Originally Posted by
FDX1
So lets see since ya'll decided to stay past 60 what's happened to your retirement;
401K, B fund dropped like a rock depending on portfolio and could have losses in the neighborhood of 40%. Trending down.
High 5 average earnings...Hope you already got em! Unobtainable now with BLG redux.
Lost time at home enjoying retirement and xx number of days closer to 6 feet under.
So how has that decision shaped up so far! Guess the I'll take mine at any cost attitude is getting more expensive.
If it were me I guess I would be having serious thoughts of any future issues with retirement in this severe economic downturn.
They have their high 5 and are getting paid 100 to 130 hours month now (look at some if you don't believe me). They don't want to be home they'd rather be with the 20 year olds for hire around the world. Not sure about the 401Ks but at their age most of it was probably in cash and they are still contributing to it, not drawing/living on it. Oh yea, they are getting an extra 7% into their Bfunds, and their health care is much cheaper.
These guys are living a dream right now and won't be going anywhere. We need to accept it and move on..