Economy stonks v14, brokergate

[Wadtucket]

Wad you live in NYC right iirc? I think you're perspective is skewed a bit.

I make about 3x that as my salary, but for people in lower cost areas (think midwest suburbs) if you are debt free there's no reason you couldn't live comfortably on $80k per year if you're somewhat frugal. No mortgage or car payments by the time you're retirement age if you've done it right, so expenses shouldn't be that high. Once you get to 65 or whatever you add in SS to your $80k.

Now, if you're used to a different lifestyle while working and you have to dial it back a ton, that's a different story obviously.

I guess I just don't see the point in retiring early if you have to live frugally

Stay in it until you can be comfortable

 

[rob mafia]

I guess I just don't see the point in retiring early if you have to live frugally

Stay in it until you can be comfortable

shit, i don't see the point of working if you don't have to, excluding fun jobs or people who work for themselves/etc.

 

[mkess101]

I guess I just don't see the point in retiring early if you have to live frugally

Stay in it until you can be comfortable

Yeah, I guess it depends on the person and how they feel about their job too. If you like what you do at all, for sure I'm with you. But people who really hate their jobs...

My concern is that I'll have plenty of money to be comfortable but that I'll get bored. My wife is already saying she thinks I'll need to do something, even part time. I could see pouring drinks at a golf course maybe for a few years. They could just give me a membership as my payment and I'd be happy haha.

 

[Wadtucket]

shit, i don't see the point of working if you don't have to, excluding fun jobs or people who work for themselves/etc.

You don't have to work, you can collect welfare and smoke crack if you want to

 

[Hadron90]

I guess I just don't see the point in retiring early if you have to live frugally

Stay in it until you can be comfortable

My dream is to just be able to move to a small town, buy a humble house with just enough land to be able to shoot on, and just spend time working in my community and raising my family.

 

[rob mafia]

You don't have to work, you can collect welfare and smoke crack if you want to

i mean, i don't really consider trading "work."

 

[brackis1]

THERE GOES FTOC!!!!!

 

[rob mafia]

THERE GOES FTOC!!!!!

lolz @ this popping like 3 times in a week

 

[brackis1]

lolz @ this popping like 3 times in a week

I wish my short hedge didnt eat such margin requirements or id be even more balls deep.

 

[Grassshoppa]

Wad you live in NYC right iirc? I think you're perspective is skewed a bit.

I make about 3x that as my salary, but for people in lower cost areas (think midwest suburbs) if you are debt free there's no reason you couldn't live comfortably on $80k per year if you're somewhat frugal. No mortgage or car payments by the time you're retirement age if you've done it right, so expenses shouldn't be that high. Once you get to 65 or whatever you add in SS to your $80k.

Now, if you're used to a different lifestyle while working and you have to dial it back a ton, that's a different story obviously.

You make $240k as your salary? What the fuck do you do?

 

[Hadron90]

I wish Fidelity would buy the RH app. Fidelity takes too many fucking clicks to do anything, and the interface is a big unreadable spreadsheet.

 

[Wadtucket]

My dream is to just be able to move to a small town, buy a humble house with just enough land to be able to shoot on, and just spend time working in my community and raising my family.

Sounds pretty gay ngl

Spoiler

jk thats based

 

[mkess101]

You make $240k as your salary? What the fuck do you do?

Sales, and "salary" isn't totally accurate I suppose because bonus and commission makes up a lot of it. It's been between $210k and $275k for the past few years so it's not the same every year. Last year was actually more like $215k, a lot of my customers were affected by the pandemic.

My wife makes more than I do (she's a VP at a financial institution), we're pretty fortunate to have landed where we did. We're capable and hard working obviously but lucky too.

 

[G-19]

You don't have to work, you can collect welfare and smoke crack if you want to

That’s literally an entire episode of Always Sunny in Philadelphia.

 

[rob mafia]

That’s literally an entire episode of Always Sunny in Philadelphia.

it's literally philadephia.

 

[Officer Rick]

You make $240k as your salary? What the fuck do you do?

i made 150k a yr as a cop ... i can only imagine what accountants and people on wall st make

 

[Deleted member 513083]

Thinking about investing in 3M,At&T,Home Depot,IBM and Allianz for dividents thoughts?

 

[PaleMoonlight]

Holding don't you worry about. Bought the dip. Going to Mars baby.

Enjoying the ride

Still holding. Let's see what happens tomorrow.

 

[brackis1]

Jesus christ can we go a day without some Musk stunt? Please?

 

[brackis1]

You don't have to work, you can collect welfare and smoke crack if you want to

Not if EVERYONE DOES IT HUSH i'm tryna vibe over here.