Revolvers, Retirement, Freedom...

Already have a retirement from the military. Haven't touched it yet. I have four more years to go next month before retirement. Wife already said I could retire at anytime of my choosing. Financial affairs are good. Advisor said we had enough that if we choose we didn't have to save anymore. I have 130 acres of land. My own range for which to shoot. Lots of wildlife. Children are grown up and have professional careers so they don't need our assistance anymore. I am in no hurry.
 
Can't retire, too young and there won't be retirement for my generation.Social security is going bankrupt and we have to pay out people who "paid in" to a flawed system that doesnt even have the money they "paid in" anymore to pay them, so steal from the next generation...so we foot the bill...only for the same people to allow the government to overspend and send us to die in Ukraine.
 
Anchorite said:
53 here, and a practicing lawyer. The law is a jealous mistress. I’d love to retire, but 2 of my 3 boys are still in college, and therefore still on dads payroll. Wife and I travel a little now, because tomorrow is never guaranteed. Looking forward to the day I can fully retire. I envy each of you.
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You can't find a loophole that'll pay for their college?
 
.308 Norma said:
:rofl::rofl::rofl:

I figure the important date in that April 1st, 1916 statement was "April 1st." ;)
Besides, he said his "day of retirement" was April 1st, 1916. That would make doubleh somewhere around 170 years old unless he "retired early" - like on the day he was born! 😀
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I didn't figure for you to be kid but I had no idea.
 
Steven_Seagull said:
Can't retire, too young and there won't be retirement for my generation.Social security is going bankrupt and we have to pay out people who "paid in" to a flawed system that doesnt even have the money they "paid in" anymore to pay them, so steal from the next generation...so we foot the bill...only for the same people to allow the government to overspend and send us to die in Ukraine.
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I don't believe that a well funded retirement is a right in the ol' USA.

I'm 58 and I made the mistake of working for small commercial companies my entire life. Retirement just isn't in the cards. I gotta work until I'm crippled or dead. Same as most folks I know.

Until that dirt nap comes, I'm going to shoot my revolvers whenever I can. Which is hard to do pulling 60+ hours a week while always out of town. But I have to say, having a job is much better than not having a job. Helps pay for the ammo . . .
 
chicharrones said:
I don't believe that a well funded retirement is a right in the ol' USA.

I'm 58 and I made the mistake of working for small commercial companies my entire life. Retirement just isn't in the cards. I gotta work until I'm crippled or dead. Same as most folks I know.

Until that dirt nap comes, I'm going to shoot my revolvers whenever I can. Which is hard to do pulling 60+ hours a week while always out of town. But I have to say, having a job is much better than not having a job. Helps pay for the ammo . . .
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I was self employed with virtually no savings or investments (other than home and car) until age 58. At 58, I started over, began a new job with health insurance and retirement benefits, and worked past my 69 birthday. Now I can contribute over 50% to our total retirement income. We are not wealthy, but we don't have to count our pocket change either. It can be done.
 
chicharrones said:
I don't believe that a well funded retirement is a right in the ol' USA.

I'm 58 and I made the mistake of working for small commercial companies my entire life. Retirement just isn't in the cards. I gotta work until I'm crippled or dead. Same as most folks I know.

Until that dirt nap comes, I'm going to shoot my revolvers whenever I can. Which is hard to do pulling 60+ hours a week while always out of town. But I have to say, having a job is much better than not having a job. Helps pay for the ammo . . .
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It's not a right, it's just not right when companies short change their workers and screw them out of pensions that the workers paid into. It happens, and more frequently than many can imagine. Hedge funds are investing more and more retirement funds into "esg corporations" and they are going broke.

Social Security is another example of a "right" where you enter into a legal contract that states you will be entitled to benefits at a later period based on how much you contribute in the periods prior to collection. If there are more checks going out than tax dollars going in, that's something that cannot be counted on by people below 30. By the time they reach the age of eligibility for benefits (which grows every few years, just like food stamps), there won't be any more for benefits to be paid.

I'm glad your enjoying the fruits of your labor and yes anyone can be successful. I'm just saying the "get a job, the company will be honor your pension" isn't always sound advice.
 
Steven_Seagull said:
It's not a right, it's just not right when companies short change their workers and screw them out of pensions that the workers paid into. It happens, and more frequently than many can imagine. Hedge funds are investing more and more retirement funds into "esg corporations" and they are going broke.

Social Security is another example of a "right" where you enter into a legal contract that states you will be entitled to benefits at a later period based on how much you contribute in the periods prior to collection. If there are more checks going out than tax dollars going in, that's something that cannot be counted on by people below 30. By the time they reach the age of eligibility for benefits (which grows every few years, just like food stamps), there won't be any more for benefits to be paid.

I'm glad your enjoying the fruits of your labor and yes anyone can be successful. I'm just saying the "get a job, the company will be honor your pension" isn't always sound advice.
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One can and should consider the history of the employer. Any potential new employee can minimize the risk of adverse consequences with a little research. Even with those employers who are willing to hire an older person.

The alternative is to age out of the workforce with no benefits.

Just like going to the carnival; you pays your money and you takes your chances.
 
J-Bar said:
One can and should consider the history of the employer. Any potential new employee can minimize the risk of adverse consequences with a little research. Even with those employers who are willing to hire an older person.

The alternative is to age out of the workforce with no benefits.

Just like going to the carnival; you pays your money and you takes your chances.
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Or you can take all the guessing out of it and be a government worker with their big pensions , their the new millionaires, seems like they never miss a check during economic downturns. Where I live $ 10,000 plus a month is quit common . Being a small business owner is now a dead end street more often than not . The roller coaster and lawsuits are devastating small business . My wife and myself just pulled the plug , we decided it's now our turn after nearly 50 years . And now my revolvers just sit in the safe because of inflated ammo prices . I will most likely end up off shore for a while , I sincerely wish all of you peace , and good Fortune . I love America ,and good Americans , I'm just not impressed with the management. Take care ....to all....
 
J-Bar said:
I was self employed with virtually no savings or investments (other than home and car) until age 58. At 58, I started over, began a new job with health insurance and retirement benefits, and worked past my 69 birthday. Now I can contribute over 50% to our total retirement income. We are not wealthy, but we don't have to count our pocket change either. It can be done.
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We aren’t giving up, that’s for sure.

My wife (52) got a .gov job 3 months ago. First time ever that one of us got work outside of the commercial sector. The biggest benefit of that .gov job is that we now have health insurance for the first time since 2016. It’s a welcome security blanket.

Two of our kids are productive young adults. If I can just get the other two off the family teat, I’d be able to sock away more money for the future.

Edit to add: I fully forgot that I took out my Bearcat and Pocket Target revolvers for some shootin' a few weeks ago. I tend to forget that shooting rimfire revolvers is still shooting revolvers. 😜
 
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chicharrones said:
My wife (52) got a .gov job 3 months ago. First time ever that one of us got work outside of the commercial sector. The biggest benefit of that .gov job is that we now have health insurance for the first time since 2016. It’s a welcome security blanket.
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Yep, and I don't know what it's like where you live, but my wife (who worked as a secretary for the county for 24 years) has a much higher retirement income than I do. And I spent nearly 30 years as an electrician for several different private companies.
 
In 3 Months, 10 days, some-odd hrs., I'm retiring again.. dropped my papers last month.

1st time was in "05" from the army after 23 years. I then did 4 years contractor work, before moving to .GOV as a civilian. This DEC will give me almost 16 years there, smaller pension, but it all adds up. I'm hoping to finish up my last project before the end of OCT, then burn some comp time hunting before the end of DEC. That's about enough I figure.

Just bought a couple .22LRs, one being a Colt King Cobra to ease the boredom. I'm on 80 acres and have my own range.
 
johnjohn said:
I retired Jan. 1 2000. It ain't all its cracked up to be.
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I retired in 1998, never looked back. Speaking for myself, retirement is everything I dreamed it would be. "Free, free, free at last"! I was made for retirement. I fired my first shot on the day I shed the yoke-hit the alarm clock square in the face. If I could have, I would have retired at age eighteen.
 
Yesterday, I got on a 4-wheeler and drove for two minutes to the upper shooting range on my property. Shot three snubbies with a variety of ammo, testing for POI vs POA, and group size.

I retired at age 54. Have loved every minute of it. Never bored. The only challenge: when I retired my retired friends were all much older and more decrepit, so I chose to hang with a younger crowd who were capable of the hiking and exploring I love to do. It was tough, but I managed to keep up.
 
SwampWolf said:
I retired in 1998, never looked back. Speaking for myself, retirement is everything I dreamed it would be. "Free, free, free at last"! I was made for retirement. I fired my first shot on the day I shed the yoke-hit the alarm clock square in the face. If I could have, I would have retired at age eighteen.
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Did you get to shoot the factory Clock in! that would be the best retirement gift!
 
luzyfuerza said:
Yesterday, I got on a 4-wheeler and drove for two minutes to the upper shooting range on my property. Shot three snubbies with a variety of ammo, testing for POI vs POA, and group size.

I retired at age 54. Have loved every minute of it. Never bored. The only challenge: when I retired my retired friends were all much older and more decrepit, so I chose to hang with a younger crowd who were capable of the hiking and exploring I love to do. It was tough, but I managed to keep up.
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Best way to sort that out is to not have friends! I got enough Siblings & Cousin to last time of adventure.

55 is my target age!
 
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