wiegie Posted January 7, 2006 Share Posted January 7, 2006 oh snap DMD is in here. 1251775[/snapback] you're just lucky that you didn't say anything about Swedish women Quote Link to comment Share on other sites More sharing options...
The Holy Roller Posted January 7, 2006 Share Posted January 7, 2006 Considering that I like my job and probably already live more comfortably than 99.99% of all other human beings who have ever existed, I'd say my number is $0. 1250922[/snapback] Mine too! But other than the fact I own 168 acres of farmland and a 150K paid for home in town on an acre, I don't think about what if (yet). I'm just so darned thankful I am ALIVE NOW and not during the Depression or the Middle Ages or got myself born into some god-forsaken place like the Sudan or MIssissippi, lol. Quote Link to comment Share on other sites More sharing options...
TDFFFreak Posted January 8, 2006 Author Share Posted January 8, 2006 Mine too! But other than the fact I own 168 acres of farmland and a 150K paid for home in town on an acre, I don't think about what if (yet). I'm just so darned thankful I am ALIVE NOW and not during the Depression or the Middle Ages or got myself born into some god-forsaken place like the Sudan or MIssissippi, lol. 1251873[/snapback] Fair enough Quote Link to comment Share on other sites More sharing options...
Meat Face Posted January 8, 2006 Share Posted January 8, 2006 I live in in just about the most expensive part of the country. Just down the street from me probably is the richest part of the country. I'll need 5-10 mil just for a nice house. And about 100 mil on top of that to start my alternative energy foundation and scholarship funds. Quote Link to comment Share on other sites More sharing options...
TDFFFreak Posted January 8, 2006 Author Share Posted January 8, 2006 I live in in just about the most expensive part of the country. Just down the street from me probably is the richest part of the country. I'll need 5-10 mil just for a nice house. And about 100 mil on top of that to start my alternative energy foundation and scholarship funds. 1254253[/snapback] You in San Fran or LA? Quote Link to comment Share on other sites More sharing options...
Big John Posted January 8, 2006 Share Posted January 8, 2006 You in San Fran or LA? 1254257[/snapback] Orange County Quote Link to comment Share on other sites More sharing options...
Grits and Shins Posted January 9, 2006 Share Posted January 9, 2006 The amount of money that would allow me to pay off existing debts, and allow me to draw around $200,000 per year off a year in interest without the loss of principal. Quote Link to comment Share on other sites More sharing options...
rocknrobn26 Posted January 9, 2006 Share Posted January 9, 2006 What is this pension you speak of?The majority of folks under a certain age probably have no idea what an old fashioned pension is. Most of us have to actually contribute in order to have money to spend later in life Edit: 's live on a shoe string budget so retirement planning is not important to them. 1251075[/snapback] Yeah, I guess pensions are rare. I had to contribute 9% of my salary a yar and my employer had to match it. It wasn't a freebee. Quote Link to comment Share on other sites More sharing options...
KevinL Posted January 9, 2006 Share Posted January 9, 2006 Yeah, I guess pensions are rare. I had to contribute 9% of my salary a yar and my employer had to match it. It wasn't a freebee. 1256258[/snapback] My job at Sherwin-Williams includes a pension plan, and I just started 2 1/2 years ago. It's run more like a 401k, it's managed by Fidelity and I can actually log into the Fidelity site and manage both my 401k fund and my pension fund. For the 401k, SW matches 100% of my contribution up to 6% of my salary. For the pension, SW contributes 6% and I contribute nothing. Quote Link to comment Share on other sites More sharing options...
TDFFFreak Posted January 9, 2006 Author Share Posted January 9, 2006 The amount of money that would allow me to pay off existing debts, and allow me to draw around $200,000 per year off a year in interest without the loss of principal. 1256248[/snapback] Assuming your debts aren't too high, I think about 5 mil would do it for you. Quote Link to comment Share on other sites More sharing options...
Big John Posted January 9, 2006 Share Posted January 9, 2006 Assuming your debts aren't too high, I think about 5 mil would do it for you. 1256360[/snapback] His debts are getting high. Quote Link to comment Share on other sites More sharing options...
TDFFFreak Posted January 9, 2006 Author Share Posted January 9, 2006 His debts are getting high. 1256368[/snapback] Are you his accountant? Quote Link to comment Share on other sites More sharing options...
muck Posted January 9, 2006 Share Posted January 9, 2006 Yeah, I guess pensions are rare. I had to contribute 9% of my salary a yar and my employer had to match it. It wasn't a freebee. 1256258[/snapback] A guaranteed 100% return on the first years' money is not a freebee? Quote Link to comment Share on other sites More sharing options...
muck Posted January 9, 2006 Share Posted January 9, 2006 My job at Sherwin-Williams includes a pension plan, and I just started 2 1/2 years ago. It's run more like a 401k, it's managed by Fidelity and I can actually log into the Fidelity site and manage both my 401k fund and my pension fund. For the 401k, SW matches 100% of my contribution up to 6% of my salary. For the pension, SW contributes 6% and I contribute nothing. 1256285[/snapback] Wow. 12% of your total compensation goes into tax-advantaged accounts at no cost to you. That, sir, is a VERY nice benefit. Quote Link to comment Share on other sites More sharing options...
ebartender Posted January 9, 2006 Share Posted January 9, 2006 I think 6-7 million after taxes would do. That would allow me to pay off all my debt, take care of the family/in-laws, and live nice for the rest of my life. But I could live nice of about $500K-$1M. That would pay off my debt with a little extra to upgrade the house. Yeah I would have to work, but I could do whatever just for some extra cash and benefits. Quote Link to comment Share on other sites More sharing options...
TDFFFreak Posted January 9, 2006 Author Share Posted January 9, 2006 Wow. 12% of your total compensation goes into tax-advantaged accounts at no cost to you. That, sir, is a VERY nice benefit. 1256598[/snapback] and rare I would imagine in today's workplace... Quote Link to comment Share on other sites More sharing options...
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