Random, Random 2.0

[dryrunguy]

Good grief. George Clooney is on the cover of this month's AARP Magazine.

[ti-amie]

Good grief. George Clooney is on the cover of this month's AARP Magazine.

Does that mean it's okay to be an old now?

[meganfernandez]

Good grief. George Clooney is on the cover of this month's AARP Magazine.

Yeah, AARP age begins at 50! I'm almost 50 and I'm just getting going. And who can afford to retire at 50? I'll be lucky to retire at 80, if anyone will even employ me at that point. Anyway, Clooney ought to be on the cover of Old Dad magazine.

The AARP magazine has one of the largest circulations in the world. Lots of exposure.

[ponchi101]

Good grief. George Clooney is on the cover of this month's AARP Magazine.

Yeah, AARP age begins at 50! I'm almost 50 and I'm just getting going. And who can afford to retire at 50? I'll be lucky to retire at 80, if anyone will even employ me at that point. Anyway, Clooney ought to be on the cover of Old Dad magazine.

The AARP magazine has one of the largest circulations in the world. Lots of exposure.

Retirement will become a luxury pretty soon. I have witnesses that I have been saying for years that the lucky ones will die at their desks. The unlucky ones will die destitute.

[Suliso]

Well, I don't know... I do still except to retire, around age 60 preferably.

[meganfernandez]

Well, I don't know... I do still except to retire, around age 60 preferably.

Is Switzerland socialist?

[ponchi101]

Well, I don't know... I do still except to retire, around age 60 preferably.

And I hope you will be able to, and in luxury.
But I am talking about people that do not live in an European country with an extremely high income, and a good social services network.
My plans, for example, to retire around 65 were completely wiped out by the drop in oil prices in 2014 and the drop in jobs. I would say that at least 5 friends in the industry are also unable to retire. My sister the shrink in Caracas will never be able to retire (fortunately she will be able to remain in practice for a long time).
This will lead to terrible issues: older people (me) will not be able to retire, not opening possible positions for the younger ones coming out of college. Automation will wipe out many of our jobs. And even though some places will have social security, one has to wonder what kind of life you will be able to lead on a pension. Seeing as by now it is agreed that $1MM for retirement is NOT enough, the picture is far from rosy.

[JazzNU]

Does that mean it's okay to be an old now?

Well yes. But old like George? It's okay about as much as using a Flowbee will make you look like George does...


In related news, Viola Davis did an AARP cover recently. I'm younger than her and have no hope of looking that good right now, let alone when I'm "old."

[Suliso]

I'm particularly privileged to be fair. Not only above average income in an already rich country, but also I have no need to remain here after retirement. My pension and savings will last much longer elsewhere, a million I don't need. At current prices one could lead a quiet and comfortable life in Riga for ca 15k per year as long as you own your own place (I already do).

[ponchi101]

I'm particularly privileged to be fair. Not only above average income in an already rich country, but also I have no need to remain here after retirement. My pension and savings will last much longer elsewhere, a million I don't need. At current prices one could lead a quiet and comfortable life in Riga for ca 15k per year as long as you own your own place (I already do).

And how and where can I apply for Latvian residency? Because there is no way I can live my lifestyle here in Bogota for less than $1,500/month, if I want to keep such lifestyle. And the GOV will still nail me for taxes, so that $1,500/month is fictional to me.
You and I can move. A lot of people can't. The American dream of retiring to Acapulco or the Mayan Riviera simply are pipe dreams sold on TV.

[Suliso]

I'm particularly privileged to be fair. Not only above average income in an already rich country, but also I have no need to remain here after retirement. My pension and savings will last much longer elsewhere, a million I don't need. At current prices one could lead a quiet and comfortable life in Riga for ca 15k per year as long as you own your own place (I already do).

And how and where can I apply for Latvian residency? Because there is no way I can live my lifestyle here in Bogota for less than $1,500/month, if I want to keep such lifestyle. And the GOV will still nail me for taxes, so that $1,500/month is fictional to me.
You and I can move. A lot of people can't. The American dream of retiring to Acapulco or the Mayan Riviera simply are pipe dreams sold on TV.

Bogota must be very expensive then... As for lifestyle 15k per year (after any taxes by the way!) will not allow constantly flying around the world, new car etc. Will allow all the normal things. Two bedroom apartment in Riga will cost you about 300 $/month in maintenance costs (property taxes, heating, electricity, water, internet).

[dryrunguy]

Good grief. George Clooney is on the cover of this month's AARP Magazine.

Does that mean it's okay to be an old now?

It's just wrong. I mean, I remember early in his career when he was in an episode of The Golden Girls, so I can do the math. But people like him aren't supposed to get old.

Some months back, they had Bruce Springstein on the cover. I died a little that time, too.

[meganfernandez]

Good grief. George Clooney is on the cover of this month's AARP Magazine.

Does that mean it's okay to be an old now?

It's just wrong. I mean, I remember early in his career when he was in an episode of The Golden Girls, so I can do the math. But people like him aren't supposed to get old.

Some months back, they had Bruce Springstein on the cover. I died a little that time, too.

Clooney was also on the Facts of Life. Jo's boyfriend.

[meganfernandez]

here's 51

[ponchi101]

...

Bogota must be very expensive then... As for lifestyle 15k per year (after any taxes by the way!) will not allow constantly flying around the world, new car etc. Will allow all the normal things. Two bedroom apartment in Riga will cost you about 300 $/month in maintenance costs (property taxes, heating, electricity, water, internet).

Serious, curious question. With 15K a year, can you play tennis twice a week in Riga?
I know probably I can ski in the street outside my $300/month flat, but the tennis is a must.