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Old 04-08-2020, 05:35 AM   #1
Dude111
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http://www.slideshare.net/kzamandaru...to-prepare-for

1. Inflation
2. Running out of money
3. Stock market slumps
4. Health expenses
5. Long-term care costs
6. Drawing down assets too quickly
7. Retiring too young

I can understand #7 but #2 depends on how important it is and I think its iimportant to everyone
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Old 04-08-2020, 06:29 AM   #2
Griff
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Well, 3 just took care of 7!
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Old 04-08-2020, 11:47 AM   #3
xoxoxoBruce
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#7 is bullshit, go as young as you possibly can. When a pandemic or a speeding bus gets you who cares how much money you leave the vultures?
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Old 04-08-2020, 12:35 PM   #4
Happy Monkey
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Quote:
Originally Posted by xoxoxoBruce View Post
#7 is bullshit, go as young as you possibly can.
...
but no younger; that's how #7 can get you.
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Old 04-08-2020, 02:56 PM   #5
Carruthers
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8. Ending up as the richest man in the graveyard.
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Old 04-09-2020, 12:47 AM   #6
xoxoxoBruce
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You can live on a lot less than you think unless you want to travel the world or hoard toilet paper.
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Old 04-09-2020, 12:30 PM   #7
Happy Monkey
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or have health insurance
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Old 04-10-2020, 12:06 AM   #8
xoxoxoBruce
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With good solid health insurance you can live very cheap, without it you need courage to get out of bed. My prescriptions last year were over $13,000. That's list price and nobody gets that amount but without the insurance company to buffer that's what they would bill me. I paid a little over $300 for the year.
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Old 04-10-2020, 07:27 AM   #9
Griff
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Yeah, number 4 is a mother-fudger.
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