Posted on 01/16/2013 3:13:05 PM PST by Kaslin
And what, pray tell, is retirement age?
The age when you can receive 401k distributions without penalty.
Wait a minute, the government decides about the penalty. So you trust the government to decide when we should retire. What if they raise it? What if they decide NEVER is a good time for you to retire?
“Why else would you rather lose 40% of the account rather than make 5%?”
““Yes Mr Bob, if you invest with me, I can promise a -40% return. You are guaranteed to lose money with me””
Dinner time now...between my legs...have at it.
How about you treat people with a bit more RESPECT on this sit, particularly when you don’t know their details?
In my case, I can PROMISE you that I will, at least, be in the 25% bracket when I retire, simply because I have a REAL pension coming to me. So your 40% hit just dropped to 15%. From there, it winds up closer to 10%, due to my specifics.
You may be MORE THAN HAPPY to have your IRAs turn into “Annuities”, but I am not, and I will take steps, even costly ones, to NEVER let that happen. I will soon OWN my house here in Texas and NO ONE from the government will be able to do jack about it.
“Yep. I wish we were closer to having ours paid off and could do the same. I’m so jealous!”
Yea, but you’re so cool, you can do it. Just STOP spending money on ANYTHING that doesn’t pay for itself. For example, the McDonald’s Dollar Menu, at least for their McDouble, in my book, pays for itself (not just the cost of food, but the energy to cook it and the cost to clean up)...so good investment. But fries, and especially, drinks, NO WAY. And don’t even get near eating out (other than McDoubles) during work, or Starbucks.
It’s a lifestyle change, but only for a short time. Live like crap...look at what it really costs for food that good enough to live on...and go with that. Pasta and rice is still cheap. Mix it with some other (better) stuff and you’re set.
Keep at it!!! At 30K you’re in the HOME STRETCH. Push it through and the payment is GONE...maybe very soon (and make sure they send you the lien release).
“Dinner time now...between my legs...have at it.”
I’m a guy. You may be into having sex with men but I am straight. So, you need to move to the next guy.
Just responding in kind, no prob. if you’ve changed from yesterday.
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