Meh.
I'll sleep when I'm dead.

As a 42 year old who is already semi-retired and will be retired at 55, I am gonna get a kick outta these replies.

meh

Maybe I should stay in the military and retire in 14 years.

regular citizens never retired before the golden age of america and they will not retire after it

generational homes are coming back, kids. you can't afford to put grandpa in a nursing home.

Be strong and you will be renewed. Identify.

I'm gonna die somewhere with a name tag on.

lolololololololol

You guys have been convinced to give up your pensions in favor of 401(k) awesomeness. Really, 401k is great! You can profit!!! You can make gazillions!!! Your company will have more for your raises by eliminating wasteful pensions!!!

No, 401k isn't like gambling. No, really it isn't. See, we just take your money, put it into Wall Street and you profit!! Everyone profits!! Everyone wins!!

I must have been dropped as a child...I never plan on retiring. I enjoy my job too much. As long as I'm physically able, I'd rather work. Vacations are boring. Give me a few days off a year when I'd rather do something other than work, a couple holidays and that's all I need.

spookidooki: generational homes are coming back, kids. you can't afford to put grandpa in a nursing home.

Hmmm... Maybe those "Death panels" aren't such a bad idea after all....

Red_October: lolololololololol

You guys have been convinced to give up your pensions in favor of 401(k) awesomeness. Really, 401k is great! You can profit!!! You can make gazillions!!! Your company will have more for your raises by eliminating wasteful pensions!!!

No, 401k isn't like gambling. No, really it isn't. See, we just take your money, put it into Wall Street and you profit!! Everyone profits!! Everyone wins!!

Well, not everyone has the option of a pension these days.

I just recently got my SS statement in the mail and by the time I retire, I'll be getting about $400 a month less than I should.

It would be hard to do away with SS entirely, but they should atleast let us keep our own money rather than the current system of todays workers pay for yesterdays.

-not an economist
-or accountant

I will die with a TPS report in hand.

My retirement plan is to keel over in the middle of the day from job related stress.

/So far, it's working.

chookbillion: Red_October: lolololololololol

You guys have been convinced to give up your pensions in favor of 401(k) awesomeness. Really, 401k is great! You can profit!!! You can make gazillions!!! Your company will have more for your raises by eliminating wasteful pensions!!!

No, 401k isn't like gambling. No, really it isn't. See, we just take your money, put it into Wall Street and you profit!! Everyone profits!! Everyone wins!!

Well, not everyone has the option of a pension these days.

My point exactly. Guaranteed pensions are virtually non-existent these days. Corporate douchebags have successfully convinced America that gambling with YOUR money is better than you keeping it.

chookbillion: Red_October: lolololololololol

You guys have been convinced to give up your pensions in favor of 401(k) awesomeness. Really, 401k is great! You can profit!!! You can make gazillions!!! Your company will have more for your raises by eliminating wasteful pensions!!!

No, 401k isn't like gambling. No, really it isn't. See, we just take your money, put it into Wall Street and you profit!! Everyone profits!! Everyone wins!!

Well, not everyone has the option of a pension these days.

Kind of the point, no?

spookidooki: regular citizens never retired before the golden age of america and they will not retire after it

generational homes are coming back, kids. you can't afford to put grandpa in a nursing home.

I lived with my parents for twenty years, they're not coming back, man. I got a pillow picked out for them and everything.

/they put a clause about not being left on an ice floe to die like an Eskimo in the will so I can't do that.
//absolutely true.

Just got vested in my pension. Then left the company. It's only 5 years of a pension, but it IS 5 years of a pension that I have.

Red_October: lolololololololol

You guys have been convinced to give up your pensions in favor of 401(k) awesomeness. Really, 401k is great! You can profit!!! You can make gazillions!!! Your company will have more for your raises by eliminating wasteful pensions!!!

No, 401k isn't like gambling. No, really it isn't. See, we just take your money, put it into Wall Street and you profit!! Everyone profits!! Everyone wins!!

Well, it's either that or some entity gets tasked with providing a constant return to workers, with little certainty as to how long these workers will be drawing on it from. This can be a substantial portion of the employee's actual 'cost'.

All sorts of problems get introduced when companies underfund pensions, understate liabilities, etc. and then eventually need bankruptcy. The government ends up taking on the majority of the pensions.

/Doesn't think it's prudent for companies to take on that risk. Some people will wind up having a tough retirement either way.

KhamanV: spookidooki: regular citizens never retired before the golden age of america and they will not retire after it

generational homes are coming back, kids. you can't afford to put grandpa in a nursing home.

I lived with my parents for twenty years, they're not coming back, man. I got a pillow picked out for them and everything.

/they put a clause about not being left on an ice floe to die like an Eskimo in the will so I can't do that.
//absolutely true.

My parents actually put in a 'Don't let me get like my mother.' clause.

In fact, they advocated a viking 'burial'.

General question for everyone...

What percentage of gain/loss did everyone receive on their 401(k) plans over the past couple of year?

I've seen as much as 50% get obliterated from some people. Thank Baby Jesus that I pulled my money once I started getting reports of an imminent crash.... like years ago.

As long as the government has green ink and silk threaded paper we should be ok. What could go wrong?

TheWizard: KhamanV: spookidooki: regular citizens never retired before the golden age of america and they will not retire after it

generational homes are coming back, kids. you can't afford to put grandpa in a nursing home.

I lived with my parents for twenty years, they're not coming back, man. I got a pillow picked out for them and everything.

/they put a clause about not being left on an ice floe to die like an Eskimo in the will so I can't do that.
//absolutely true.

My parents actually put in a 'Don't let me get like my mother.' clause.

In fact, they advocated a viking 'burial'.


Err, well almost. My mom wants that. My dad wants to be dropped off somewhere in Alaska with a rifle, and some supplies.

oldsbone: My retirement plan is to keel over in the middle of the day from job related stress.

/So far, it's working.

Seems to be mine, too. I develop a new symptom every month I work there.

p51d007: I must have been dropped as a child...I never plan on retiring. I enjoy my job too much. As long as I'm physically able, I'd rather work. Vacations are boring. Give me a few days off a year when I'd rather do something other than work, a couple holidays and that's all I need.


What he said. If you hate your job so much, why did you get into the field you're in? There's a line in Kill Bill that I believe. "The biggest cause of death is retirement". Especially if you're a Replicant but that's a different movie.