I keep getting threads on how to retire with w $500,000 portfolio.

Discussion in 'The Pub' started by GuitarGuy66, Apr 19, 2018.

  1. GuitarGuy66

    GuitarGuy66 Member

    Messages:
    7,510
    Joined:
    Aug 20, 2014
    How would they even know that???


    #siri
    #alexa
     
  2. MCSS1970

    MCSS1970 Silver Supporting Member

    Messages:
    5,657
    Joined:
    Jan 29, 2008
  3. lhallam

    lhallam Member

    Messages:
    16,461
    Joined:
    Mar 4, 2004
    Location:
    Lost
    Not enough.
     
    sundog964 likes this.
  4. Marshall_Stack

    Marshall_Stack Lordy Mama light my fuse Supporting Member

    Messages:
    3,218
    Joined:
    Jun 19, 2012
    Location:
    Remember Durango Larry?
    Live in a cardboard box.
     
  5. Madison

    Madison Supporting Member

    Messages:
    6,976
    Joined:
    Nov 9, 2004
    It's easy. As long as you're 70 +.
     
  6. MkIII Renegade

    MkIII Renegade Member

    Messages:
    4,512
    Joined:
    Aug 25, 2017
    Location:
    Goldeneye
    $500,000 is perfectly fine if you are currenly healthy, have little to no debt, no corrosive habits like gambling, and plan to drop dead immediately in 10 years.
     
  7. Bob Longo

    Bob Longo Gold Supporting Member

    Messages:
    5,798
    Joined:
    Mar 3, 2009
    Location:
    New Jersey, Puerto Rico, and a jet plane
    $500K would be fine if you don't plan on living too long into retirement, or not having that good a time.
     
  8. Heinz57Pep

    Heinz57Pep Member

    Messages:
    11,272
    Joined:
    Jun 19, 2013
    Do you check your portfolio balances online?
     
  9. Dr. Tweedbucket

    Dr. Tweedbucket Deluxe model available !!!11

    Messages:
    47,072
    Joined:
    Feb 22, 2007
    Location:
    Gamma Ray detection station on Mt. Kwakkleberry
    I think it depends on where you live and how much you like to spend :dunno
     
  10. direwolf

    direwolf Supporting Member

    Messages:
    4,146
    Joined:
    Sep 7, 2009
    Location:
    WNY
    2 words
    ramen noodles
     
    Sidney Vicious likes this.
  11. AZChilicat

    AZChilicat Member

    Messages:
    31,843
    Joined:
    Sep 4, 2013
    Location:
    Under The Microscope
    A 500k portfolio is a lot of dry walling.
     
    derekd and MCSS1970 like this.
  12. MustardCap

    MustardCap Member

    Messages:
    4,673
    Joined:
    Jun 13, 2007
    Location:
    Warshington
    You could comfortably retire on half a mil in a foreign country-ie- Panama. Need to research and make the jump. Many US citizens make the jump to a foreign country for retirement every year. Soon the well will dry.
     
  13. MCSS1970

    MCSS1970 Silver Supporting Member

    Messages:
    5,657
    Joined:
    Jan 29, 2008


     
    Traintrack and Sidney Vicious like this.
  14. VCuomo

    VCuomo Member

    Messages:
    16,329
    Joined:
    Nov 5, 2003
    Location:
    Southern California
    FIFY :)
     
    derekd, AZChilicat and Sidney Vicious like this.
  15. Sidney Vicious

    Sidney Vicious Member

    Messages:
    8,653
    Joined:
    Mar 11, 2008
    Location:
    NOLAUSA
    Sad but true I fear.
     
    derekd and VCuomo like this.
  16. spyeman

    spyeman Member

    Messages:
    3,616
    Joined:
    Feb 18, 2005
    I don't know the exact stat, but something like 80% of Americans will enter into retirement with less than $100k in savings. Scary.
     
    derekd likes this.
  17. dinocicerelli

    dinocicerelli Member

    Messages:
    2,839
    Joined:
    May 20, 2016
    Make hay while the sun shines
     
  18. AZChilicat

    AZChilicat Member

    Messages:
    31,843
    Joined:
    Sep 4, 2013
    Location:
    Under The Microscope
    I plan to have at least $58 dollars in my savings account by the time I'm 60.
     
    derekd and Sidney Vicious like this.
  19. Blue410

    Blue410 Silver Supporting Member

    Messages:
    3,888
    Joined:
    Sep 25, 2002
    Location:
    US someplace
    Ought to be easy. There's a global community in the first-person shooter community (computer gaming) that has lived on Hot Pockets for 2+ decades. Living in Mom's basement and maintaining a side job in commenting on women's bony knees is usually part of that lifestyle.
     
    derekd, AZChilicat and Sidney Vicious like this.
  20. VCuomo

    VCuomo Member

    Messages:
    16,329
    Joined:
    Nov 5, 2003
    Location:
    Southern California
    And $10M in your investment account from your drywalling proceeds? ;)
     
    semore butts, derekd and AZChilicat like this.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice