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JACKED UP
PRESIDENT
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Joined: 06 Jun 2003
Posts: 21238
Location: www.johnnydu.com
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 Posted: 12/16/05 - 13:54 Post subject:
I'm working till I'm 102.  If something happens n I can't I hope one of the boyz makes enough money to put me in a nice nursing home. 
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thooogy
Member
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Joined: 16 Jul 2005
Posts: 542
Location: 40.91N - 73.27W
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Posted: 12/17/05 - 09:11 Post subject:
I'm still waiting for one of my clients to cut me in on a big real estate deal...
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Cappy
Excelent
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Joined: 16 May 2002
Posts: 27368
Location: Spreadsheetylvania
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Posted: 12/17/05 - 09:12 Post subject:
| prohemp wrote: | | Same as y'all - with my first pay check for my first job outta college. |
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cherylpf
crazy cat lady
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Joined: 14 May 2002
Posts: 17305
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Posted: 12/17/05 - 10:11 Post subject:
PH, I started thinking about it in college (as that was my major) and doing something about it once I was actually employed for more than minimum wage.
| runswithscissors wrote: | | 25%? That's amazing! |
Amazing: my old company contributed (as in, I did nothing, they just put in additional money, not withdrawn from my paycheck, their money) 25% of my annual salary to the pension and profit sharing. I left before I was vested but I took 80%.
all together now: why tf did you leave cheryl?
With each 25% they gave, they took about 30% of my sanity. I think I left with whats left of my sanity and a nice nest egg to continue growing. Despite making very few dollars at that job, 25% of very few is still something. I'm sure I'll never see that situation again.
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purple hayes
Frightened Inmate #2
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Joined: 14 May 2002
Posts: 14462
Location: ON YOUR LEFT!
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Posted: 12/17/05 - 10:14 Post subject:
| cherylpf wrote: | | PH, I started thinking about it in college (as that was my major) |
You majored in retirement? SWEET!
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RangerG
Bounty Hunter
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Joined: 13 Mar 2003
Posts: 7301
Location: Gmail Server Number 126
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Posted: 12/17/05 - 10:44 Post subject:
I had a nice 401k that was matched dollar for dollar by my employer, up to 8%...
I had a choice...keep the 401k or the house...the ex got one or the other...
I still have the house....and I am starting the 401k over.
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gretriever
Hipster Doofus
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Joined: 16 Jul 2003
Posts: 19385
Location: A moving target in a firing range.
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Posted: 12/17/05 - 10:46 Post subject:
| JACKED UP wrote: | | I'm working till I'm 102. If something happens n I can't I hope one of the boyz makes enough money to put me in a nice nursing home. |
So not one of the ones that appear on 60 Minutes?
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Ms. Jenn
Fresh, Hot & Wild
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Joined: 14 Feb 2004
Posts: 7935
Location: Suite 550
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Posted: 12/17/05 - 11:49 Post subject:
401(k)s here.
DH seriously started about 3-4 years ago at 10% a year (plus whatever match). Until that point, we'd been dirt poor since we before we got married.
If I get hired at my new job, I'll start again at 10% year.
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spongebob
Former FFL Champion
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Joined: 15 May 2002
Posts: 3602
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Posted: 12/17/05 - 12:14 Post subject:
401k when I was right out of college. The company match has varied over the years. But I've been doing the max allowed contribution thing since I was 21.
When I turn 65, I'm going to pull it all out and invest half in plastics and convert the rest into durable goods such as raw sugar and dairy products.
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Noley
AZhat
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Joined: 16 Aug 2003
Posts: 10494
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Posted: 12/17/05 - 12:32 Post subject:
This is where I really need a financial advisor. I don't know what I've set up in my past and what I have not. Stupid, stupid, stupid.
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msparks
Member
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Joined: 13 Nov 2003
Posts: 3182
Location: Jammin' at the Frim Fram, Frippin' in the Krotz
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Posted: 12/17/05 - 12:51 Post subject:
Plan? What the...?!?
Retirement? Is that when you quit your day and/or night job after working a specific number of years and having reached a certain age? Then money is deposited into your bank account every month until you die?
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mageline
Member
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Joined: 26 May 2004
Posts: 376
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Posted: 12/17/05 - 13:15 Post subject:
We'll be alright. Hubster opened an IRA for me when I quit my job to stay home with the kiddies. We then rolled over my 401k to it (I started 3 yrs before), which my former employer matched at 15% or so, I can't remember now. With his military pension and the combined IRA's, we'll manage.
Can you magine if our SocSec contributions had been invested the same way we've invested our retirement accts from day 1 (we both held jobs at age 17)? It's hard to believe we've put so much $$ into it, and yet we can only count on it to feed our 2 dogs when we start drawing from it.
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runaroundsue
Member
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Joined: 18 Sep 2002
Posts: 6629
Location: supporting GREENer pastures
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Posted: 12/17/05 - 13:47 Post subject:
My IRA is less than when I quit working 10 years again. DH laughs when he goes over financials....."My accounts look good, the boys are doing great, Sue you're losing more money". It'll be zero soon. I'm not accusing hubby, but.........
eh, I've got 15 years invested in the husband....I'm good
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cherylpf
crazy cat lady
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Joined: 14 May 2002
Posts: 17305
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Posted: 12/17/05 - 14:42 Post subject:
| purple hayes wrote: | | cherylpf wrote: | | PH, I started thinking about it in college (as that was my major) |
You majored in retirement? SWEET! |
Well, with my first degree I actually majored in other people's retirement, or at least how they are paying for it. This second degree is how those people are going to get their adult diapers changed when they are spending their retirement savings.
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runaroundsue
Member
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Joined: 18 Sep 2002
Posts: 6629
Location: supporting GREENer pastures
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Posted: 12/17/05 - 16:35 Post subject:
sounds like some kind of scheme. While she's changing diapers...."we should go over your portfolio and your will....yes, yes, just sign write bequeath to Pfffffff.......oh it just means I will be the only person changing your diapers from now on"
knew dat dere girl was a smart one.
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