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Personal Finance and Investing

3Hotdogs

(14,188 posts)

5. Mine: It was a contract from the state. If anything goes wrong, they can raise taxes to fund the discrepancy.

Reply to PoindexterOglethorpe (Reply #4)

Mon Oct 14, 2024, 08:21 PM

Oct 2024

It did. And they didn't.

What pisses me the most, teacher contributions to the pension fund were mandatory. If I had the money instead of them, I could have bought shares into S & P 500. I would have been better off.

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How to Retire Early & Live Off Investments - Joe Blogs [View all] TexasTowelie Oct 2024 OP

Two interesting points. How much of your discretionary spending is used because you are bored? You can't think of 3Hotdogs Oct 2024 #1

My retirement was well planned. It was based on SS and a pension paid by the state pension fund. What could go wrong? 3Hotdogs Oct 2024 #2

I worked ten years for a company that, PoindexterOglethorpe Oct 2024 #4

Mine: It was a contract from the state. If anything goes wrong, they can raise taxes to fund the discrepancy. 3Hotdogs Oct 2024 #5

Great advice. I retired a little over 22 years ago at age 52. multigraincracker Oct 2024 #3