Pensions & Investment Income Do You Rely On One Or Both?

Discussion in 'Money & Finances' started by Lon Tanner, Oct 23, 2018.

  1. Bobby Cole

    Bobby Cole Supreme Member
    Task Force Registered

    Joined:
    Jan 21, 2015
    Messages:
    13,053
    Likes Received:
    24,625
    I saw something on an ad or movie some time ago which had an older lady who was worried that her offspring might have her funeral on a Saturday or Sunday.
    She stated that funerals cost more on weekends and she didn’t want to spend the extra hundred dollars.

     
    #16
    Last edited: Nov 8, 2018
  2. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
    Registered

    Joined:
    Aug 12, 2015
    Messages:
    12,751
    Likes Received:
    8,743
    Well, many of us worry about finances, especially those that aren't on a monthly good Pension/SS and have a descent savings. Those that still drive, vehicle repairs. Those that own homes, maintenance and repairs. Health and medication costs.

    Heck, even those that have good finances still have to worry about some-to-all of those things.

    Than there are those that can have a REALLY enjoyable retirement, like going on cruises, traveling or simply sitting back (with a cup of coffee or hot coco) and watching the snow fall (if you live in a snow area) from a nice/cozy/warm living room.
     
    #17
    Bobby Cole likes this.
  3. Bobby Cole

    Bobby Cole Supreme Member
    Task Force Registered

    Joined:
    Jan 21, 2015
    Messages:
    13,053
    Likes Received:
    24,625
    I do like and respect your viewpoint Frank but truthfully, no one has to worry about such things but rather some choose to worry about those things.
    Now, it is a given that there are some people whose mental make-up is based in part on having constant anxiety about one thing or the other and it's unhealthy to say the very least and they, for whatever psychological reasons, feel that they cannot help it. Okay, but that isn't me.

    If I live today, I live and if not, so be it. If I want something, I pay for it but if I do not have the money, I go without. Bills have to be paid, so pay them. Worrying about something will not solve a problem but doing something about the problem will. :)
     
    #18
    Beatrice Taylor and Don Alaska like this.
  4. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
    Registered

    Joined:
    Aug 12, 2015
    Messages:
    12,751
    Likes Received:
    8,743
    Lack of finances aka, money, can give many anxiety. For retirement, I think we all want to have some fun, travel, have/keep good health, buy things we both need and want and live as comfortable as possible.
     
    #19
    Don Alaska and Bobby Cole like this.
  5. Bobby Cole

    Bobby Cole Supreme Member
    Task Force Registered

    Joined:
    Jan 21, 2015
    Messages:
    13,053
    Likes Received:
    24,625
    Yes, that’s very true.
    It is well noted that there are some people who will fear and worry about the lion outside their door and others who will open the door, kill the lion then eat it.
     
    #20
  6. Beatrice Taylor

    Beatrice Taylor Veteran Member
    Registered

    Joined:
    Jul 1, 2018
    Messages:
    879
    Likes Received:
    2,093
    Sometimes if you just ignore the lion he will get bored and go away.
     
    #21
    Bobby Cole and Don Alaska like this.
  7. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
    Registered

    Joined:
    Aug 12, 2015
    Messages:
    12,751
    Likes Received:
    8,743
    Was just going to do a "Like", but really LOL and say "your right".
     
    #22
    Bobby Cole likes this.
  8. Shirley Martin

    Shirley Martin Supreme Member
    Registered

    Joined:
    Jun 9, 2015
    Messages:
    55,628
    Likes Received:
    23,290
    I am not as financially well off as @Lon Tanner but I have enough to get by. If I had a lot of money, I'd probably worry that somebody would try to steal it or cheat me out of it. I don't have to worry about a member of my family being kidnapped for ransom. My health is good so I don't have to worry overly much about that. Right now, I can't think of anything I am worried about except what size turkey to buy for Thanksgiving two weeks from today. I am a very lucky lady.
     
    #23
  9. Lon Tanner

    Lon Tanner Supreme Member
    Registered

    Joined:
    Apr 14, 2016
    Messages:
    5,596
    Likes Received:
    5,314
    With all do respect Shirley you have no idea how well off I am financially
     
    #24
  10. Martin Alonzo

    Martin Alonzo Supreme Member
    Registered

    Joined:
    Mar 7, 2015
    Messages:
    6,504
    Likes Received:
    6,751
    I no longer worry about acne or becoming to tall. I am not afraid of dying because it is guaranteed. I no loner worry about medical insurance because I don't have any.
     
    #25
    Don Alaska and Bobby Cole like this.
  11. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
    Registered

    Joined:
    Aug 12, 2015
    Messages:
    12,751
    Likes Received:
    8,743
    Yes we do, Lon. Your sunglasses probably cost $300 and that shirt you're wearing, $150. Am I right? LOL:D
     
    #26
    Nancy Hart likes this.
  12. Lon Tanner

    Lon Tanner Supreme Member
    Registered

    Joined:
    Apr 14, 2016
    Messages:
    5,596
    Likes Received:
    5,314
    You are totally wrong Cody. As I re call the glasses were bought off the rack at Walgreen's Drug for less than $25.00 and the sport shirt was purchased on sale at Macy's for $30 on a two for one deal.
    Looks can be deceiving. My picture was taken in the lobby of a hotel in Las Vegas while celebrating wife's birthday and the suite was a special deal for $145 including a dinner and breakfast.
     
    #27
    Bobby Cole likes this.
  13. Shirley Martin

    Shirley Martin Supreme Member
    Registered

    Joined:
    Jun 9, 2015
    Messages:
    55,628
    Likes Received:
    23,290
    @Lon Tanner , you are right. I don't know how well off you are financially. Would you like to tell me?
     
    #28
    Beatrice Taylor likes this.
  14. Lon Tanner

    Lon Tanner Supreme Member
    Registered

    Joined:
    Apr 14, 2016
    Messages:
    5,596
    Likes Received:
    5,314
    Sure I'll tell you. I am able to pay for my current needs with out incurring any debt. I have sufficient resources and insurance to rake care of any future needs.
     
    #29
    Bobby Cole and Shirley Martin like this.
  15. Shirley Martin

    Shirley Martin Supreme Member
    Registered

    Joined:
    Jun 9, 2015
    Messages:
    55,628
    Likes Received:
    23,290
    That is good. When a person has enough to live well, anything above that is a surfeit.
     
    #30
    Bobby Cole likes this.

Share This Page