Boco, Yes we can live in a foreign country and draw social security.
Coonman isn't going to.
I've known a few that have retired to Central America or the Caribbean based on the cost of living. They seem to really enjoy it.
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Re: Retirement.
[Re: Boco]
#7029953
10/27/20 10:23 PM
10/27/20 10:23 PM
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Joined: Jan 2007
Posts: 3,960 Northern Nevada
Bob
trapper
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trapper
Joined: Jan 2007
Posts: 3,960
Northern Nevada
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That’s a sad state of affairs. No thanks, I’ll pay for my own retirement, I like running water lol We have running water here-you run down to the river in your shorts chop a hole in the ice,scoop a bucket of water and run back up to the camp.And hope Savell aint hiding behind a tree and sees you in your shorts. I’m good lol I don’t have thick skin and body hair like you canucks, I’d freeze my bbs off! I’m gonna stay way south of you, where it hardly ever gets cold enough to freeze the river. I did my time in the north, I find it much more pleasant when the temps are above zero
"I have two guns, one for each of ya."
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Re: Retirement.
[Re: Boco]
#7029957
10/27/20 10:24 PM
10/27/20 10:24 PM
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Joined: Sep 2007
Posts: 5,960 South metro, MN
Calvin
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trapper
Joined: Sep 2007
Posts: 5,960
South metro, MN
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Depending on where you live 1g a month could be way more than you need to live good. True....A buddy retired at 50 and moved to Alaska. He says he spends between $400 and $600 per month...and has to really try hard to spend $800. Said he's happier now than he's ever been. His pension is close to 10 times what he spends. He has no use for it. I spent a week with him last fall. I never felt I needed more than what he has. Plenty of people around the US that feel their best living frugal and simple. To each his own.
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Re: Retirement.
[Re: coonman220]
#7030062
10/28/20 03:24 AM
10/28/20 03:24 AM
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Joined: Jan 2008
Posts: 4,797 M.T.V. Alaska
yukonjeff
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trapper
Joined: Jan 2008
Posts: 4,797
M.T.V. Alaska
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Thanks Dad ^ Coonman Don't listen to all these old stiffs that pinched their pennies all their life like Mr Scrooge and now going to live it up when they are 70. Here's what you do. Find a third world country that you like .( Most are better than the US these days anyway) and move there when you retire with your grand a month and live like a king. Since you are single and American, It will be one time in your life that your White Privilege will shine through. Find a hot wife and when you get really old you can hire a live in helper to wipe your butt for about $100 a month. Your welcome.
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Re: Retirement.
[Re: bblwi]
#7030064
10/28/20 04:15 AM
10/28/20 04:15 AM
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Joined: May 2010
Posts: 10,481 mn north of blakely
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,481
mn north of blakely
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I don't think it is the best for us to down play the need for adequate income when the poster is asking for ways to help manage for the future. Everyone has a different standard of living and for good reasons. Keeping one healthy so one can work when and as needed is crucial when other sources of income, or wealth are not ample. Staying healthy also lowers health care costs as well. For Coonman maybe taking early SS and finding work that is adequate but falls below the income ceiling may be a good option for him. Being a single adult also makes the situation easier but also makes it more risky in some ways.
Bryce Bryce the biggest risk I see is inflation. It won't take long to erode the buying power of $1000 a month. YukonJeff, I've never been accused of being called a penny pincher.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Retirement.
[Re: yukonjeff]
#7030171
10/28/20 07:59 AM
10/28/20 07:59 AM
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Joined: Feb 2020
Posts: 8,954 Indiana
Providence Farm
trapper
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trapper
Joined: Feb 2020
Posts: 8,954
Indiana
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Thanks Dad ^ Coonman Don't listen to all these old stiffs that pinched their pennies all their life like Mr Scrooge and now going to live it up when they are 70. Here's what you do. Find a third world country that you like .( Most are better than the US these days anyway) and move there when you retire with your grand a month and live like a king. Since you are single and American, It will be one time in your life that your White Privilege will shine through. Find a hot wife and when you get really old you can hire a live in helper to wipe your butt for about $100 a month. Your welcome. Sounds like the Philippines. Seriously have a couple of guys I work with that took Philippine wifes and one moved there. Wifes are half their age and very experienced being former prostitutes. Not for me but not judging. Some south American countries have low cost of living also
Last edited by Providence Farm; 10/28/20 08:04 AM.
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Re: Retirement.
[Re: Providence Farm]
#7030186
10/28/20 08:30 AM
10/28/20 08:30 AM
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Joined: Dec 2006
Posts: 10,646 Philippines, s.e. asia,ohio
west river rogue
trapper
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trapper
Joined: Dec 2006
Posts: 10,646
Philippines, s.e. asia,ohio
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Thanks Dad ^not all filipinas are prostitutes...sounds like judging to me. most work super hard to survive......16 hr days 6 days a week on the farms in ricefields. and in factories 16 hrs a day for 10-15 bucks a day. If your buddies chose prostitutes then thats what they wanted!!! Most filipinos speak 3 languages and more. Coonman Don't listen to all these old stiffs that pinched their pennies all their life like Mr Scrooge and now going to live it up when they are 70. Here's what you do. Find a third world country that you like .( Most are better than the US these days anyway) and move there when you retire with your grand a month and live like a king. Since you are single and American, It will be one time in your life that your White Privilege will shine through. Find a hot wife and when you get really old you can hire a live in helper to wipe your butt for about $100 a month. Your welcome. Sounds like the Philippines. Seriously have a couple of guys I work with that took Philippine wifes and one moved there. Wifes are half their age and very experienced being former prostitutes. Not for me but not judging. Some south American countries have low cost of living also
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