The pilot shortage is over:
03-17-2024 | 03:45 PM
#101
Line holder
Joined: Nov 2013
Posts: 4,179
Likes: 259
From: Aircraft & Seat: old & hard
You do you. My plan is to retire with enough money that I can take out what I need/want, without the principal going down. Based on a conservative ROI and corrected for higher than average inflation. I also plan on SSI not paying. Maybe my spending is a problem, but my planning is not.
03-17-2024 | 04:48 PM
#102
Banned
Joined: Jan 2008
Posts: 2,625
Likes: 0
From: Pilot
You do you. My plan is to retire with enough money that I can take out what I need/want, without the principal going down. Based on a conservative ROI and corrected for higher than average inflation. I also plan on SSI not paying. Maybe my spending is a problem, but my planning is not.
03-17-2024 | 05:24 PM
#103
Gets Weekends Off
Joined: Nov 2016
Posts: 2,607
Likes: 12
You do you. My plan is to retire with enough money that I can take out what I need/want, without the principal going down. Based on a conservative ROI and corrected for higher than average inflation. I also plan on SSI not paying. Maybe my spending is a problem, but my planning is not.
03-17-2024 | 06:24 PM
#104
Line Holder
Joined: Oct 2021
Posts: 414
Likes: 8
Call me spoiled, but I would like to avoid being broke and old, I was broke when I was younger, and I am getting older, can't say I like either..... And I would like to leave my kids at least the family home. My in-laws are also rapidly approaching 90 and still lliving without help. All 4 still travelling and enjoying life until well past 80. Good chance I will be in that position, so that is what I plan for. If that means working longer and harder: my choice, my problem.
03-17-2024 | 06:39 PM
#105
Gets Weekends Off
Joined: Jun 2010
Posts: 7,578
Likes: 288
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
To be fair human life expectancy continues to increase as time goes on so most likely most of us will live well past 65. However, there’s no reason you should seriously be worried about running out of money. If you are then that’s a personal problem and you need to reevaluate the current lifestyle you’re living and live below your means.
03-17-2024 | 08:22 PM
#106
Line Holder
Joined: Apr 2022
Posts: 1,796
Likes: 139
You do you. My plan is to retire with enough money that I can take out what I need/want, without the principal going down. Based on a conservative ROI and corrected for higher than average inflation. I also plan on SSI not paying. Maybe my spending is a problem, but my planning is not.
Spending isn’t a problem. You're living YOUR life. Posterity is an ideology from a time of the have and have not nobility.
03-18-2024 | 06:22 AM
#107
Line Holder
Joined: Jan 2022
Posts: 576
Likes: 13
To be fair human life expectancy continues to increase as time goes on so most likely most of us will live well past 65. However, there’s no reason you should seriously be worried about running out of money. If you are then that’s a personal problem and you need to reevaluate the current lifestyle you’re living and live below your means.
03-18-2024 | 07:11 AM
#108
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,167
Likes: 803
From: Engines Turn or People Swim
But human nature is to want to take care of your kids, so you need to allow for *some* inheritance. With some administrative difficulty you could allow X amount to go to the kids, but then reduce how much of that could be passed to grandkids, etc. The taxman would have to keep accurate records for 100+ years.
03-18-2024 | 08:44 AM
#109
Line Holder
Joined: Apr 2022
Posts: 1,796
Likes: 139
I'm actually good with strict limits on inheritance. We don't really need oligarch families with massive wealth across generations and centuries in this country.
But human nature is to want to take care of your kids, so you need to allow for *some* inheritance. With some administrative difficulty you could allow X amount to go to the kids, but then reduce how much of that could be passed to grandkids, etc. The taxman would have to keep accurate records for 100+ years.
But human nature is to want to take care of your kids, so you need to allow for *some* inheritance. With some administrative difficulty you could allow X amount to go to the kids, but then reduce how much of that could be passed to grandkids, etc. The taxman would have to keep accurate records for 100+ years.
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