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05-01-2012, 12:17 PM
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#1
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Galactus
Join Date: Sep 2004
Location: the void
Posts: 31,161
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Planning for Retirement / Investing
Just curious...
How often do you guys actively think about retirement? Do you have plans in place? Do you have goals in mind?
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05-01-2012, 12:39 PM
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#2
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Statue Forum MacDaddy
Join Date: Aug 2004
Location: Originally Krypton, now Iowa
Posts: 2,042
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You mean all those foil and variant covers I bought in the 90's won't be enough to retire on when I'm ready too in 25 years
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05-01-2012, 12:40 PM
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#3
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Kindly Asked To Leave
Join Date: Jul 2007
Location: West Coast
Posts: 24,710
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I have a Retirement IRA; besides that, my ex-wife's attorney got his claws into everything else, which is amusing since she never has to work a day of her life (nor has she, outside of her family's enterprises), and I do (and want to).
I'm not buying another house any time soon, so at least that's less stress (sort of).
Does this qualify as my usual "answering your question without answering your question", Rob?
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05-01-2012, 12:44 PM
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#4
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curmudgeon Mod
Super Moderator
Join Date: Aug 2004
Location: The Shire
Posts: 35,073
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Me and Mrs Hobbit both have 401K's and I've been shifting many of my investments from high growth to income producing stocks. When the market was down, I chose to pump a lot of cash into our 401K's and it's paying off now. Give me about 5 years and the income produced will cover my take home pay I get now.
I think about retirement daily and follow all my stocks very closely. I check all news articles and my Schwab account gets me investment advice from Schwab, S&P, Reuters, and a few others.
__________________
Snakes! Why'd it have to be snakes?
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05-01-2012, 01:12 PM
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#5
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Statueforum Consiglieri
Join Date: Apr 2005
Location: Cambridge, MA
Posts: 2,268
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Quote:
Originally Posted by nbr3bagshotrow
Me and Mrs Hobbit both have 401K's and I've been shifting many of my investments from high growth to income producing stocks. When the market was down, I chose to pump a lot of cash into our 401K's and it's paying off now. Give me about 5 years and the income produced will cover my take home pay I get now.
I think about retirement daily and follow all my stocks very closely. I check all news articles and my Schwab account gets me investment advice from Schwab, S&P, Reuters, and a few others.
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Hobbit how far away are you from retiring?
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05-01-2012, 01:28 PM
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#6
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Galactus
Join Date: Sep 2004
Location: the void
Posts: 31,161
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Quote:
Originally Posted by Cage
Hobbit how far away are you from retiring?
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it's got to be any day now...right?
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05-01-2012, 01:41 PM
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#7
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Mod Assassin
Super Moderator
Join Date: Oct 2004
Location: Makena's Kennel.
Posts: 33,959
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Wasn't the hobbit already retired before most of us were born.
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05-01-2012, 01:43 PM
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#8
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curmudgeon Mod
Super Moderator
Join Date: Aug 2004
Location: The Shire
Posts: 35,073
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Quote:
Originally Posted by rychehitman
it's got to be any day now...right?
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Let's just say I've got an investment that when it hits, I'll be buying the master replicas Millenium Falcon & x-wing, the new ST Enterprise, and a few other grails.
__________________
Snakes! Why'd it have to be snakes?
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05-01-2012, 01:43 PM
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#9
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curmudgeon Mod
Super Moderator
Join Date: Aug 2004
Location: The Shire
Posts: 35,073
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Quote:
Originally Posted by Bullseye
Wasn't the hobbit already retired before most of us were born.
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__________________
Snakes! Why'd it have to be snakes?
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05-01-2012, 01:46 PM
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#10
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Man Without Fear
Join Date: Aug 2004
Posts: 8,113
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Statues are my investment plan.
I hope they will beat the stock market
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