Was voted on today. Raised from age 72 to 75

(06-17-2015 02:00 PM)Bathtub Gin Wrote:  Was voted on today. Raised from age 72 to 75

I bet he knows somebody to get that extension. Probably isn't quite where he wants to be with his retirement account.

(06-17-2015 03:17 PM)SayWhat? Wrote:  

(06-17-2015 02:00 PM)Bathtub Gin Wrote:  Was voted on today. Raised from age 72 to 75

I bet he knows somebody to get that extension. Probably isn't quite where he wants to be with his retirement account.

Probably not.
Kroger just went up a little on their prices.
He'd need to offset that a touch.

I just can not relate to a person who has all that money and wants to put on a suit and go to work every day....

I guess that is why he has all that money....and I don't.

(06-22-2015 12:28 PM)mapdude Wrote:  I just can not relate to a person who has all that money and wants to put on a suit and go to work every day....

I guess that is why he has all that money....and I don't.

You never know until you get there. I am nowhere near Fred Smith's economic status, but I own my own business and I'm 70. I had planned to retire this summer, but my customers complained about losing my expertise, and I don't have enough hobbies to fill up my time. So, like Fred, I will keep working a while longer.

I will take more days off and do trips whenever I want now, but I still enjoy my job, so why quit? I looked at a few soap operas and other daytime TV, and I am just not ready to sit on the couch and vegetate yet.

Fred Smith should and will be given whatever he requests. Memphis would fade into obscurity without his genius.

(06-22-2015 01:34 PM)covingtontiger Wrote:  

(06-22-2015 12:28 PM)mapdude Wrote:  I just can not relate to a person who has all that money and wants to put on a suit and go to work every day....

I guess that is why he has all that money....and I don't.

You never know until you get there. I am nowhere near Fred Smith's economic status, but I own my own business and I'm 70. I had planned to retire this summer, but my customers complained about losing my expertise, and I don't have enough hobbies to fill up my time. So, like Fred, I will keep working a while longer.

I will take more days off and do trips whenever I want now, but I still enjoy my job, so why quit? I looked at a few soap operas and other daytime TV, and I am just not ready to sit on the couch and vegetate yet.

That's the key.If you truly enjoy what you do, there's not much reason to quit being paid to do something you enjoy.

(06-22-2015 12:28 PM)mapdude Wrote:  I just can not relate to a person who has all that money and wants to put on a suit and go to work every day....

I guess that is why he has all that money....and I don't.

More and more people are working longer. And not just because they have to. I plan on working to at least 70 so I can double dip after 66 without penalty.

(06-23-2015 12:32 PM)Tiger46 Wrote:  

(06-22-2015 12:28 PM)mapdude Wrote:  I just can not relate to a person who has all that money and wants to put on a suit and go to work every day....

I guess that is why he has all that money....and I don't.

More and more people are working longer. And not just because they have to. I plan on working to at least 70 so I can double dip after 66 without penalty.

yup. I was doing some playing around yesterday with our 401k calculator (still a long way off, but luckily we started semi-early) and the difference between retiring at 65 vs 60 is mind boggling how much more the account will have. An extra $1 mill for waiting 5 years!

(06-23-2015 01:13 PM)MemTigerFan Wrote:  

(06-23-2015 12:32 PM)Tiger46 Wrote:  

(06-22-2015 12:28 PM)mapdude Wrote:  I just can not relate to a person who has all that money and wants to put on a suit and go to work every day....

I guess that is why he has all that money....and I don't.

More and more people are working longer. And not just because they have to. I plan on working to at least 70 so I can double dip after 66 without penalty.

yup. I was doing some playing around yesterday with our 401k calculator (still a long way off, but luckily we started semi-early) and the difference between retiring at 65 vs 60 is mind boggling how much more the account will have. An extra $1 mill for waiting 5 years!

I wish 401K had been around when I first started working, I was in my late 30s before that was available.

All of my kids will have close to a million in their 401K way before they hit 60, but their full retirement age will be 70.

(06-23-2015 11:19 AM)memphis88 Wrote:  

(06-22-2015 01:34 PM)covingtontiger Wrote:  

(06-22-2015 12:28 PM)mapdude Wrote:  I just can not relate to a person who has all that money and wants to put on a suit and go to work every day....

I guess that is why he has all that money....and I don't.

You never know until you get there. I am nowhere near Fred Smith's economic status, but I own my own business and I'm 70. I had planned to retire this summer, but my customers complained about losing my expertise, and I don't have enough hobbies to fill up my time. So, like Fred, I will keep working a while longer.

I will take more days off and do trips whenever I want now, but I still enjoy my job, so why quit? I looked at a few soap operas and other daytime TV, and I am just not ready to sit on the couch and vegetate yet.

That's the key.If you truly enjoy what you do, there's not much reason to quit being paid to do something you enjoy.

That's what she said.