• 4 Posts
  • 5 Comments
Joined 1 year ago
cake
Cake day: June 2nd, 2023

help-circle

  • I’m a blue person, stuck in the southeast. I’m nearly 59 years old, so I can’t transplant easily. My spouse has family roots and a house here too. (I don’t, I’ve been more mobile before I met her).

    She’s not likely to sell her house either (despite being liberal) because she bought the home she grew up in; Nostalgia. I’m hoping that in 8 years when I retire, she and I will be more on the same sheet of music. Maybe she’ll be ready to downsize (though she still harbors the idea of keeping the house, renting it, and being able to will it to her daughter), and we can consider leaving.

    The only game plan I can come up with is get a nice van as our “second home” and live full time on the road; Quite an expensive way to escape. Sigh…I hope she and I sync up eventually.







  • I remember years ago when Enron and Worldcom collapsed. People who were retired/nearly retired lost a lifetime of investments. They found themselves on the cusp of their elder years and thrust into poverty overnight.

    If (when) the stock market fails everyone is going to be in that same boat because all other avenues of saving money other than shoving it in a mattress or burying it in your yard is ultimately tied up in the market. I have to contribute to a 401k and pension plan to get employer contributions. So instead of a safe CD or savings account…my extra money is “playing” the market. I don’t like this and predict it’s going to get really ugly for lots of folks when finance buckles. I’m 10 years out from retirement and on edge just thinking about this. Then again, I know I won’t be alone.