Retiring "soon" is relative. You can accomplish a lot with a 6 month contract. (I wish I had one).
This guy's on the Gulf Coast, and there's lots of 60+ down here, but 95% of them come down to never work again. At least that's their plan. If their savings or pension gets hit, they'll be looking for work again. Example, clif high calls it "bloody May", when everything goes down 80%. I don't know if it'll be May, but maybe some boomers within 100mi of me will reappear for work later this year.
You're right, I shouldn't have said 'everything'. Just the purchasing power of the dollar. It's clif's prediction, and it's here (podcast).
I only brought it up, that if 10% of this prediction happens, some of those boomers that lose some purchasing power in their T-bonds might come work for my insurance buddy.
Oh, thanks for explaining. And yeah, they probably would be, poor things. It must suck to work your whole life, put a little aside for retirement, then have to come out of retirement and back to work because of the decisions being made by some idiots in D.C.
Retiring "soon" is relative. You can accomplish a lot with a 6 month contract. (I wish I had one). This guy's on the Gulf Coast, and there's lots of 60+ down here, but 95% of them come down to never work again. At least that's their plan. If their savings or pension gets hit, they'll be looking for work again. Example, clif high calls it "bloody May", when everything goes down 80%. I don't know if it'll be May, but maybe some boomers within 100mi of me will reappear for work later this year.
What do you mean, everything goes down 80% in May? Is this some sort of prediction that everything will lose 80% of it's current value?
You're right, I shouldn't have said 'everything'. Just the purchasing power of the dollar. It's clif's prediction, and it's here (podcast).
I only brought it up, that if 10% of this prediction happens, some of those boomers that lose some purchasing power in their T-bonds might come work for my insurance buddy.
Oh, thanks for explaining. And yeah, they probably would be, poor things. It must suck to work your whole life, put a little aside for retirement, then have to come out of retirement and back to work because of the decisions being made by some idiots in D.C.