Re: Retire? I hope to (someday)

". . . don't see a reason why kids think they are owed anything past age 18."

Just remember those kids are the ones who will be choosing the nursing home in which you will be living.

;-)

Re: Retire? I hope to (someday)

Lightnen up. Those "entitled" kids will be supporting both of us in retirement by:

1. Paying income taxes to fund CSRS and part of FERS
2. Paying social security taxes to fund that part of retirement
3. By contributing to the U.S. economy and keeping our investments valuable and capable of producing income for as long as we need it.

Re: Retire? I hope to (someday)

There are a lot of ways to make a contribution, and having a purpose after you leave federal employment. I have talked to people who retired from where I work and held on for years, they now say they don't know why they didn't go sooner.
Start a new business, go back to school, let retirement be a new start, not an ending.

Re: Retire? I hope to (someday)

Dear HR from Labor: I have a long, very long, history of visiting rest homes of different types and features as a volunteer, friend, and relative since I was age 10. We visited my grandmother's friends who all went to them for years before she died in her 90's. Then my dad, my mom, my aunt, and my stepdad followed. I hope that I will receive the same gentle care in return. As I don't have children nor any siblings, and my only living relative is now 98, I wish that all the very grateful children of others get exceptional medical administration degrees and fill the rest homes with capable and caring personnel by the time I'm there. Meanwhile, I will work, work work.............

Re: Retiring Outside US

This is a very informative and true comment. I want to live abroad after I retire, but after considering the very points that you have made, I plan to do it on a revolving basis....

maybe 6 months on and 6 months back in the U.S. I probably will not purchase property abroad since I will not be there 24/7/365.....

Re: Retiring Outside US

Many excellent comments however it's not certain just how long we are going to continue having our Constitution and Bill of Rights. Also, life inside the U.S. is becoming unstable as each week passes. Our own "rights" are being picked to death and eliminated as we live each day.

We will soon no longer have a "real middle class" ourselves.

What I find rather fascinating is some of the countries listed in the article as places to retire. Venezuela? I don't know about anyone else but why would any American consider moving to a country whose leader hates America? Well, okay, he probably "loves" American(s). . .well, probably not nearly as much as the American Dollar, he just has to tolerate the American that comes attached. Many of the Central and South American countries are being slowly devoured by violence and Americans are great targets. I personally would prefer not to support a government who hates the U.S. with my retirement money.

But to each his own.

Re: Retiring Outside US

A couple of thoughts on living in Canada after doing so for three years: The cost of living is surprisingly much more expensive than in the U.S. If the exchange rate is favorable then it helps offset increased costs of daily life; otherwise, watch out! There is most definitely abundant anti-American sentiment that exists in Canada although it is subtle and the casual visitor may not encounter it because Canadians are generally very polite and cordial in their demeanor. Living in Canada is not the same as living in the U.S. as many Americans would think and there are differences to which Americans living in Canada must become accustomed.