Home › Forums › Financial Markets/Economics › $500k and 33years old, when is enough enough?
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December 20, 2010 at 4:38 PM #643825December 20, 2010 at 4:54 PM #642726EugeneParticipant
[quote=jstoesz]Ask a Minneapolis resident if they would give up there family cabin and trade in there SFH for a condo in the ghetto. [/quote]
Or, rather, give up this
http://minneapolis.craigslist.org/hnp/apa/2122830056.html
for this
http://sandiego.craigslist.org/csd/apa/2118267414.html
[quote]Oh and by the way you are going to be fighting for a job with 4% higher unemployment.[/quote]
Unemployment comes and goes, climate is forever.December 20, 2010 at 4:54 PM #642798EugeneParticipant[quote=jstoesz]Ask a Minneapolis resident if they would give up there family cabin and trade in there SFH for a condo in the ghetto. [/quote]
Or, rather, give up this
http://minneapolis.craigslist.org/hnp/apa/2122830056.html
for this
http://sandiego.craigslist.org/csd/apa/2118267414.html
[quote]Oh and by the way you are going to be fighting for a job with 4% higher unemployment.[/quote]
Unemployment comes and goes, climate is forever.December 20, 2010 at 4:54 PM #643378EugeneParticipant[quote=jstoesz]Ask a Minneapolis resident if they would give up there family cabin and trade in there SFH for a condo in the ghetto. [/quote]
Or, rather, give up this
http://minneapolis.craigslist.org/hnp/apa/2122830056.html
for this
http://sandiego.craigslist.org/csd/apa/2118267414.html
[quote]Oh and by the way you are going to be fighting for a job with 4% higher unemployment.[/quote]
Unemployment comes and goes, climate is forever.December 20, 2010 at 4:54 PM #643514EugeneParticipant[quote=jstoesz]Ask a Minneapolis resident if they would give up there family cabin and trade in there SFH for a condo in the ghetto. [/quote]
Or, rather, give up this
http://minneapolis.craigslist.org/hnp/apa/2122830056.html
for this
http://sandiego.craigslist.org/csd/apa/2118267414.html
[quote]Oh and by the way you are going to be fighting for a job with 4% higher unemployment.[/quote]
Unemployment comes and goes, climate is forever.December 20, 2010 at 4:54 PM #643835EugeneParticipant[quote=jstoesz]Ask a Minneapolis resident if they would give up there family cabin and trade in there SFH for a condo in the ghetto. [/quote]
Or, rather, give up this
http://minneapolis.craigslist.org/hnp/apa/2122830056.html
for this
http://sandiego.craigslist.org/csd/apa/2118267414.html
[quote]Oh and by the way you are going to be fighting for a job with 4% higher unemployment.[/quote]
Unemployment comes and goes, climate is forever.December 20, 2010 at 5:03 PM #642731anParticipant[quote=Doooh][quote=UCGal]I could not have considered retiring at the OPs age. Not without hitting the lottery or getting a big inheritance.[/quote]
Would you have consider it with a paid off house outside of So Cal, and a 1/2 million in the bank?[/quote]
I know I wouldn’t. $500k is definitely not enough to support 2 people for 50-60 years, especially when you have to pay for health insurance. If you say a paid off house and $5M in the bank, then totally.December 20, 2010 at 5:03 PM #642803anParticipant[quote=Doooh][quote=UCGal]I could not have considered retiring at the OPs age. Not without hitting the lottery or getting a big inheritance.[/quote]
Would you have consider it with a paid off house outside of So Cal, and a 1/2 million in the bank?[/quote]
I know I wouldn’t. $500k is definitely not enough to support 2 people for 50-60 years, especially when you have to pay for health insurance. If you say a paid off house and $5M in the bank, then totally.December 20, 2010 at 5:03 PM #643383anParticipant[quote=Doooh][quote=UCGal]I could not have considered retiring at the OPs age. Not without hitting the lottery or getting a big inheritance.[/quote]
Would you have consider it with a paid off house outside of So Cal, and a 1/2 million in the bank?[/quote]
I know I wouldn’t. $500k is definitely not enough to support 2 people for 50-60 years, especially when you have to pay for health insurance. If you say a paid off house and $5M in the bank, then totally.December 20, 2010 at 5:03 PM #643519anParticipant[quote=Doooh][quote=UCGal]I could not have considered retiring at the OPs age. Not without hitting the lottery or getting a big inheritance.[/quote]
Would you have consider it with a paid off house outside of So Cal, and a 1/2 million in the bank?[/quote]
I know I wouldn’t. $500k is definitely not enough to support 2 people for 50-60 years, especially when you have to pay for health insurance. If you say a paid off house and $5M in the bank, then totally.December 20, 2010 at 5:03 PM #643840anParticipant[quote=Doooh][quote=UCGal]I could not have considered retiring at the OPs age. Not without hitting the lottery or getting a big inheritance.[/quote]
Would you have consider it with a paid off house outside of So Cal, and a 1/2 million in the bank?[/quote]
I know I wouldn’t. $500k is definitely not enough to support 2 people for 50-60 years, especially when you have to pay for health insurance. If you say a paid off house and $5M in the bank, then totally.December 20, 2010 at 5:07 PM #642736scaredyclassicParticipantThe case for ditching your mortgage, your credit cards and steady employment is laid out so hilariously, articulately, thought-provokingly and with lots of fascinating historical factoids by tom hodgkinson in THE FREEDOM MANIFESTO that i hesitate to even attempt to reproduce any of it here. I read the bulk of the book in one giant late night swallow/slightly higher than normal alcohol intake session. One fact Ir emember was the historical record of how many days off serfs had and about how mucht hey actually worked. Turns out serfs in europe had a relatively sweetd eal to our crappy schedules, many more feast and holidays, lots of lying about. Tom is a big advocate of lots of free time. Please, truly, pick up a copy. It was my favorite book of 2009. it must be read by anyone seriously contemplating dropping out of the system. I guess as for myself when it came down to it, I just believe that no one on their deathbed ever regretted spending too much time in the office, and I made my decision accordingly. But seriously, I’m just not cool enough to unplug from therat race.
i can’t remember what tom had to say on health insurance, but he was as a strong advocate of plenty of drinking and loafing about. and hanging out with kids. and general neighbohood tomfoolery and merriment.
December 20, 2010 at 5:07 PM #642808scaredyclassicParticipantThe case for ditching your mortgage, your credit cards and steady employment is laid out so hilariously, articulately, thought-provokingly and with lots of fascinating historical factoids by tom hodgkinson in THE FREEDOM MANIFESTO that i hesitate to even attempt to reproduce any of it here. I read the bulk of the book in one giant late night swallow/slightly higher than normal alcohol intake session. One fact Ir emember was the historical record of how many days off serfs had and about how mucht hey actually worked. Turns out serfs in europe had a relatively sweetd eal to our crappy schedules, many more feast and holidays, lots of lying about. Tom is a big advocate of lots of free time. Please, truly, pick up a copy. It was my favorite book of 2009. it must be read by anyone seriously contemplating dropping out of the system. I guess as for myself when it came down to it, I just believe that no one on their deathbed ever regretted spending too much time in the office, and I made my decision accordingly. But seriously, I’m just not cool enough to unplug from therat race.
i can’t remember what tom had to say on health insurance, but he was as a strong advocate of plenty of drinking and loafing about. and hanging out with kids. and general neighbohood tomfoolery and merriment.
December 20, 2010 at 5:07 PM #643388scaredyclassicParticipantThe case for ditching your mortgage, your credit cards and steady employment is laid out so hilariously, articulately, thought-provokingly and with lots of fascinating historical factoids by tom hodgkinson in THE FREEDOM MANIFESTO that i hesitate to even attempt to reproduce any of it here. I read the bulk of the book in one giant late night swallow/slightly higher than normal alcohol intake session. One fact Ir emember was the historical record of how many days off serfs had and about how mucht hey actually worked. Turns out serfs in europe had a relatively sweetd eal to our crappy schedules, many more feast and holidays, lots of lying about. Tom is a big advocate of lots of free time. Please, truly, pick up a copy. It was my favorite book of 2009. it must be read by anyone seriously contemplating dropping out of the system. I guess as for myself when it came down to it, I just believe that no one on their deathbed ever regretted spending too much time in the office, and I made my decision accordingly. But seriously, I’m just not cool enough to unplug from therat race.
i can’t remember what tom had to say on health insurance, but he was as a strong advocate of plenty of drinking and loafing about. and hanging out with kids. and general neighbohood tomfoolery and merriment.
December 20, 2010 at 5:07 PM #643524scaredyclassicParticipantThe case for ditching your mortgage, your credit cards and steady employment is laid out so hilariously, articulately, thought-provokingly and with lots of fascinating historical factoids by tom hodgkinson in THE FREEDOM MANIFESTO that i hesitate to even attempt to reproduce any of it here. I read the bulk of the book in one giant late night swallow/slightly higher than normal alcohol intake session. One fact Ir emember was the historical record of how many days off serfs had and about how mucht hey actually worked. Turns out serfs in europe had a relatively sweetd eal to our crappy schedules, many more feast and holidays, lots of lying about. Tom is a big advocate of lots of free time. Please, truly, pick up a copy. It was my favorite book of 2009. it must be read by anyone seriously contemplating dropping out of the system. I guess as for myself when it came down to it, I just believe that no one on their deathbed ever regretted spending too much time in the office, and I made my decision accordingly. But seriously, I’m just not cool enough to unplug from therat race.
i can’t remember what tom had to say on health insurance, but he was as a strong advocate of plenty of drinking and loafing about. and hanging out with kids. and general neighbohood tomfoolery and merriment.
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