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Old 10-06-2015, 12:33 AM
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Question Nurses in Retirement

A recent comment brought this question to mind.

If you had had 5 more years to prepare for your retirement what would you have done differently?
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Old 10-06-2015, 06:55 AM
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Put away more money and bought a home in Florida when prices were rock bottom.
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Old 10-06-2015, 09:13 AM
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I am at that point right now. I just turned 60. I would have put more in my 401K. I always put in 5% because I wanted my check to be as decent as possible. Now I wish I would have contributed 10%.
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Old 10-06-2015, 01:48 PM
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More importantly than that, I think people should cultivate the ability to adapt to as much as possible. All the preparation in the world cannot immunize us against Life's burning desire to pull the rug out from us just when we feel safe with what we've done in our own defense of such things.

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Old 10-06-2015, 02:02 PM
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Be good to your kids...they will choose your future when the time comes when you can't.
And save all you can.
And learn to be happy c what you have, not want more things to be happy.
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Old 10-07-2015, 07:13 AM
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Quote:
Originally Posted by Poliopioneer View Post
More importantly than that, I think people should cultivate the ability to adapt to as much as possible. All the preparation in the world cannot immunize us against Life's burning desire to pull the rug out from us just when we feel safe with what we've done in our own defense of such things.

That is so true, I felt that way after my cancer diagnosis. Life changing.
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Old 10-07-2015, 07:18 AM
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Quote:
Originally Posted by Mr_Nurse View Post
A recent comment brought this question to mind.

If you had had 5 more years to prepare for your retirement what would you have done differently?
For Healthcare, they do nothing to prepare you for retirement, my husband's company last year hosted a two day seminar for retirement eligible employees and their spouses. Very enlightening. I had been putting in 22% towards my retirement, I do not have two college age kids any more. I am depressed since most of it ( this year's) was lost due to the stock market.

In answer to your question, I do not know what I would do differently, perhaps get employment at the state or VA where I would have a retirement plan like my husband.
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Old 10-07-2015, 08:58 AM
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I look back on some crap I wasted money on and shudder. I should have more money saved. I do have a paid off house and 2 paid off income producing rentals, so I am fairly set.
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Old 10-07-2015, 09:12 AM
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I never had money to be able to save unless you count my tactic of spending cash on groceries and stashing the change, which can actually be quite effective if you're stingy enough. I might piss and moan about not having enough when I need it, but a simpler life can be very liberating.
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Old 10-07-2015, 09:39 AM
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Pick up more overtime or get a second prn job. Contribute another 3-5 % to my 401K.
We just moved to a smaller home, cut down our cable bill and got rid of phone/landline bill. The money we save doing this is all going to our retirement fund.

But like Polio said, the best laid plans can all go to pot with life's sometimes cruel twists of fate. And I totally agree that a simpler life does indeed have it's perks.
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