Random Jabber Jibber thread

GreatwhiteNorth

Global Moderator
Staff member
I got started late in life with saving - Dumb Kid I know.
Around 20 years ago I began stashing "extra" cash, then joined my 401 & now also put 25% of my paycheck into it in addition to "Paying up" the mortgage on our house big time.
I have a (probably unfounded) fear of being destitute.

I cannot fathom living from pay check to pay check knowing I didn't have anything in reserve AND having 0 health care coverage like some people I know my age.
 

cannabineer

Ursus marijanus
I got started late in life with saving - Dumb Kid I know.
Around 20 years ago I began stashing "extra" cash, then joined my 401 & now also put 25% of my paycheck into it in addition to "Paying up" the mortgage on our house big time.
I have a (probably unfounded) fear of being destitute in my old age.

I cannot fathom living from pay check to pay check at this age knowing I didn't have anything in reserve AND having 0 health care coverage like some people I know my age.
Nice save! :joint::bigjoint:
 

BarnBuster

Virtually Unknown Member
I got started late in life with saving - Dumb Kid I know.
Around 20 years ago I began stashing "extra" cash, then joined my 401 & now also put 25% of my paycheck into it in addition to "Paying up" the mortgage on our house big time.
I have a (probably unfounded) fear of being destitute in my old age.

I cannot fathom living from pay check to pay check at this age knowing I didn't have anything in reserve AND having 0 health care coverage like some people I know my age.
When I was a young pup, I had a couple of mentor's harping on me all the time to "save; invest; compound interest is your friend". WTF did they know anyway? I too didn't start saving hard until my mid 30's. It did allow me to retire at 58 though. I wish I would have started in my 20's and I could have retired at 48.
 
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Chunky Stool

Well-Known Member
Here too. My 401 dropped 10K+
:cuss:
I don't even look at my 401 accounts anymore; too painful.

Then again, yesterday I heard bond yields are way up so I might transfer some money into safer funds.
I'm due for an adjustment anyway.

EZ formula:
Subtract your current age from the age you want to retire, then multiply by 2.
That's the percentage you should have in growth funds.
 

Roger A. Shrubber

Well-Known Member
Ummmm music, guitars, video games, food.
guess it depends on how much you like him....what kind of shape is his guitar case in? what kind of shape are his game controllers in?
does he seem to play a particular game a lot? look online and see if there's a new title coming soon....does he game online? buy him access cards for online time....hard to make "personalized" suggestions when you don't know the person
 
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