General Advice You'd Give Someone Younger

[steve dave]

Dave Ramsey didn't retire at 50, fwiw.

dave ramsey has made millions on rubes. he will continue to as long as there are rubes.

RIP Jeffy

[420seriouscat69]

I for one am happy I spent $ I didn't have at the time on spring break trips to padre and panama when I was in college. Those trips are paid for now and I'm pretty sure those trips would suck balls at 50.

[Rage Against the McKee]

Dave Ramsey didn't retire at 50, fwiw.

dave ramsey has made millions on rubes. he will continue to as long as there are rubes.

RIP Jeffy

Yes, he sells them on a dream of retiring at 50, which is obviously a dream he doesn't even share. He's made millions, and he could retire today if he wanted to. He doesn't want to, though. I honestly don't know any successful 50 year old who is just dying to retire. They are all making lots of money and enjoy going to work.

[steve dave]

I for one am happy I spent $ I didn't have at the time on spring break trips to padre and panama when I was in college. Those trips are paid for now and I'm pretty sure those trips would suck balls at 50.

nobody does crap at 50+ that they would do now, there are windows in your life where doing things are max rewarding and passing them by to be "frugal" is a one time choice that can never be taken back. you can't be a dumbass about it though. sometimes passing them by is the best option, sometimes it's not. but, nobody has ever been on their death bed and said "I wish I had travelled less".

[CNS]

I don't understand retiring.  Sounds boring as crap

[Rage Against the McKee]

I don't understand retiring.  Sounds boring as crap

There will come a time when you are simply too old to keep up with your younger coworkers, and you should retire to gracefully leave without eventually embarrassing yourself. 50 seems way to young for that, though.

[mocat]

I don't understand retiring.  Sounds boring as crap

Well you probably don't work down at the old steel mill just milling steel or down at the old Ford plant attaching hoods to F-150s or down at the old cement plant just planting cement

[ben ji]

I don't understand retiring.  Sounds boring as crap

Yeah, who would want to spend all day fishing with their awesome dog or golfing or traveling or just generally doing whatever they want when they want.

[420seriouscat69]

I for one am happy I spent $ I didn't have at the time on spring break trips to padre and panama when I was in college. Those trips are paid for now and I'm pretty sure those trips would suck balls at 50.

nobody does crap at 50+ that they would do now, there are windows in your life where doing things are max rewarding and passing them by to be "frugal" is a one time choice that can never be taken back. you can't be a dumbass about it though. sometimes passing them by is the best option, sometimes it's not. but, nobody has ever been on their death bed and said "I wish I had travelled less".

Well said.

[lopakman]

or pay for it now and die

Always a possibility. 

[8manpick]

I for one am happy I spent $ I didn't have at the time on spring break trips to padre and panama when I was in college. Those trips are paid for now and I'm pretty sure those trips would suck balls at 50.

This x100. Take as many trips as you can when you are young. Maximize your fun in college.

[8manpick]

Go to road games as often as possible

[michigancat]

I for one am happy I spent $ I didn't have at the time on spring break trips to padre and panama when I was in college. Those trips are paid for now and I'm pretty sure those trips would suck balls at 50.

This x100. Take as many trips as you can when you are young. Maximize your fun in college.

plus student loans are great ways to finance spring break trips.

[8manpick]

I for one am happy I spent $ I didn't have at the time on spring break trips to padre and panama when I was in college. Those trips are paid for now and I'm pretty sure those trips would suck balls at 50.

This x100. Take as many trips as you can when you are young. Maximize your fun in college.

plus student loans are great ways to finance spring break trips.

Very true. Did you know that you can update how much of the offered loans you accept in the middle of the semester? You can do it online, even at night after several beers, and money will show up in your bank account a few days later. Canadian friend did this once.

[Cartierfor3]

Don't hold grudges. Practice forgiving people.

I can't believe how many people I meet who don't speak to their mother, father, sister, brother, etc. We all have flaws, and even if the other person is in the wrong, approach them and seek peace. When you hold onto a grudge, you punish only yourself.

Forgiving people is freeing. Try it.


Also, have time every week where you do nothing but sit outdoors with your thoughts. Even if only for a few minutes.

[CNS]

I don't understand retiring.  Sounds boring as crap

Yeah, who would want to spend all day fishing with their awesome dog or golfing or traveling or just generally doing whatever they want when they want.

This sounds pretty fantastic in theory.  However, doing it every day for like 3 months?  Rather than retire, I plan to go part time in the biz until I die or can't function well.  Even if that means I retire from where I work full time, I will start something up for cash on my own or something.   I can't imagine not being productive at least every few days or so.  Would be horrible.

[Skipper44]

I don't understand retiring.  Sounds boring as crap

Yeah, who would want to spend all day fishing with their awesome dog or golfing or traveling or just generally doing whatever they want when they want.

This sounds pretty fantastic in theory.  However, doing it every day for like 3 months?  Rather than retire, I plan to go part time in the biz until I die or can't function well.  Even if that means I retire from where I work full time, I will start something up for cash on my own or something.   I can't imagine not being productive at least every few days or so.  Would be horrible.

From what I have seen, the dudes that can afford to retire at 50 (or even early 60's) end up with some pretty major alcohol problems 

[420seriouscat69]

I don't understand retiring.  Sounds boring as crap

Yeah, who would want to spend all day fishing with their awesome dog or golfing or traveling or just generally doing whatever they want when they want.

This sounds pretty fantastic in theory.  However, doing it every day for like 3 months?  Rather than retire, I plan to go part time in the biz until I die or can't function well.  Even if that means I retire from where I work full time, I will start something up for cash on my own or something.   I can't imagine not being productive at least every few days or so.  Would be horrible.

From what I have seen, the dudes that can afford to retire at 50 (or even early 60's) end up with some pretty major alcohol problems 

Good for them. They've earned it.

[Willesgirl]

Marry the right person.

[EllRobersonisInnocent]

Don't get married

[EMAWmeister]

Watch the stress and get good sleep.  A relatively healthy young person can end up in a cardiology unit pretty quickly if they mix stress, lack of sleep, and a lot of caffeine together at the same time for several weeks in a row.

(Speaking from experience.)

You just described the last 3 years of my life and I'm perfectly healthy.

[420seriouscat69]

Watch the stress and get good sleep.  A relatively healthy young person can end up in a cardiology unit pretty quickly if they mix stress, lack of sleep, and a lot of caffeine together at the same time for several weeks in a row.

(Speaking from experience.)

You just described the last 3 years of my life and I'm perfectly healthy.

You're young. That will change with age.

[Rams]

I guess I understand what some of you are saying re: find a job that you can "tolerate" and you don't need to find one that you love.  but if you have to work 8 hours a day, that's a shitload of your life that you spend just "tolerating" something.  that doesn't seem like a very good way to go through life.    I just can't imagine having to get up most days and spending virtually the entire day doing something that I don't love.

[420seriouscat69]

Marry the right person.

Seeing how there's a 50% historic chance of ppl being wrong on this, there's no way to judge how to do this.

[CNS]

The "do what you love" thing is hard.  I mean, there is a bunch of stuff that I love doing that I would absolutely hate doing if I had to do it for other ppl or if I had to do alongside some douchebag as a coworker that was put on my team with zero input from me.  I mean, other ppl(customers, coworkers, vendors, etc) can really eff good things up.