Money you will need to retire

[Jon]

This is part of a topic in our NZ Herald yesterday
Gives you a fright how much money you need

"Most people don't have a good handle on what their living expenses are, and even fewer people have any idea how much money is required to fund that lifestyle," says Matthews.

As a rule of thumb - the average weekly household expenditure of $1010 a week adds up to $52,520, and would take a lump sum of about $860,000 to generate that income for 20 years, says Matthews.

That excludes New Zealand Superannuation. Even if NZ Super is in place when Gen Xs and Ys retire, they'll need a lump sum of about $430,000 to maintain an average lifestyle. The big "but" is whether there will be NZ Super when the younger generation retires (or even the youngest baby boomers). "For most people, those are going to be scary numbers," he says.

 

[highup]

There's an unlimited stash in the bank waiting for me when I retire.
...........of course I'll have to hit banks in another town 'cause everyone recognizes me here.

 

[Jon]

Room & board courtesy of the state - nice plan.

And probably looked after better than a lot of law abiding citizens

 

[highup]

Room & board courtesy of the state - nice plan.

The state lodging is getting expensive.............. so they are forced to toss me out on the street to do it again and again and again. It cold and I'm a heathin, so why don't they want me in there?
...........and I have aliases. I'm a bad, bad person.
............and I need a place to stay.
They have high speed there, right?

 

[highup]

I totally admire that guy................ food is free, right?

 

[highup]

I believe you have to work for it but no worries he'll give you a job on the chain gang. The Disney and weather channel 24/7, no caffeine or nicotine, pink underwear and bologna three times a day.

If socialism is good enough for Ernesto, I guess I have to step up to the plate and submit too.

Maven................. how come you hide when here?

 

[highup]

I understand. I used to do the same on a car site I've belonged to since time began. Like my aversion to cameras in stores, I just got used to it.
I just drop my end of of a 'conversation' like a hot tatter and walk away. I'm a rude inconsiderate Ba&%Ard and everyone expects that sort of behavior from me.

 

[Incognito]

The state lodging is getting expensive.............. so they are forced to toss me out on the street to do it again and again and again. It cold and I'm a heathin, so why don't they want me in there?
...........and I have aliases. I'm a bad, bad person.
............and I need a place to stay.
They have high speed there, right?

Choose your criminal jurisdiction carefully


You DONT want to spend any time in Los Angeles County Jail.

And that's just for lightweights awaiting sentencing or trial or if their punishment on a felony conviction is UNDER one year sentence. If your crime in this state winds you up in the penitentiary the last thing on your mind will be high speed internet.

Yeah they let convicts loose on CS charges when the overcrowding gets offensive to some federal judge. But do you REALLY think JP Morgan Chase, Bank of America, Wells Fargo are going to whistle Dixie whilst an armed bank robber walks from prison after scoring any amount of substance from their local branch office. It's one thing when the financial industry clown rapes the pension funds, insurance companies, mutual funds and government to the tune of TRILLIONS of dollars. But YOU with a gun walk away with $5-25K out of one of their banks and you're going to be one sorry SOB for a very, very long time.

You don't tug on Superman's cape. You don't piss into the wind. You don't pull the mask off the old Lone Ranger and you don't screw with your financial Overlords in this day and age.

Try the local liquor store. Yeah, that's the ticket.

 

[highup]

You DONT want to spend any time in Los Angeles County Jail

True, but ................................I also wouldn't want to spend any time in Los Angeles period.
Disneyland was good, Universal tour was good, Knottsberry Farm was good, Wax museum good. Ice skating was bad and so was miniature golf. Been there, done that. (1972 era)
Oregon is pretty neat in comparison. Nothing personal. Oregon is all I know.

 

[Floorist]

Yep, I been a lot of places and home is always best.

 

[highup]

Not a personal thing............ I just don't like big cities. I grew up here. Coos Bay, population 16,000. same now as 25 years ago.
To me, even 50,000 is a big city. I think we have 4.5 million in the entire state.

 

[Ernesto]

Speaking of criminals, you should listen to David Stockman or read his book, "The Corruption of Capitalism in America,”

http://thedianerehmshow.org/shows/2013-04-03/david-stockman-great-deformation

 

[Incognito]

Yep, I been a lot of places and home is always best.

Jail always sucks.

Some are worse than others.

 

[Ernesto]

I'm moving to Jalisco Mexico to retire on my SS check. No electricity, can only access by boat. Have to hike back into the jungle to find me. Got water though.

 

[highup]

Im gonna retire at hippy on a rock location in the national forest. No electricity there either............ but if I want to survive, I'll have to do so by gettin food any way I can even it I have to go clubbin baby deer and squirrels to survive. I also need to know how to gather pine nuts and what kinds of bark and shrooms are OK to eat.
................to retire, I guess I gotta sharpen my survival skills.

 

[Nick]

Anyone ever see Alone in the Wilderness ?
Guy was amazing .

 

[highup]

I'll bring solar panels to fire up my cd drive. I wouldn't want to go "Into The Wild" without Alone in the Wilderness.
Fascinating to watch if anyone hasn't seen it........... "Alone in the Wilderness" that is.