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10-18-2017, 09:08 PM
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#201
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Senior Member
Join Date: Jan 2015
Location: Kansas
Posts: 1,272
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I worked in an aircraft factory as a maintenance mechanic for 34 years. First 25 ... loved my job spinning wrenches. Next 5 years brought company and management changes ... it was alright going to work. Last 4 years ... Sunday afternoon I'd find myself dreading going in Monday morning. Decided to retire and boy howdy was a weight lifted off my shoulders ... I don't miss it nor have I ever looked back. I saw a few of my senior fellow workers that just couldn't leave the "love of their life" job piling up the retirement money only to be 6' under within 1-3 years of retirement. What did that get them? Sorry ... I'm a get out and enjoy it while you are able kind of guy.
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10-19-2017, 07:45 AM
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#202
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Senior Member
Join Date: Dec 2012
Location: Durham, NC
Posts: 3,188
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Bad decisions in life can cause lots of pain in retirement. Have a friend who is divorced five times, paid child support until he was 62, lost most of his 401K to former spouse, all because he could not keep his zipper closed. He is now 66 and will never be able to afford retirement.
__________________
Tom & Renée
Durham, NC
2021 Jayco Class C model 27U
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10-19-2017, 08:28 AM
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#203
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Senior Member
Join Date: Jul 2014
Posts: 7,363
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Quote:
Originally Posted by 5er_tom
Bad decisions in life can cause lots of pain in retirement. Have a friend who is divorced five times, paid child support until he was 62, lost most of his 401K to former spouse, all because he could not keep his zipper closed. He is now 66 and will never be able to afford retirement.
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And now his zipper all rusted up !!!
Even with the best plan- when the work income stops one has to have a be ready to cut back.
Russell
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10-19-2017, 11:28 AM
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#204
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Senior Member
Join Date: Apr 2016
Location: Texas
Posts: 781
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Quote:
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I tell young people all the time to put as much money as you can in a 401k and in a high risk fund.
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When I was close to retirement, a co-worker came to me for some advice. She was a few years younger than I was and had a few more years to go. I was turning 62 with 31 years and she was in mid 50s with 27 years with the company. She had been contributing to her 401K almost the entire 27 years, but had NEVER bothered to make investment elections! So it defaults to the safest ( read almost zero return ) investments. My jaw almost hit the floor. After all those years, she had only $40K in her 401K! She told me she thought she'd be fine. YIKES.
Tuckerdog1
__________________
2016 RAM 2500 Cummins SLT Lone Star 4X4 LB
2016 Windjammer 3029W Platinum
I'm not an expert. But I play one on the internet.
You live & learn or you don't live long.
If you don't punish your children, life will.
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10-19-2017, 11:35 AM
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#205
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Senior Member
Join Date: Jun 2012
Posts: 10,907
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Quote:
Originally Posted by 5er_tom
Bad decisions in life can cause lots of pain in retirement. Have a friend who is divorced five times, paid child support until he was 62, lost most of his 401K to former spouse, all because he could not keep his zipper closed. He is now 66 and will never be able to afford retirement.
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God gave men two heads, but only enough blood to run one at a time. 
__________________
1988 Coleman Sequoia - popup (1987-2009) - outlasted 3 Dodge Grand Caravans!
2012 Roo19 - hybrid (2012-2015)
2016 Mini Lite 2503S - tt (2015 - ???)
2011 Traverse LT, 3.6L, FWD
2009 Silverado 1500 Ext Cab, 5.3L, 4x4, 3.73
2016 Silverado 2500HD Dbl Cab, 6.0L 4x4, 4.10
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10-19-2017, 12:04 PM
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#206
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Senior Member
Join Date: Jul 2017
Location: California
Posts: 7,616
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Quote:
Originally Posted by tuckerdog1
When I was close to retirement, a co-worker came to me for some advice. She was a few years younger than I was and had a few more years to go. I was turning 62 with 31 years and she was in mid 50s with 27 years with the company. She had been contributing to her 401K almost the entire 27 years, but had NEVER bothered to make investment elections! So it defaults to the safest ( read almost zero return ) investments. My jaw almost hit the floor. After all those years, she had only $40K in her 401K! She told me she thought she'd be fine. YIKES.
Tuckerdog1
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And she was only contributing $1,500/year too! I guess she doesn't review statements she receives either!
What I don't get are people that take 401K loans out. Pretty dumb move too.
I have maxed out my 401k every year I have worked including the catch-up once I turned 50. I have never been in any fixed income type funds until recently since I am now 58 and going to retire.
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10-19-2017, 02:43 PM
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#207
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Senior Member
Join Date: Apr 2016
Location: Texas
Posts: 781
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Quote:
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What I don't get are people that take 401K loans out. Pretty dumb move too.
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Yea, funny story, had a co-worker ( really young guy mid 20s ) come to me and ask if there were any circumstances where he could take money out of his 401K. Told him without severe penalties, there were only a couple reasons he could take money out. But if he could avoid doing so, he should try to find a better way to get the money he needed. But barring some "special" circumstances, he should never take the money out, especially for something stupid like a new car stereo. And I asked what he needed the money for. His answer...a new car stereo!
Tuckerdog1
__________________
2016 RAM 2500 Cummins SLT Lone Star 4X4 LB
2016 Windjammer 3029W Platinum
I'm not an expert. But I play one on the internet.
You live & learn or you don't live long.
If you don't punish your children, life will.
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10-19-2017, 02:59 PM
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#208
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Senior Member
Join Date: Jan 2012
Location: Keller, Texas
Posts: 6,090
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Quote:
Originally Posted by rockfordroo
God gave men two heads, but only enough blood to run one at a time. |
That's one of the best posts I have ever read. 
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10-19-2017, 08:32 PM
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#209
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Senior Member
Join Date: Dec 2015
Location: Eastern NC
Posts: 3,963
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Quote:
Originally Posted by 5er_tom
Bad decisions in life can cause lots of pain in retirement. Have a friend who is divorced five times, paid child support until he was 62, lost most of his 401K to former spouse, all because he could not keep his zipper closed. He is now 66 and will never be able to afford retirement.
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BUT ~~ he had 5 honeymoons!
__________________
2022 Montana 3855 BR
2019 F350 6.7 4X4 LB Dually
Edgewater 205 EX 150 Yamaha
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10-20-2017, 11:33 AM
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#210
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Senior Member
Join Date: Jun 2012
Location: Southern NM
Posts: 9,562
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Quote:
Originally Posted by CaptnJohn
BUT ~~ he had 5 honeymoons! |
And five disappointed women 
__________________
Scott and Liz - Southern NM
2012 Wildcat Sterling 32RL - w/level up (best option ever)
2007 Chevy 2500HD Duramax
Reese Fifth Airborne Sidewinder
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10-20-2017, 12:29 PM
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#211
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Senior Member
Join Date: Jun 2012
Posts: 10,907
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Quote:
Originally Posted by CaptnJohn
BUT ~~ he had 5 honeymoons! |
Quote:
Originally Posted by NMWildcat
And five disappointed women |
Hmm. Which is worse:
5 disappointed women, or 1 man disappointed 5 times?
__________________
1988 Coleman Sequoia - popup (1987-2009) - outlasted 3 Dodge Grand Caravans!
2012 Roo19 - hybrid (2012-2015)
2016 Mini Lite 2503S - tt (2015 - ???)
2011 Traverse LT, 3.6L, FWD
2009 Silverado 1500 Ext Cab, 5.3L, 4x4, 3.73
2016 Silverado 2500HD Dbl Cab, 6.0L 4x4, 4.10
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10-20-2017, 01:07 PM
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#212
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Senior Member
Join Date: Jul 2017
Location: California
Posts: 7,616
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There's a reason divorce is expensive....
...because it's worth it!
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10-20-2017, 02:12 PM
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#213
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Senior Member
Join Date: Jun 2012
Location: Southern NM
Posts: 9,562
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Quote:
Originally Posted by rockfordroo
Hmm. Which is worse:
5 disappointed women, or 1 man disappointed 5 times?
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I think after the second divorce there would be hints of where the problem lies
__________________
Scott and Liz - Southern NM
2012 Wildcat Sterling 32RL - w/level up (best option ever)
2007 Chevy 2500HD Duramax
Reese Fifth Airborne Sidewinder
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10-20-2017, 04:17 PM
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#214
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Senior Member
Join Date: Jul 2009
Location: Warsaw,NC
Posts: 7,184
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Five honeymoons, wow.
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10-20-2017, 05:02 PM
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#215
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Senior Member
Join Date: Dec 2015
Location: Eastern NC
Posts: 3,963
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Quote:
Originally Posted by NMWildcat
I think after the second divorce there would be hints of where the problem lies |
What does that indicate about the next 3 wives then? Something wrong with their thought process.
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10-20-2017, 09:33 PM
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#216
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Senior Member
Join Date: Jun 2012
Posts: 10,907
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Quote:
Originally Posted by NMWildcat
I think after the second divorce there would be hints of where the problem lies |
You're right.
After 5 divorces, seems like you have to take a good hard look in the mirror and ask yourself, "What's the common denominator here?"
__________________
1988 Coleman Sequoia - popup (1987-2009) - outlasted 3 Dodge Grand Caravans!
2012 Roo19 - hybrid (2012-2015)
2016 Mini Lite 2503S - tt (2015 - ???)
2011 Traverse LT, 3.6L, FWD
2009 Silverado 1500 Ext Cab, 5.3L, 4x4, 3.73
2016 Silverado 2500HD Dbl Cab, 6.0L 4x4, 4.10
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10-20-2017, 09:35 PM
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#217
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Senior Member
Join Date: May 2015
Posts: 1,051
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Quote:
Originally Posted by rockfordroo
You're right.
After 5 divorces, seems like you have to take a good hard look in the mirror and ask yourself, "What's the common denominator here?"
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Women!
[emoji51]
__________________
2017 Coachman Chaparral 336TSIK
2015 F350 6.7
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10-20-2017, 10:09 PM
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#218
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Senior Member
Join Date: Dec 2015
Location: Eastern NC
Posts: 3,963
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Quote:
Originally Posted by rockfordroo
You're right.
After 5 divorces, seems like you have to take a good hard look in the mirror and ask yourself, "What's the common denominator here?"
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Hot honeymoons!!!
__________________
2022 Montana 3855 BR
2019 F350 6.7 4X4 LB Dually
Edgewater 205 EX 150 Yamaha
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10-20-2017, 10:22 PM
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#219
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Senior Member
Join Date: Jun 2012
Posts: 10,907
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Quote:
Originally Posted by rockfordroo
You're right.
After 5 divorces, seems like you have to take a good hard look in the mirror and ask yourself, "What's the common denominator here?"
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Quote:
Originally Posted by lesptr
Women!
[emoji51]
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Quote:
Originally Posted by CaptnJohn
Hot honeymoons!!!
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You guys are just TOO smart for me! 
__________________
1988 Coleman Sequoia - popup (1987-2009) - outlasted 3 Dodge Grand Caravans!
2012 Roo19 - hybrid (2012-2015)
2016 Mini Lite 2503S - tt (2015 - ???)
2011 Traverse LT, 3.6L, FWD
2009 Silverado 1500 Ext Cab, 5.3L, 4x4, 3.73
2016 Silverado 2500HD Dbl Cab, 6.0L 4x4, 4.10
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10-20-2017, 11:34 PM
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#220
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Hoss3
Join Date: Sep 2016
Location: Summerville SC
Posts: 30
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Sometimes it just takes practice. My uncle Ted married 10 times. 5 times to the same woman. Anyway, sixth wife stayed for years and out lived him. They seemed happy.
__________________
 Hoss3
2016 Ram 1500 4x4 3.92
2014 Salem Cruise lite 252RLXL
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