But that is the catch 22 isn't it?
Was your dad right in 82?
I find that very hard to answer.
For me it feels like the guy that every year says the stock market is going to crash and then when it finally does thinks he smart
Cheated, gipped, lost, I would feel worse the less I received considering how much I have paid in. Getting to break even means I lived a long time and that in itself is a victory. This psychology stuff of us humans is so interesting
Great discussion , really enjoying it and it helped me crystalize my plan!!! If you don't really need SS, but can use it, it is not a monumental decision right? It is more of a felling in this case. So I am thinking of it this way, would you be happier that you got more SS $'s past the breakeven date or more disappointed if you die before and feel gipped? Human nature studies find people care more about losses than wins and I think I am in that same category. Somehow I feel I am an outlier in this group. I am still 61 but believe I will claim just before or at FRA as I don't plan to be working then. Even though all the calculators say I should wait till 70.
We’re still planning on taking a couple of major trips this year. But if the economy ever gets extremely dicey, we would dramatically reduce our spending. Why?
Comments
But that is the catch 22 isn't it? Was your dad right in 82? I find that very hard to answer. For me it feels like the guy that every year says the stock market is going to crash and then when it finally does thinks he smart
Post: Feeling Moody
Link to comment from May 24, 2025
Cheated, gipped, lost, I would feel worse the less I received considering how much I have paid in. Getting to break even means I lived a long time and that in itself is a victory. This psychology stuff of us humans is so interesting
Post: Breaking even? Why should anyone care? I don’t
Link to comment from May 17, 2025
This is called survivor bias
Post: Breaking even? Why should anyone care? I don’t
Link to comment from May 17, 2025
Great discussion , really enjoying it and it helped me crystalize my plan!!! If you don't really need SS, but can use it, it is not a monumental decision right? It is more of a felling in this case. So I am thinking of it this way, would you be happier that you got more SS $'s past the breakeven date or more disappointed if you die before and feel gipped? Human nature studies find people care more about losses than wins and I think I am in that same category. Somehow I feel I am an outlier in this group. I am still 61 but believe I will claim just before or at FRA as I don't plan to be working then. Even though all the calculators say I should wait till 70.
Post: Breaking even? Why should anyone care? I don’t
Link to comment from May 17, 2025
Contesting is a good idea, Rick, I am not sure I would have paid, did you consider not paying?
Post: A Tale of Excess
Link to comment from May 10, 2025
If you are in your 60's and taking less than 4% out of fear of running out of money, respectfully, you should seek psychiatrics help, just saying,,,
Post: 4% every year? even this one?
Link to comment from April 12, 2025
We’re still planning on taking a couple of major trips this year. But if the economy ever gets extremely dicey, we would dramatically reduce our spending. Why?
Post: Market Turmoil
Link to comment from April 12, 2025
I agree, this one is 100% self inflicted, but still what to do that isn't market timing?
Post: Market Turmoil
Link to comment from April 12, 2025
To add to that consider you or they misunderstood something
Post: Help Wanted
Link to comment from March 29, 2025
On the difficulty of retail, I have a life philosophy one part of which states, never underestimate the difficulty of another persons job.
Post: Going Back to Work (Briefly)
Link to comment from March 29, 2025