Retirement.....

[cvramsfan]

I am on the countdown, 89 days. Just completed 37 years and just don't want to do it anymore lol. I will be staying in Calif due to my granddaughters are only a few miles away. Just working a lot to get my place all set up. Put in a new well and a 72 panel solar system about a year ago. Just finished putting in a 26x50 metal building, fencing my 2 1/2 acres and poured 139 yrds of cement. Spending it faster than I can make it lol. Now the last few months trying to work a lot of OT to save up to redo the backyard including a pool.

I tell everyone I am in the lard ass retirement plan. As in the movie Stand By Me and when lard ass is in the pie eating contest and he gets everyone barfing and is standing there with his arms crossed and enjoy what he has created. That is what I want to do once the backyard is done.

I post pictures in the "what I bought lately"

 

[LARams_1963]

I am on the countdown, 89 days. Just completed 37 years and just don't want to do it anymore lol. I will be staying in Calif due to my granddaughters are only a few miles away. Just working a lot to get my place all set up. Put in a new well and a 72 panel solar system about a year ago. Just finished putting in a 26x50 metal building, fencing my 2 1/2 acres and poured 139 yrds of cement. Spending it faster than I can make it lol. Now the last few months trying to work a lot of OT to save up to redo the backyard including a pool.

I tell everyone I am in the lard ass retirement plan. As in the movie Stand By Me and when lard ass is in the pie eating contest and he gets everyone barfing and is standing there with his arms crossed and enjoy what he has created. That is what I want to do once the backyard is done.

I post pictures in the "what I bought lately"

Congrats Brotha!!!!! You're in the home stretch!! Where are you in Cali?

 

[cvramsfan]

Congrats Brotha!!!!! You're in the home stretch!! Where are you in Cali?

Central, Just North of Fresno

 

[AvengerRam]

As a long-time Florida resident, let me just say this...

We're full up. Find someplace else!

Just kidding.

Florida has its advantages, certainly. From November through April/May, there are few places with better weather.

For retirement (I'll be 54 next year, so still a few years away), I'm hoping to become migratory, leaving Florida for the brutal Summer months and going somewhere where there are mountains and cool evenings.

 

[LARams_1963]

As a long-time Florida resident, let me just say this...

We're full up. Find someplace else!

Just kidding.

Florida has its advantages, certainly. From November through April/May, there are few places with better weather.

For retirement (I'll be 54 next year, so still a few years away), I'm hoping to become migratory, leaving Florida for the brutal Summer months and going somewhere where there are mountains and cool evenings.

If you don't mind a lil snow then those cool mountains that will work. Me personally? I don't want to be anywhere where the weather dips beneath the 40's on a regular basis.

As one of the few native Californians here I have understood the "Full up" thing since the 80's.

 

[oldnotdead]

Central, Just North of Fresno

Back in the days of the dinosaurs when I was a kid, I used to spend summers with my uncle who owned a raisin vinyard in Reedley. We'd work in the morning then my uncle would drive my brother and me and his two sons to Pine Flats. We would intertube it back down to town. The Kings river ran right thru the south part of town and we get picked up at a park and have a picnic dinner of dogs and burgers. Other times we would get up early to fish and collect crayfish. We would have the crayfish that night and my uncle would smoke the fish for another day. To this day the only way I will eat trout is smoked and every time I eat smoked fish and potato salad I think of those days.

Some of the best days in my life were spent as a kid along the Kings River. It's what got me into backcountry packing. I've been blessed to have had a HuckfFin type of childhood.

Ever since the winter of 1975 east coast and midwesterners flooded Calif. This was during the years of gas shortages with long lines and heating oil shortages. Most felt they needed a climate where they didn't need heating oil so they moved to CA and the south. That's when things began to change. They brought with them their cultural attitudes and have changed the state forever. But in reality, all it did was speed things up because the entire world is different. It pains me that most kids are not allowed to be children. It's why I went to extremes to allow my son to have as much as I did as a child and teen.

But yeah, cvramsfan I will forever have fond memories of that part of CA. The Kings River and Big Sur River are the two most memorable areas I've spent time in. I also used to fish the Russian and Trinity Rivers and loved every day I did. I live in AZ now but CA will always be my home. Born and raised there, growing up in So Cal in the 60's was as good as it gets.

 

[Vapor]

I retried at the end of 2018 at 59, FA said same thing to me, you don't need to work anymore. My wife and I put together a plan a few years ago. Bought a house in Texas (next to my family), sold home in California and moved to lower taxed state. I was planning to get a part time job at Walmart or Lowe's or something. FA said you don't need to work if I don't want to, so why work if you don't have to.

Pretty simple choice to me, been loving life ever scene. I go days without putting on pants, just sweatpants for me.

I recommend to everyone who can to max out your 401K as soon as you can. I started mine with just 2% at first, at 38 years old. Upped it every year that I got a raise by 1% or 2%. Retried at 59, 21 years later. That's with a divorce and bankruptcy at 35.
You can do it too.
Even if you don't have a 401K plan, just start a retirement plan with your bank.

 

[RhodyRams]

Jealous of everyone in this thread

I started late in life saving for retirement, but have made up alot of ground the last few years. We are debt free right now, mortgage and vehicles paid off and 0 credit card debt. Self employed so no employee sponsored 401k but have several ROTH IRAs. The last few years business has been booming so put a lot of money away. I am at approximately 92% of my goal to retirement at 56 now and that doesn't include what my wife has in her various accounts

 

[VegasRam]

I’m 95% there towards my retirement at 75.
But now my goal is 80.

Damn pups.

 

[Ramhusker]

Y'all made me count the days. I'm at 106 calendar days left. Feb 19th is my last work day!!!!! Only 6 days after our SUPER BOWL CHAMPIONSHIP!!!! I smell a Super Bowl Party somewhere in Florida!!!! And I'm actually off that weekend!!!!

One thing I wished I would have done earlier preparing for retirement was load up on Dividend paying stocks. I have some but about a tenth of what I wished I had bought.

Not to get political here but if you are nearing retirement, root against the "Build Back Better" bill. It aims to tax your 401k and IRAs and collect a 3% tax on your home. Bad time for that!

 

[RamsFan4Life]

Not to get political here but if you are nearing retirement, root against the "Build Back Better" bill. It aims to tax your 401k and IRAs and collect a 3% tax on your home. Bad time for that!

not to mention the crippling effects of inflation on people with fixed incomes…..

 

[ramsplaya16]

Congrats! Florida will be way different from California, but Port Charlotte is nice! I’m in broward county. On the bright side, the Rams come to play the dolphins in 2 seasons!

 

[ramsplaya16]

Y'all made me count the days. I'm at 106 calendar days left. Feb 19th is my last work day!!!!! Only 6 days after our SUPER BOWL CHAMPIONSHIP!!!! I smell a Super Bowl Party somewhere in Florida!!!! And I'm actually off that weekend!!!!

One thing I wished I would have done earlier preparing for retirement was load up on Dividend paying stocks. I have some but about a tenth of what I wished I had bought.

Not to get political here but if you are nearing retirement, root against the "Build Back Better" bill. It aims to tax your 401k and IRAs and collect a 3% tax on your home. Bad time for that!

I know Coca Cola is a great dividend stock, any others you like?

 

[RamsFan4Life]

Y'all made me count the days. I'm at 106 calendar days left. Feb 19th is my last work day!!!!! Only 6 days after our SUPER BOWL CHAMPIONSHIP!!!! I smell a Super Bowl Party somewhere in Florida!!!! And I'm actually off that weekend!!!!

One thing I wished I would have done earlier preparing for retirement was load up on Dividend paying stocks. I have some but about a tenth of what I wished I had bought.

Not to get political here but if you are nearing retirement, root against the "Build Back Better" bill. It aims to tax your 401k and IRAs and collect a 3% tax on your home. Bad time for that!

I am eligible on the 27th to go with full pension but the state of the economy and the outlook in the near term has me questioning if I should.

I am fucking beat and would love to be able to spend more time with my disabled wife, but the thought of choosing heat over food has me worried AF…….

 

[Ramhusker]

I know Coca Cola is a great dividend stock, any others you like?

Check out Old Republic International (ORI) They have paid dividends for 79 years with 39 straight years of increased payouts. Amcor (AMCR) is an Australian company that has been around since 1860. They do most of their business in the US with the likes of Coca Cola and Johnson and Johnson.

 

[Ramhusker]

When I hit the clock tonight, it made me think of this thread. 99 more days!

And I cant remember if it has been mentioned but watch how you file your taxes the last couple of years before you start Medicare. Part B is running about $190 a month right now per person. But, if you file Married/ separate the last two years before you are 65, your premium could be two or three times as much for the rest of your life. You’d think they’d make a point of letting people know that in advance.

 

[LARams_1963]

When I hit the clock tonight, it made me think of this thread. 99 more days!

And I cant remember if it has been mentioned but watch how you file your taxes the last couple of years before you start Medicare. Part B is running about $190 a month right now per person. But, if you file Married/ separate the last two years before you are 65, your premium could be two or three times as much for the rest of your life. You’d think they’d make a point of letting people know that in advance.

Are you saying you should file married? Or single? Not sure I understand. The wife will be on medicare in 4 years. Thanks and congrats on the double digit countdown!!!!!

 

[Ramhusker]

Are you saying you should file married? Or single? Not sure I understand. The wife will be on medicare in 4 years. Thanks and congrats on the double digit countdown!!!!!

Do not file Married/Separate. File joint.

 

[Ramhusker]

So today, I’m unemployed!!!!!!! I think I’ll sit on the couch and watch the Daytona 500!

 

[CGI_Ram]

So today, I’m unemployed!!!!!!! I think I’ll sit on the couch and watch the Daytona 500!

Congratulations @Ramhusker!