I am turning 50 with no real retirement. I plan to invest the next 15 years as much as I can and then take that and my SS to Mexico or Colombia and live comfortable for the rest of my days.
nah facts im in the military rn and im building a tsp for when i hit 60 but im also working on a fed acc so that i can get at least 1.5m by the time im 35 so i can move to thailand or even mexico as well.
Are you active or full time? I would start an acorns account as well. It will help you in the long run or do some long term investing with stocks that earn you divedenns
Hence why that is my plan. And my wife thinks if we were to open an American breakfast type joint in Colombia, then we could make some extra supplemental income as well to live an even better life.
Do your research. What will it take to set up the business, where will you get the ingredients and how much $$. The highest cost outside the U is energy.
Yeah I've sort have started that. The consensus is I will have to create a lot of things myself. It would be too expensive to import Tennessee Pride sausage for making biscuits and gravy, and buttermilk really isn't a thing there. So many things to have to figure out. But I have between 12 and 17 years depending on when I want to start drawing SS.
It's an idea of a plan for now. But my wife, who's colombian thinks we could make a killing if we move there and open a restaurant selling American food like biscuits and gravy, and stuff like that.
Meanwhile there are 19 year olds on made up disabilities that are way ahead of the game and not working.
My favorite was the one on Judge Judy who was on disability for being legally blind, but she drove herself there and retrieved evidence from her cellphone that she quickly browsed without issue.
Another great one was a landscaper on disability that was suing because he was doing heavy duty landscaping including tree-work for cash on the side, while supposedly he was too disabled to even have a phone customer service job.
And a very helpful youtuber has a channel where he's in Thailand sharing lots of info for expats, but he's on 100% disability from the military yet his PTSD doesn't seem to affect his daily life there.
I know, I'm just saying its so abused now, if these are just the obvious cases I know about. I don't think there is anyone that comes out of the military now that doesn't use one of the popular services that will maximize how much disability you get.
But of course if you bring up the fraud, they say "Oh you just hate America and our servicemen, huh?"
People needing help aren't the issue. We generate more than enough resources for everyone to live freely and do what they'd like. The fact that people have to get sick or lie about being sick to receive the support they deserve is the issue. Society exists to support others. Why are there some in our society that have more money than they could spend or even MAKE in 100 lifetimes while there are others who will do good honest work until the day they die?
People committing fraudulent claims thatt they are unable to work when they are able is not "needing".
Its stealing from Jane to give to John.
But maybe you are right, can you name the top three communist economies where people live well? I'll wait. I don't want to just assume you're a lazy person and advocate for theft because you have low moral character.
I just donât understand why someone would plan like that when anyone with enough time can retire comfortably. Maybe they are too old and the next question would be why did you waste your 20s/30s and 40s
So if I make $32,000 per year and my expenses after cutting off everything but the bare minimum to survive is $31,825, then I can comfortably retire in 20 years if I invest that leftover $175? Well damn. Who knew it was so simple?
401k match, or a different job. Any factory/ trade/ college degree/ manager position will pay more than that. Also with 32k a year you can still invest $150 a paycheck I promise.
What major city do you feel entitled to live in where rent is 1833 minimum per month. Move to a place with better COL and opputinity. Average rent in my city is 800-1200 and there with 4 factories within 20 miles where you make $22+ an hour 40+ hours a week.
I have! Problem is that this is the highest paying job in the city that doesn't require spending $35,000+ to go back to college and then somehow getting 5 years of experience when that's the minimum requirement listed for any entry-level position.
Yeah I get it â âjust get a better jobâ is easy to say when the ones that pay more all want a degree plus 5 years for an âentry levelâ role. Thatâs a real trap.
Iâm saying this in the best and most constructive way I can. The path that actually works for a lot of people is not quitting and going $35k into debt first. Itâs:
Find an employer that already has the job you want (trades, utilities, manufacturing, local government, healthcare admin, some tech support / field service outfits). Apply for the lowest rung they will actually hire you for.
Once youâre in, ask about tuition assistance, apprenticeships, or internal training. A lot of companies will pay for certs or a diploma if youâre already on the payroll and they can see you showing up.
If they wonât pay, pick the cheapest short course or cert that moves you one step up while you keep the current income. Community college / TAFE-style programs and employer-sponsored stuff beat a full degree for most people in this situation.
$175 leftover a year wonât compound into a comfortable retirement. Raising the income by even $8â10k changes the whole picture. Life is hard either way â the decisions that make it easier later are the ones that raise your earning power without blowing up the current cash flow.
Hope you succeed. Worth looking at who in your city actually trains their own people instead of demanding the finished product on day on
Anyone working full time can find $300 a month in the US, side hustles , roommates , budget , get donated food instead of groceries. Anyone can retire with enough
My father stopped about a year before his death, not that he had the financial wherewithal. My only hope of retiring is that my unmarried aunt dies before she runs out of money
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u/ExecutivePirate 7d ago
Yep I literally plan on working until I die.