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04-08-2020, 06:35 AM | #1 |
An Awesome Dude
Join Date: Oct 2015
Posts: 1,111
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http://www.slideshare.net/kzamandaru...to-prepare-for
1. Inflation 2. Running out of money 3. Stock market slumps 4. Health expenses 5. Long-term care costs 6. Drawing down assets too quickly 7. Retiring too young I can understand #7 but #2 depends on how important it is and I think its iimportant to everyone |
04-08-2020, 07:29 AM | #2 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
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Well, 3 just took care of 7!
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
04-08-2020, 12:47 PM | #3 |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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#7 is bullshit, go as young as you possibly can. When a pandemic or a speeding bus gets you who cares how much money you leave the vultures?
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
04-08-2020, 03:56 PM | #5 |
Junior Master Dwellar
Join Date: Dec 2009
Location: Buckinghamshire UK
Posts: 4,059
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8. Ending up as the richest man in the graveyard.
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04-09-2020, 01:47 AM | #6 |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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You can live on a lot less than you think unless you want to travel the world or hoard toilet paper.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
04-10-2020, 01:06 AM | #8 |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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With good solid health insurance you can live very cheap, without it you need courage to get out of bed. My prescriptions last year were over $13,000. That's list price and nobody gets that amount but without the insurance company to buffer that's what they would bill me. I paid a little over $300 for the year.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
04-10-2020, 08:27 AM | #9 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
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Yeah, number 4 is a mother-fudger.
__________________
If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
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