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Re: How much money do you
[Re: cathryn]
#7697153
10/21/22 05:19 AM
10/21/22 05:19 AM
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Joined: Dec 2006
Posts: 31,401
williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 31,401
williamsburg ks
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Late 70,s early eighties we had inflation like this. Once it slowed down stories about old people eating pet food were common.
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: How much money do you
[Re: ]
#7697154
10/21/22 05:21 AM
10/21/22 05:21 AM
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Joined: Sep 2010
Posts: 2,824
Northern lower Michigan
Feedinggrounds
trapper
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trapper
Joined: Sep 2010
Posts: 2,824
Northern lower Michigan
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Good post Feedinggrounds. And well played, your humble assistance for the widows, orphans, and aliens among us.
As we all go about our days, there are indeed many people who aren't able to provide for themselves in ways we might consider "comfortable."
Have some made poor choices along the trail? Who hasn't.
Have some made some good choices along the trail? Who doesn't?
I'll comment that when it comes to the end of our trail, I've noticed most people think differently about the things that truly matter. Not everyone, but most do.
Now, the people around them are typically doing the things they typically do.
People who are straight up - are straighter up. People who are quiet - get more quiet. People who are louder - get loudest.
Quite fascinating, the things I learn, as I observe.
We'll all be there one day and until then...
slip a $50 at the St. Vinnie's or buy a vet a meal, or say hi when the person next to you a crab butthead.
You'll end your life with others around you, not as vultures, but as caring people who love you. Till the end.
It's not how you start, it's how you finish, right?
Blessings,
Mark
Amen
you're only allowed so many sunrises... I aim to see every one of them!
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Re: How much money do you
[Re: cathryn]
#7697158
10/21/22 05:29 AM
10/21/22 05:29 AM
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Mark June
Unregistered
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Mark June
Unregistered
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If you plan to draw $40,000 a year, which is low by American "comfort" standards, because the mean income in 2020 was north of $67,000...
you'll need $1,000,000 in savings.
You want $60,000...
You'll need 1.5M.
These numbers leave > 95% of Americans curbside.
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Re: How much money do you
[Re: cathryn]
#7697165
10/21/22 05:34 AM
10/21/22 05:34 AM
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Joined: May 2010
Posts: 11,066
MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 11,066
MN
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Mark I'm interested to hear any replies to your figures. Most can not grasp the power of inflation and how it erodes purchasing power.
"Gold is money, everything else is just credit" JP Morgan
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Re: How much money do you
[Re: Steven 49er]
#7697169
10/21/22 05:40 AM
10/21/22 05:40 AM
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Mark June
Unregistered
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Mark June
Unregistered
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Mark I'm interested to hear any replies to your figures. Most can not grasp the power of inflation and how it erodes purchasing power. True. And most people try to catch the wind during their last years, months, or... days.
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Re: How much money do you
[Re: cathryn]
#7697336
10/21/22 11:47 AM
10/21/22 11:47 AM
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Joined: Dec 2010
Posts: 11,918
Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,918
Armpit, ak
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I think Bryce recommends semi-retirement to deal with inflation. Plenty of work out there at inflated wages.
Who is John Galt?
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Re: How much money do you
[Re: Dirt]
#7697342
10/21/22 11:54 AM
10/21/22 11:54 AM
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Joined: Aug 2011
Posts: 47,651
james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 47,651
james bay frontierOnt.
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I think Bryce recommends semi-retirement to deal with inflation. Plenty of work out there at inflated wages. Work is over rated especially with so much free money available from the Gov't. People nowadays steep themselves in the Bohemian lifestyle.
Forget that fear of gravity-get a little savagery in your life.
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