27 Jul 2023 9:35 pm
Regarding SSI = takes 17.5 years to break even = does anyone want to die first? I took my early.Skans » 26 Jul 2023, 8:00 am » wrote: ↑ Skans' Rules of Retirement:
- Save and invest enough money over your lifetime so that you can comfortably retire some day. Make sure you have enough saved to live comfortably well into your '90's, with a substantial "buffer" for things you can't predict.
- Retire from highly stressful work as soon as you are financially able to.
- Then, work for yourself or find a hobby (something that will not make you enough money to live on) that challenges you and you love doing.
- Incorporate a regimented exercise routine in every day
- Incorporate regular social activities through out your week
- Social Security - consider it a monthly bonus. Take it as soon as you can, because you may die before receiving the extra money for delaying. And, if you NEED social security to live on, then you are not ready to retire.
Also made the decision that because I have never understood what exactly retirement is why plan for something
that is a question mark?
I like to be busy and interactive at the same time which employment can be. Then I became interested in how many corporations are not fulfilling retirement agreements, how loan scams screw with YOUR money, how many lose health insurance etc etc etc.......... staying part time employed is not a bad idea.
Traveling the world translates into the probability of my money contributing to fascist and/or communist governments = what the hell no way jose'.
America really offers a lot for vacation escapades and educational opportunities to which I believe we Americans
are not respecting ...... and I may never retire per se.
If one can stay healthy one doesn't need medical insurance .................... paying out thousands a year and rarely using health insurance is a lose lose deal.