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Personal Finance and Investing

multigraincracker

(35,352 posts)

3. Great advice. I retired a little over 22 years ago at age 52.

Reply to TexasTowelie (Original post)

Tue Oct 1, 2024, 09:00 AM

Oct 2024

Paid off my last car payment in 1982. In my 3rd house I've paid cash for. I have hobbies that pay for themselves. Have a pension and SS. My dividends pay all of my monthly bills.
Getting out of debt and staying out are the key.

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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