50+ thread

Yesterday wife said there'd be alot more room in kitchen if it weren't for fridge.
She had a point. I measured in utility around corner and I can move fridge there. I have to move some shelving but I can't wait. I'm the cook and I've always hated our kitchen so I didn't replace over fridge cabinet. We will gain 3' of wall cabinets and counter so that'll be a 4-1/2' counter next to stove!

 

fitty-foa

 

It would be fun ... Once then the ambulance shows up and ruins it lol

Cypher

 

Here most of the ice shantys have numbers on them and the local or sometimes not so local pizza places deliver pizza on snowmobiles to them. Gesh not sure if that is a step forward or backwards.

The movie Grumpy Old Men was filmed near here.

I'm 58 and had planned to retire for good this year. Until the divorce now it is 67 for me. Could do it sooner but would take one heck of a hit. At least I have a job don't mind doing. Most days anyhow, some days are worse than others. My father told me once you get into your 50's any type of work starts to become just that, work. I've come to realize that he was a very smart man.

I've seen the same exact thing. People ask me what I would do to keep busy when I retire and I just stare at them. There are so many things to do that work interfers with life at this point. And very well said!

 

Out of idle curiosity why wait till 67 ? You ever do the math, I just pulled it up according to CDC avg life span for males is 76.6 https://www.cdc.gov/nchs/data/nvsr/nvsr65/nvsr65_04.pdf Table 7, this is what you get plugging in generic numbers https://smartasset.com/retirement/social-security-calculator#u1ZAOaV4yX

Social Security Benefits if you begin claiming at age: 62
$21,656

Social Security Benefits if you begin claiming at age: 67
$31052.00

Using the CDC Avg 76.6 not the SS Admin Avg of 84.3 and 45K a year salary.

76.6-62 = 14.6 So: 14.6 yrs x 21656.00 = 316177.00
76.6-67=9.6 So: 9.6 yrs x 31052.00= 298099.00

Of course all things are relevant your health , locale etc etc

If you use the SS Admin Avg Age:
https://www.ssa.gov/planners/lifeexpectancy.html

84.3-62=22.3 So: 22.3 x $21656.00 = $482928.8
84.3-67= 17.3 So: 17.3 x $31052.00 = $537.199.6

Now here we see a total of 54270.8 Difference Which might make more sense if SS is the only thing you have coming in. The question is whose avg life span do you believe .. And again only you know the health and other relevant factors along with your financial status involved. So if you have not yet perhaps sit down with a professional and have them figure everything up . You might be surprised I personally know 2 guys who thought they had to keep working till full retirement but after sitting down with a retirement planner and seeing all the numbers together lol they realized they were loosing money coming to work. You have to factor in what you need to live on along with what you will no longer be putting out to go to work. Just some thoughts :}

Cypher

 

No retirement for at least 9 years, 65 is the goal. I have to sit down with the retirement planner at work, he crunches the numbers and tells you what you need to do to get there.

In the meantime here are some more fishing pics for Mike.

 

Ok I will bite ?? this means?

Cypher

 

I would guess 54

 

Back from run and went to store while I was out. Going 45 with up to 45 head wind coming home!

Anniversary tomorrow so I got wife choice of salmon or prime rib. I may eat both

 

Like fitty cent?

 

Whever

 

New poll.
Just saw

 

Never had someone take a pic or vid of me actually fishing. Holding fish only.
Maybe something to look into.

 

Should of been when would you would like to.
Plans turn to crap.
Or when would you like to but in reality is really.....

 

I am a victim of a misspent youth, some by choice, some not. Never worked at a place with a pension. Never put enough away,it was going to be tomorrow. Well it's tomorrow, today. Both wife and I are at 10% into 401k,trying to catch up. I think we're going to have to wait until 67.

 

My main goal is not to have my retirement party and my wake in the same week.

 

I was never really taught the importance of saving for retirement when I was young, and my dad, even though he did plan for retirement, is a workaholic and at 76 still works as a diesel mechanic for half the year. I do get a bit aggravated at my parents for not teaching me the importance of money. Im one of those that doesn't really care about it.
So a few years back I realized I was going to have to develop a plane if I didn't want to work till I die, which is kinda hard to do when life changes and health issues start showing their ugly heads. Ive basically come up with the idea to try and get what I will need for retirement before hand and then try to live a simple life.

 

That would be good. About 10 years would be even better.

 

I had money planning preached to me by my mother. She was buying bonds back when she was a teenager in the late 40s and early 50s. Funny, many she never told my dad about just to insure that she'd still have something to fall back in her golden years. We took some of her stuff to the bank a while back as they were past the point of maturity and the folks at the bank had never seen bonds like what she had. Grant it, these were very low yield but it was part of her safety net and all still intact.