Popular Post Dirtyhip Posted October 17, 2017 Popular Post Share #1 Posted October 17, 2017 The guy gave me some great advice a bunch of years back. When my husband was in school, I was hell bent to quit my job after he finished. I was miserable. My boss was a micro manager that enjoyed belittling people. Taking initiative was almost a bad thing with her. She loved to tell you why your idea would never work, because she had a better one. I was fully planning on leaving my job and being a housewife. Mojo advised against it. He said "Keep working, and you can get to mutual retirement faster." I shrugged off what he said at the time. Months turned into years. My husband graduated and got a great job. I plugged along, to save a little more. Then, a miracle happened. My boss was demoted. They basically just pushed her into a cushy easy job, but with no employees under her. I am sure she had the same pay, but she was essentially removed. My new boss is amazing. She listens, and has changed so many processes to be easier. Another gal retired. I pushed to get her position, but you work less hours. This change has made me so much happier. I don't have to work as many hours, during the year. This makes working longer much easier. Now, back to what Mojo said. "Mutual retirement will come quicker." We're less than ten years from mutual retirement. Thanks, Mojo. I don't think he came over during the last migration. That guy helped me in my path a bit. When I opted to stay working, I could hear his advice in my head. Work hard...then relax. 9 1 Link to comment Share on other sites More sharing options...
Kirby Posted October 17, 2017 Share #2 Posted October 17, 2017 Glad things changed for the positive at your job to help make this plan a viable option! Link to comment Share on other sites More sharing options...
Parr8hed Posted October 17, 2017 Share #3 Posted October 17, 2017 One of my absolute favorite posters. 1 Link to comment Share on other sites More sharing options...
TrentonMakes Posted October 17, 2017 Share #4 Posted October 17, 2017 Good times..... trolling that "riddle" forum, and I think I still have a few HC points kicking around in my desk. Glad you got some good advice too. 1 Link to comment Share on other sites More sharing options...
Longjohn Posted October 17, 2017 Share #5 Posted October 17, 2017 Sometimes stuff happens and the folks that planned the early retirement end up working longer but it doesn’t hurt to plan. I worked with a guy that always said he was going to retire at 50. Then he got remarried and his wife wanted a nicer house, then she was in an accident and wasn’t able to work, then the stock market crashed. He finally retired in his seventies when he was no longer able to work. I always played it by ear, it’s working out fine. 1 Link to comment Share on other sites More sharing options...
Parsnip Totin Jack Posted October 17, 2017 Share #6 Posted October 17, 2017 Remember, that while Mojo gave the advice, it was you who chose to follow it. Pat yourself on the back too. 4 Link to comment Share on other sites More sharing options...
Fret Buzz Posted October 17, 2017 Share #7 Posted October 17, 2017 27 minutes ago, Dirtyhip said: The guy gave me some great advice a bunch of years back. When my husband was in school, I was hell bent to quit my job after he finished. I was miserable. My Then, a miracle happened. My boss was demoted. They basically just pushed her into a cushy easy job, but with no employees under her. I am sure she had the same pay, but she was essentially removed. And that is why the government is "broken"! It operates not at all like a private corporation. Tom Link to comment Share on other sites More sharing options...
Dirtyhip Posted October 17, 2017 Author Share #8 Posted October 17, 2017 47 minutes ago, Razors Edge said: And that is why the government is "broken"! It operates not at all like a private corporation. Tom Not always. Corps do this too, if you are high enough up the chain. and, I don't work for the Govt anyway. This kind of behavior is rampant, if you know the right people. Link to comment Share on other sites More sharing options...
pedalphile Posted October 17, 2017 Share #9 Posted October 17, 2017 1 hour ago, Parr8hed said: One of my absolute favorite posters. 1 of mine least favourites. Link to comment Share on other sites More sharing options...
Dirtyhip Posted October 17, 2017 Author Share #10 Posted October 17, 2017 1 hour ago, Longjohn said: Sometimes stuff happens and the folks that planned the early retirement end up working longer but it doesn’t hurt to plan. I worked with a guy that always said he was going to retire at 50. Then he got remarried and his wife wanted a nicer house, then she was in an accident and wasn’t able to work, then the stock market crashed. He finally retired in his seventies when he was no longer able to work. I always played it by ear, it’s working out fine. OK, Debbie Downer. I hope I don't have an accident, have a stroke, or whatever. The stock market could crash. That is why when you are close to retirement, you invest much more in safer investments. A balanced portfolio is the goal. Target funds are great, and even using a more conservative target date. I have an appointment with a planner to make sure I am on track with the goal. We may still try to bang out 3 months of work per year, in retirement. This is due to the health care concern. We can probably afford a good policy if we work just a little, each year. Well, until we get to 65, when there are more options for us. Link to comment Share on other sites More sharing options...
Longjohn Posted October 17, 2017 Share #11 Posted October 17, 2017 The definition of a pessimist = an optimist with experience. 2 Link to comment Share on other sites More sharing options...
2Far Posted October 17, 2017 Share #12 Posted October 17, 2017 Was he the guy with the Veyron? Link to comment Share on other sites More sharing options...
Randomguy Posted October 17, 2017 Share #13 Posted October 17, 2017 1 minute ago, 2Far said: Was he the guy with the Veyron? Who was the guy that went nuts and got all into knives and started banging a psycho hussy? Link to comment Share on other sites More sharing options...
Popular Post Road Runner Posted October 17, 2017 Popular Post Share #14 Posted October 17, 2017 1 minute ago, Randomguy said: Who was the guy that went nuts and got all into knives and started banging a psycho hussy? Haven't we all done that at one time or another? 3 2 Link to comment Share on other sites More sharing options...
2Far Posted October 17, 2017 Share #15 Posted October 17, 2017 Mookie 2 Link to comment Share on other sites More sharing options...
Road Runner Posted October 17, 2017 Share #16 Posted October 17, 2017 2 minutes ago, 2Far said: Mookie So I guess psycho hussy is Pixie? Link to comment Share on other sites More sharing options...
Dirtyhip Posted October 17, 2017 Author Share #17 Posted October 17, 2017 11 minutes ago, 2Far said: Was he the guy with the Veyron? Was that really true, tho? We can say a lot of thing on here. LIke, are you sure I am even a girl? Maybe I am a transgender guy, who lives in a van ...down by the river. 1 1 Link to comment Share on other sites More sharing options...
Randomguy Posted October 17, 2017 Share #18 Posted October 17, 2017 13 minutes ago, Road Runner said: So I guess psycho hussy is Pixie? Yes. Link to comment Share on other sites More sharing options...
Ltdskilz Posted October 17, 2017 Share #19 Posted October 17, 2017 1 hour ago, pedalphile said: 1 of mine least favourites. I must have liked him. Link to comment Share on other sites More sharing options...
ChrisL Posted October 17, 2017 Share #20 Posted October 17, 2017 1 hour ago, Dirtyhip said: OK, Debbie Downer. I hope I don't have an accident, have a stroke, or whatever. The stock market could crash. That is why when you are close to retirement, you invest much more in safer investments. A balanced portfolio is the goal. Target funds are great, and even using a more conservative target date. I have an appointment with a planner to make sure I am on track with the goal. We may still try to bang out 3 months of work per year, in retirement. This is due to the health care concern. We can probably afford a good policy if we work just a little, each year. Well, until we get to 65, when there are more options for us. Another thing to consider is not carrying debt intonretirement. That's our goal, sell the house or if we stay it will be paid off by retirement and not get into debt while we build on our retirement savings another 15 years or so... My mom didn't live on much in retirement but she had no bills either. Link to comment Share on other sites More sharing options...
Dirtyhip Posted October 17, 2017 Author Share #21 Posted October 17, 2017 2 minutes ago, ChrisL said: Another thing to consider is not carrying debt intonretirement. That's our goal, sell the house or if we stay it will be paid off by retirement and not get into debt while we build on our retirement savings another 15 years or so... My mom didn't live on much in retirement but she had no bills either. I could not agree more. I read that more people are carrying debt into retirement. That hopefully will not be us. Maybe we take a loan to build the new home, but as soon as we can get out renters out of our other home, we can sell it and use that cash. Personally, I would prefer an all cash thing. Building a home is spendy tho, even with or tiny plans. Link to comment Share on other sites More sharing options...
Kirby Posted October 17, 2017 Share #22 Posted October 17, 2017 2 hours ago, Dirtyhip said: OK, Debbie Downer. . . . .. Target funds are great, and even using a more conservative target date. I have an appointment with a planner to make sure I am on track with the goal. I agree re target funds but you also need to make sure you understand the glide path for your particular fund. Two different Target Retirement 2025 funds from different fund families can have very different asset allocations along the way and even end up with different final allocations. Always make sure the particular glide path for a Target Fund is consistent with your desired allocation, especially if a couple has multiple retirement accounts with different allocations. Link to comment Share on other sites More sharing options...
Longjohn Posted October 17, 2017 Share #23 Posted October 17, 2017 3 hours ago, Dirtyhip said: Was that really true, tho? We can say a lot of thing on here. LIke, are you sure I am even a girl? Maybe I am a transgender guy, who lives in a van ...down by the river. I didn’t say anything. Link to comment Share on other sites More sharing options...
Dirtyhip Posted October 17, 2017 Author Share #24 Posted October 17, 2017 2 hours ago, Kirby said: I agree re target funds but you also need to make sure you understand the glide path for your particular fund. Two different Target Retirement 2025 funds from different fund families can have very different asset allocations along the way and even end up with different final allocations. Always make sure the particular glide path for a Target Fund is consistent with your desired allocation, especially if a couple has multiple retirement accounts with different allocations. Smart cookie, you are, Kirb. I have a little in Vanguard, but mostly Fidelity. Fidelity seems to be on the more conservative side, and I appreciate that. Also, I target an earlier date than maturity date. I like a bit of safety. 1 Link to comment Share on other sites More sharing options...
Ralphie Posted October 17, 2017 Share #25 Posted October 17, 2017 7 hours ago, Dirtyhip said: Not always. Corps do this too, if you are high enough up the chain. and, I don't work for the Govt anyway. This kind of behavior is rampant, if you know the right people. I have seen that happen a few times - screw up enough and some people get kicked upstairs. Amazing. I agree completely with waiting out the bad bosses. I just saw an extreme case of that, thankfully not my direct boss, but close enough to make my life miserable. Some last longer than others, but usually they are high flyers that soon disappear up the food chain. Link to comment Share on other sites More sharing options...
donkpow Posted October 18, 2017 Share #26 Posted October 18, 2017 10 hours ago, Dirtyhip said: Now, back to what Mojo said. "Mutual retirement will come quicker." I was going to say that. Link to comment Share on other sites More sharing options...
Airehead Posted October 18, 2017 Share #27 Posted October 18, 2017 8 hours ago, Dirtyhip said: Was that really true, tho? We can say a lot of thing on here. LIke, are you sure I am even a girl? Maybe I am a transgender guy, who lives in a van ...down by the river. I always thought you were. 1 Link to comment Share on other sites More sharing options...
Airehead Posted October 18, 2017 Share #28 Posted October 18, 2017 And I love you still 1 Link to comment Share on other sites More sharing options...
Dirtyhip Posted October 18, 2017 Author Share #29 Posted October 18, 2017 17 minutes ago, Airehead said: I always thought you were. Link to comment Share on other sites More sharing options...
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