Quote:
Originally Posted by Dharma
When I hosted the investment classes last year, I really paid attention. I will be able to retire completely in 5-6 years. I won't go into details but like I said, r-e-t-i-r-e-m-e-n-t. I've been taking care of you guys, now it's time to take care of myself
Would I hire an ex-provider? It depends on the person. Some providers are dependable, smart and savvy. Some are just flaky. It's an individual thing.
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having taken a completely different career path and made completely different investment choices in my life than everyone else, after many years of employment, my income and my net worth have slowly and steadily increased to the point where i can see retirement in 4 or so years. when the group i was in at TI got sold, i took all my profit sharing, 401k, and pension money and am now my own retirement pension provider.
but, i've traveled quite a bit, own a home free and clear, very little debt [a bed from Mattress Firm and a car loan], and for the past ten years been able to enjoy incredible delites with incredible women here in the DFW area and a few other cities.
a few tips to younger folks.
* save/invest early!!!! i didnt start saving in IRAs or 401ks until i was in my mid- to late-30s. i could probably be retired by now if i had.
* invest safely and wisely. i never bought real estate as an investment - based on what happened in the 80s, 90s, 00s, that's good news and bad news.
* take on as little debt as possible to be able to use more of your income for savings, investing, and LIVING!!
i'll amend what i posted earlier...
but, and that's a very BIG BUT, if i were offered a job paying $100K w/ health, medical, vision benefits, funded retirement plan, 25 vacation days and 10 holidays a year, i just might consider it for a while.
make that $150K and 40 days off per year for two years and i would seriously consider it. as long as i liked the job. :^)