gwalchmai Posted February 22, 2022 Share Posted February 22, 2022 Yay or nay? 1 Link to comment Share on other sites More sharing options...
janice6 Posted February 22, 2022 Share Posted February 22, 2022 Nay! It's enough to invest for future profits, but not enough to justify quitting a good job. It wouldn't last long enough, and potential employers would wonder why you were unemployed for an extended length of time thereby hurting your potential for re-entering the job force. 3 Link to comment Share on other sites More sharing options...
GT4494 Posted February 22, 2022 Share Posted February 22, 2022 Yay!! But i'm already retired so my answer may not matter.. 4 1 Link to comment Share on other sites More sharing options...
MO Fugga Posted February 23, 2022 Share Posted February 23, 2022 Self employed, so no. It's good to be the boss! 500k ain't much H&B these days. 1 1 Link to comment Share on other sites More sharing options...
ChuteTheMall Posted February 23, 2022 Share Posted February 23, 2022 Tough question for a retiree. 2 Link to comment Share on other sites More sharing options...
janice6 Posted February 23, 2022 Share Posted February 23, 2022 27 minutes ago, GT4494 said: Yay!! But i'm already retired so my answer may not matter.. True. BUT! I invested $9,000+ when I retired. I haven't taken any out yet, but it's now $182,000. It's in addition to my regular retirement money. So, if you took the money and invested it during retirement it's a real benefit. 1 Link to comment Share on other sites More sharing options...
Silentpoet Posted February 23, 2022 Share Posted February 23, 2022 My current job yes. I still haven't got a welding job. But I could finish outfitting my truck with gear for mobile welding. Buy a small house in the country either with a shop or with room for one. And still have a pretty good nest egg left over. 2 Link to comment Share on other sites More sharing options...
railfancwb Posted February 23, 2022 Share Posted February 23, 2022 51 minutes ago, GT4494 said: Yay!! But i'm already retired so my answer may not matter.. me too, you! 2 Link to comment Share on other sites More sharing options...
minervadoe Posted February 23, 2022 Share Posted February 23, 2022 Nay. It's not enough to retire on. 2 Link to comment Share on other sites More sharing options...
Batesmotel Posted February 23, 2022 Share Posted February 23, 2022 Yay. But I’m only working part time right now. And that’s for our own company. If I quit, my wife gets my money. 2 Link to comment Share on other sites More sharing options...
aomagrat Posted February 23, 2022 Share Posted February 23, 2022 I'm already retired but sure, I'll take it. 2 Link to comment Share on other sites More sharing options...
MO Fugga Posted February 23, 2022 Share Posted February 23, 2022 My retirement plan is robbing assholes that deserve it. 1 Link to comment Share on other sites More sharing options...
RS_Rider Posted February 23, 2022 Share Posted February 23, 2022 Yay. I'm pulling the plug in 5 years max. $500k would easily cover me until 59 1/2. 2 Link to comment Share on other sites More sharing options...
holyjohnson Posted February 23, 2022 Share Posted February 23, 2022 sure, but i`d start looking for a new job right away. i go crazy without something to do. 1 1 Link to comment Share on other sites More sharing options...
gwalchmai Posted February 23, 2022 Author Share Posted February 23, 2022 8 hours ago, MO Fugga said: My retirement plan is robbing assholes that deserve it. That's a shitty plan. 1 1 Link to comment Share on other sites More sharing options...
DAKA Posted February 23, 2022 Share Posted February 23, 2022 $500,000 ain't what it used to be 2 Link to comment Share on other sites More sharing options...
railfancwb Posted February 24, 2022 Share Posted February 24, 2022 On 2/22/2022 at 5:55 PM, GT4494 said: Yay!! But i'm already retired so my answer may not matter.. me too, you! 1 Link to comment Share on other sites More sharing options...
Swampfox762 Posted February 24, 2022 Share Posted February 24, 2022 Oh HELL yeah!!! I'm already retired, 74, and If I can't keep breathin after this last operation, My Wife and Daughter get the money!!! WIN! 1 Link to comment Share on other sites More sharing options...
janice6 Posted February 24, 2022 Share Posted February 24, 2022 1 hour ago, Swampfox762 said: Oh HELL yeah!!! I'm already retired, 74, and If I can't keep breathin after this last operation, My Wife and Daughter get the money!!! WIN! I'm 82 and I'm still collecting money with the expectation of living to 100 like my father and grandfather on mother's side. Don't get me wrong, I'm still intermittently collecting on other stock funds when the outgo approaches the income, but one of these days I'm going to say, "To hell with the income taxes" and cash it all in. If there is something left after my wife's smile leaves her face, the kids can have it. 1 Link to comment Share on other sites More sharing options...
minderasr Posted February 25, 2022 Share Posted February 25, 2022 Oh hell yeah. I'm a few months away from retirement as it is. So definitely yes. Link to comment Share on other sites More sharing options...
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