E90Post
 


GetBMWParts
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board > At what point does money become irrelevant?



Reply
 
Thread Tools Search this Thread
      05-29-2015, 10:28 AM   #67
gtron
powerhouse
gtron's Avatar
United_States
632
Rep
1,629
Posts

Drives: 2014 Porsche 981 CS
Join Date: Feb 2011
Location: Orange County, CA

iTrader: (1)

Garage List
Quote:
Originally Posted by M_Six View Post
*If* the market doesn't crash heavily again, Wifey and I should be ok for retirement. We've been maxing out our 403b accounts for years and those will be supplemental to whatever pensions we still have when we retire. Still keeps me awake at night sometimes.
i started my life over in 2008. is that what you're talking about when you mention the market crashing?

if so, f*** that was a bad time.
__________________
no signature. except for this one.
Appreciate 0
      05-29-2015, 11:01 AM   #68
M_Six
Free Thinker
M_Six's Avatar
United_States
2866
Rep
6,686
Posts

Drives: 2012 MB C300 4matic
Join Date: Jan 2009
Location: Foothills of Mt Level

iTrader: (0)

Garage List
Quote:
Originally Posted by gtron View Post
i started my life over in 2008. is that what you're talking about when you mention the market crashing?

if so, f*** that was a bad time.
Exactly. If our pensions don't get stolen by the Wall Street shark we have for a governor and we actually end up drawing our pensions at their projected worth, we'll do ok. Not much as far as lots of travel and so on, but we won't starve. If we get to keep our pensions and the market doesn't crash badly, we'll actually be pretty comfortable and money shouldn't be a huge concern.

The nightmare scenario is that somehow our "guaranteed" pensions shrink significantly or disappear altogether *and* the market crashes.
__________________
Mark
markj.pics

"There is no shame in dropping fruit in your glass."
-UncleWede
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 11:50 AM.




e90post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2019, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST