On Sun, 28 May 2017 11:54:42 -0700 (PDT),
dotsla...@gmail.com
wrote:
>> I do understand that not everyone is intelligent enough to plan for
>> the unexpected "rainy day" - which obviously includes your FIL.=20
>
>Why do you suspect that, Hugh?
Based on my watching countless individuals doing the same thing over
the past 65 years. I saw lots of people retire with IRAs of 6-7
digits. Way too many bought new luxury cars, new swank houses, went on
expensive cruises, invested in a business that failed. The law of
averages based on my experience is with me.
>You're wrong as usual,
No, I'm not wrong. I often allow for exceptions when I post, as in
this instance.
>but wondering why, i=
>n your mind, there's a connection between what happened to his business and=
> his personal level of "being frugal".
If you read carefully I made no flat out accusation.
>
>Seems like a stupid- if convenient - connection for you to make.
Only because you lack the qualifications to comprehend what I say
before you judge.
>Which is just you shifting the conversation further from the real point - u=
>nfettered GOP rule blew this economy up, in a bad way, while further enrich=
>ing the very wealthy. Obama inherited an economy where the middle class - =
>who have always concentrated their wealth in their homes and retirement fun=
>ds - were watching both implode.
Then it should have happened to me. My IRA almost doubled under Bush.
Because I am required to withdraw it went down under Obama so no real
relation.
>That you want to talk about anything but those concrete facts is understand=
>able.
Speaking of the rich, would you trade your life for Mia's? I'm sure
you would like his money but it's a package. Liberals never have the
mentality to see the whole picture because of jealousy and insecurity.
You respond better than some but have the same mental problems.
>> Wolfie, et al., considers my job middle class becasue theirs is low
>> class and anything better looks good. I live comfortably as I wish and
>> I expect to draw at least 3 times what I placed in my IRA. But we
>> lived consertavily and did without some things (nothing we really
>> needed) in order to live in comparative ease after retirement. Anyone
>> could do the same. I understand and I'm very thankful to God for the
>> way he has blessed us - He gets the credit.
>>=20
>
>I think they consider your job middle class because you present as a middle=
> class dude. Also because a lot of people assume "clerk" from back then to=
> basically be code for "male secretary".
Actually my wife's aunt said decades ago, "You were poor and now you
have a little money. It didn't change you a bit." I still regard that
as a REAL compliment. I was not her boss.
I started as a clerk but I retired in management. Unless challenged I
tend to understate. I probably chaired more than 30 organizations from
local to International - one for 17 years and another for 39. I was
not qualified, in my mind, to be promoted to 0-5 - but I made it when
selection was at the lowest rate in years - 33% - with NO AcDu as an
officer. That may be unique.
I did get one shock about 45 years ago. I took a group of Scouts to a
court to fulfill a merit badge requirement. I introduced myself to the
Chief of Police. He said, "I know who you are!"