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What's your retirement plan?

Discussion in 'The Water Cooler' started by MGH_PA, Feb 18, 2015.

  1. MartinHunter

    MartinHunter Die Hard Bowhunter

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    BTW... There is nothing in the Bible about retiring.....
     
  2. MartinHunter

    MartinHunter Die Hard Bowhunter

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    Have two in college myself, just make damn sure they go to college for a reason and not going just to go...In other words do your research and make sure they get degrees in something they can actually use.... Many experts now claim that over half the jobs out there now will be gone or no longer needed in the near future..
     
  3. MnHunterr

    MnHunterr Legendary Woodsman

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    In other words... Be sure to tell them what they are going to do with their lives instead of letting them find out what they like/want to do on their own.

    :poke:
     
  4. MartinHunter

    MartinHunter Die Hard Bowhunter

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    when they started getting ready we sat down [several times]and talked and then made informed derisions on their paths.


    my son is rooming with a kid that is a 7 year senior exactly how long should his parents let him try and figure want he wants or likes before they pull the money plug?


    If you get a degree in underwater basket weaving you are going to fail...lol

    it is estimated that half the kids in college have no business being there...
     
    Last edited: Feb 18, 2015
  5. Sota

    Sota Legendary Woodsman

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    You will get it when you have kids. My son wanted to be a teacher, I explained that the life he is accustomed to could not be supported with that income. He changed his mind about teaching.
     
    Last edited: Feb 18, 2015
  6. MnHunterr

    MnHunterr Legendary Woodsman

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    I guess I have no say in the matter as I don't have kids and my parents didn't pay for any of my college expenses.

    Now that you mention it... Underwater basket weaving sounds like it would be quite interesting.
     
  7. MGH_PA

    MGH_PA Moderator

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    Depends on where you teach.

    Sent from Samsung Galaxy Note 10.1
     
  8. Skywalker

    Skywalker Grizzled Veteran

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    I suppose that's true but I graduated with a teaching degree and couldn't afford to leave my job working for Lowe's Home Improvement to take on a first year teachers salary in my area. I would have taken about a $12000 pay cut.
     
  9. Sswpriz

    Sswpriz Weekend Warrior

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    What's this retirement you speak of ???
    Actually, I will be 65 in 4 years, but I still plan on working part time because I love what I do, and the owner of the company will let me do that. I'm a full commission salesman, so it really isn't any draw on the company. We have a few of these retired salespeople that still make decent money part time.
    I do have a 401K that is decent and still building plus what I will get from SS and my wifes disability SS, we will make it just fine.
     
  10. tynimiller

    tynimiller Legendary Woodsman

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    But...does Lowes let you have the summer off? I realize and agree teachers deserve it, shoot I'm married to one and she puts in a hell of a lot more hours than I do in my main job....but it still is a job with awesome vacation time. I graduated with a teaching degree but never followed through on it then walking into a full time job with benefits...I would have had to take an aid job if I would have wanted to teach.
     
  11. Matt

    Matt Grizzled Veteran

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    I did not graduate with a teaching degree, but I left a good paying job to teach and coach. I did actually take an initial pay cut...but time off, less stress, great hours, more than 1 week of vacation, snow days, late starts, coaching > more money.
     
    Last edited: Feb 18, 2015
  12. Skywalker

    Skywalker Grizzled Veteran

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    Haha, no. I dumped them almost 10 years ago to go to the company that I work for now. No doubt, there are great benefits to being a teacher outside of the salary, but we were already established with a certain lifestyle. We were married and already had my daughter. There just wan't any way to take that hit. I suppose I could have made up some of the difference by working construction or something in the summer months. As I look back on it, I think I would have enjoyed the teaching and interacting with the kids, but I would have hated dealing with the parents, administration and politically correct liberal BS.
     
  13. tynimiller

    tynimiller Legendary Woodsman

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    Yeah, I throughly loved teaching, man student teaching was some of the best moments of my life but honestly just couldn't afford to take an aide job in a system to get in. So took a job at the local assessor's office which has grown into my now private sector appraiser/assesor contracted work in 4 counties...it is slightly better salary but has potential to really boom so we'll take it.

    The wife is a teacher of kinders so she avoids a lot of the political bs but man some of her stories make me not miss it one bit, plus outside of a couple times a year I leave work and I can 100% checkout...teachers can't (grading, papers, planning).
     
  14. frenchbritt123

    frenchbritt123 Grizzled Veteran

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    I have a masters degree in education and liked the field, but I like to eat and wear clothes more.
     
  15. MGH_PA

    MGH_PA Moderator

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    Pay was that bad? Everyone is just reaffirming my decision to stay where I am. It's amazing to think of the vast differences in teacher pay across the country.

    There are nice little perks. Like today. I went home two hours early for snow that never came:)
     
  16. Tony

    Tony Legendary Woodsman

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    Retirement to me is just doing what I love to do that will bring income in as well as all my investments...I HATE laying around and doing nothing. We will be opening up a small cafe in a well scouted out area where ever we end up living and we will work that and love doing it. Like Matt said tho, life can throw it's curve balls...

    I just want to warn everyone that is not living "debt free" to get there as fast as possible. I am not necessarily talking about a mortgage, but everything else, get them paid off by sacrificing now. In a short amount of time, you will be amazed at how fast this will pay off your bills. Debt-snowball method - Wikipedia, the free encyclopedia
     
  17. Skywalker

    Skywalker Grizzled Veteran

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    I believe starting salary for a first year teacher at my local school was about $23,000 when I graduated college about 10 years ago.
     
  18. MGH_PA

    MGH_PA Moderator

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    Yep. I hate sitting around. If I make it to retirement, I will hopefully be very active and have plenty of projects.

    The debt is also important. In two years, all of my wife's student loans should be gone and we will be free of debt (aside from a mortgage).
     
  19. MGH_PA

    MGH_PA Moderator

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    Ah, I see. I don't blame you then.
     
  20. TRBrew

    TRBrew Weekend Warrior

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    I Retired from the USAF after 20 years a few months after I turned 40, then landed a sweet gig as a VSO.

    By the time my current Supervisor Retires I'll have solidified my career to be impervious to any whims of the petty political backstabbing found in some government jobs. About the only way I could screw up this gig is if I do something illegal and/or stupid, so I'll have a second Retirement from that.

    My only big obstacle is trying to stay healthy with the VA Rating I have to make sure I have a Retirement.

    All I can truly say is "Thank you" for paying those damn taxes, you've supported me and my family and I am truly thankful. Now I can parlay all that nto helping other Veterans and their families.

    Oly
     

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