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I plan to work until at least 75. No need to save for retirement.
| disco fries | 09/01/25 |
| Nothing Ever Happens | 09/01/25 |
| disco fries | 09/01/25 |
| disco fries | 09/01/25 |
| disco fries | 09/01/25 |
| Oh, you travel? | 09/01/25 |
| disco fries | 09/01/25 |
| fascinating discourse | 09/01/25 |
| disco fries | 09/01/25 |
| .,...,..,.,.,:,,:,.,.,:::,...,:,.,,:..:.,:.::,. | 09/01/25 |
| disco fries | 09/01/25 |
Poast new message in this thread
Date: September 1st, 2025 10:42 AM Author: disco fries (his own flesh as well as all space was still a cage) I may even stop working before 75 just because there is no point. Came up with the following retirement income/spending plan. The bottom line is that by the time you're done with working you're going to have so much money coming in that you won't know what to do with it all. This explains why retirees spend multiple thousands per month on home repairs and take 12 cruises per year. It's truly insane. Sure you can't necessarily charter jets and go spend 12 weeks in St-Tropez, but retirement is clearly going to be a time of unbridled abundance. Income: Social Security - $4,730 Social Security Spousal - $2,365 Pension Annuity - $6,499 Retirement Income Annualized Subtotal: $163,128 Annualized Expenses: Property Taxes - $10,000 HOA - $800 Homeowners' Insurance - $6000 Water - $504 Nat Gas - $706 Internet - $600 Electricity - $3,800 Trash - $420 Grocer/Eating Out - $14,400 Auto Insurance (2 cars) - $4,800 Car Maintenance - $600 Car Repair/Tire Maintenance - $1,800 Travel/Vacations - $34,000 Shopping - $12,000 Home Maintenance/Repairs - $24,000 Healthcare - $12,000 Gasoline/Fuel - $1800 Online Services - $1,250 Income Taxes - $29,625 Annualized Spending: $157,159 Surplus: $5,969
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Date: September 1st, 2025 10:44 AM Author: Nothing Ever Happens (🧐) Fraud knowledge professions will be dead in 20 years tops, champ. You don’t have the balls to greet Walmart doors until 80. Also I didn’t read whatever you posted. (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228020) |
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Date: September 1st, 2025 10:51 AM Author: disco fries (his own flesh as well as all space was still a cage) The point is that what you save for retirement is kind of pointless because you’ll get to retirement age and you’ll have these sources of income, your tax burden will decline (at least relative to working because you won’t be taxed on a portion of your SS income and you won’t pay FICA taxes at all), you’ll also probably spend less money (certainly relative to years where you were paying for daycare/school/college). Old people have fuckloads of money. It’s kind of insane. |
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Date: September 1st, 2025 12:33 PM Author: disco fries (his own flesh as well as all space was still a cage) (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228236) |
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Date: September 1st, 2025 1:06 PM Author: disco fries (his own flesh as well as all space was still a cage) (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228332) |
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Date: September 1st, 2025 12:35 PM Author: Oh, you travel? ( ) Your arteries will explode before 55 you fat sack of shit. (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228245) |
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Date: September 1st, 2025 12:35 PM Author: disco fries (his own flesh as well as all space was still a cage) I have superior vascular health, friend. (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228248) |
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Date: September 1st, 2025 1:25 PM Author: fascinating discourse Ouch (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228372) |
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Date: September 1st, 2025 1:29 PM Author: disco fries (his own flesh as well as all space was still a cage) Why do you say ouch? There’s an entire industry of people that con others into giving them shitloads of money built on the premise that you have to “save for retirement” or that you’ll run out of money and be poor, or that you’ll be the really old frail lady checking people out at the grocer or collecting cans. It’s all completely overblown. The vast majority of retirees have never been richer. They have money coming out their ears and no idea on what to spend it all on. |
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Date: September 1st, 2025 1:31 PM Author: .,...,..,.,.,:,,:,.,.,:::,...,:,.,,:..:.,:.::,. You also planned to climb Mt Teewinot, how did that work out? (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228397) |
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Date: September 1st, 2025 1:35 PM Author: disco fries (his own flesh as well as all space was still a cage) I am training every day to climb Teewinot. When I summit next year you will be eating your words itt. (http://www.autoadmit.com/thread.php?thread_id=5768418&forum_id=2,#49228412) |