Indeed there was an implied disagreement. I withdraw my last comment. My bad.
coach d wrote:agip wrote:NON-tech indices?
and another day of all time highs for non tech indices...
Indeed there was an implied disagreement. I withdraw my last comment. My bad.
coach d wrote:agip wrote:NON-tech indices?
and another day of all time highs for non tech indices...
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
Flagpole wrote:coach d wrote:Nah. I can and will retire early, and others can do it too...on mutual funds. You don't need a HUGE return over time to be able to retire with a lot of money and "early".
And BTW, Flagpole, the only mutual funds that come even close to this ROR for the last 5 years have 2-3X leverage or extremely high risk. That's why if you want to retire early as a millionaire or close to it, you invest in stocks, not mutual funds.
1) Show me the stats on that, brother.
Nature Boy wrote:
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
We're nearly there and it looks like K5 was mistaken. What's your next move?
Klondike5 wrote:
If at year's end I have been proven mistaken, I will consider my next move.
You folks who criticize K5 really have no clue. The dude's consistently shown he is smarter than everyone else on this thread.
Pointing Out the Obvious wrote:Klondike5 wrote:We're nearly there and it looks like K5 was mistaken. What's your next move?
If at year's end I have been proven mistaken, I will consider my next move.
Show me the stats on that, brother.
Flagpole wrote:Nature Boy wrote:2) I could see it being true actually, but it's skewed, because the REASON that some people retire early is to deal with a potentially deadly illness
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
Stats? Stats? I don't need no stinkin stats.
ED WARD wrote:Flagpole wrote:Show me the stats on that, brother.Nature Boy wrote:2) I could see it being true actually, but it's skewed, because the REASON that some people retire early is to deal with a potentially deadly illness
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
ED WARD wrote:Flagpole wrote:Show me the stats on that, brother.Nature Boy wrote:2) I could see it being true actually, but it's skewed, because the REASON that some people retire early is to deal with a potentially deadly illness
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
No, not new.
jetson wrote:
Are you new?
Flagpole doesn't use statistics to back up his arguments. He just uses personal anecdotes.ED WARD wrote:Flagpole wrote:Show me the stats on that, brother.Nature Boy wrote:2) I could see it being true actually, but it's skewed, because the REASON that some people retire early is to deal with a potentially deadly illness
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
http://money.usnews.com/money/...edly-early
ED WARD wrote:Flagpole wrote:Show me the stats on that, brother.Nature Boy wrote:2) I could see it being true actually, but it's skewed, because the REASON that some people retire early is to deal with a potentially deadly illness
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
Translation: it's common sense.
jetson wrote:
LOL
flaggy, did you write that "study?"
a favorite quote from the non-study. so flagpole-esque.
"I cannot, of course, give any solid factual evidence
that this is so, but rather base my views on general rea-
soning as it relates to people in the real world."
Flagpole wrote:ED WARD wrote:http://money.usnews.com/money/...edly-earlyFlagpole wrote:Show me the stats on that, brother.Nature Boy wrote:2) I could see it being true actually, but it's skewed, because the REASON that some people retire early is to deal with a potentially deadly illness
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
http://money.usnews.com/money/...tire-early
http://www.socialsecurity.gov/...5n9p10.pdf
The first two links are just articles that list health reasons as a top 5 reason why people retire. The last link has some stats for you.
And, these were easily gotten...many more links with stats on this. Easy for you to have gotten. I'm not one to throw out stats for every assertion I make, and I don't make them based on lack of evidence.
1) The number mentioned by another poster was 7 years earlier, not 8.
ED WARD wrote:
That's fine and dandy, Flagpole. But nothing in those links addresses the skewing of early retirees dying 8 years earlier than others.
Sure, people stop working sooner b/c of illness (800/year according to one of your links). That's common sense. They also do to take care of ill relatives (including children), enjoy life, go part-time, etc.
You've actually got the retirement versus death age thing backwards: The earlier you retire, the longer you live. This is from a study funded by Boeing:
Flagpole wrote:
http://money.usnews.com/money/...edly-early
http://money.usnews.com/money/...tire-early
http://www.socialsecurity.gov/...5n9p10.pdf
The first two links are just articles that list health reasons as a top 5 reason why people retire. The last link has some stats for you.
And, these were easily gotten...many more links with stats on this. Easy for you to have gotten. I'm not one to throw out stats for every assertion I make, and I don't make them based on lack of evidence.
Ok...this is interesting. Remember I'm not adamant either way. I can IMAGINE that retiring early might be due to a health issue so that you die soon after, but I can also imagine that NOT being the case. My only issue really was that I didn't buy the fact that if you retire early you will necessarily die sooner too. If keeping my nose to the grindstone adds years to my life, then those aren't years I necessarily want.
coach d wrote:
You've actually got the retirement versus death age thing backwards: The earlier you retire, the longer you live. This is from a study funded by Boeing:
http://www.frugal-retirement-l...early.html
And this is why the #1 thing the mutual fund industry doesn't want to talk about--long term rate of return--is important.
http://freakonomics.com/2012/0...e-podcast/
coach d wrote:Flagpole wrote:You've actually got the retirement versus death age thing backwards: The earlier you retire, the longer you live. This is from a study funded by Boeing:
http://money.usnews.com/money/...edly-early
http://money.usnews.com/money/...tire-early
http://www.socialsecurity.gov/...5n9p10.pdf
The first two links are just articles that list health reasons as a top 5 reason why people retire. The last link has some stats for you.
And, these were easily gotten...many more links with stats on this. Easy for you to have gotten. I'm not one to throw out stats for every assertion I make, and I don't make them based on lack of evidence.
http://www.frugal-retirement-l...early.html
And this is why the #1 thing the mutual fund industry doesn't want to talk about--long term rate of return--is important.
This ^ is the unfortunate truth.
agip wrote:
personally, I don't think I know any retired men who have created much of a life after work. Maybe one or two, arguably. Most just watch tv and get progressively unhealthier and dumber.
women are better at creating social connections that keep them sharper.
I suspect agip was being facetious. Retired people today are infinitely more active and social than they were a couple of decades ago.
Recognizer of Brilliance wrote:agip wrote:This ^ is the unfortunate truth.
personally, I don't think I know any retired men who have created much of a life after work. Maybe one or two, arguably. Most just watch tv and get progressively unhealthier and dumber.
women are better at creating social connections that keep them sharper.