| rick_h | anyone else get financial notifications from their retirement stuff? | 12:47 |
|---|---|---|
| rick_h | it's really sad, every day wake up to a "what happened yesterday..." email | 12:47 |
| rick_h | ugh | 12:47 |
| mrgoodcat | sad that you get the email or sad the contents of the email? | 13:09 |
| mrgoodcat | or sad that you look forward to it | 13:09 |
| rick_h | sad that it's necessary | 13:09 |
| mrgoodcat | fwiw no i do not get such emails | 13:09 |
| mrgoodcat | i get one every once in a while (monthly? quarterly?) that is a summary of recent performance | 13:10 |
| rick_h | yea, that's all I used to get | 13:10 |
| rick_h | but with recent turmoil over the last few months I keep getting "don't freak out, here's what happened yesterday" emails lol | 13:10 |
| mrgoodcat | ah | 13:13 |
| mrgoodcat | mine has actually been surprisingly stable | 13:13 |
| rick_h | "The markets saw a major dip as the S&P 500 closed on Wednesday with a loss of 2.9%. I wanted to take a moment and provide a brief summary of what happened." | 13:15 |
| jrwren | rick_h: what brokerage? principal? | 14:21 |
| rick_h | jrwren: morgan stanley | 14:24 |
| rick_h | jrwren: funny for years never a peep and then this year these "don't be scared" emails lol | 14:24 |
| jrwren | ha! too funny. I've definitely got them from others at other times, but not yet today about yesterday | 14:29 |
| rick_h | jrwren: yea, I guess I bring it up as I've had one nearly every day this week | 15:00 |
| rick_h | Mondays dip, Tues surge, Wed dip | 15:00 |
| rick_h | wonder what's in store today! | 15:00 |
| * jrwren rolls the dice | 15:01 | |
| rick_h | https://photos.app.goo.gl/eHPBTfYF7Y9s69LL7 | 15:02 |
| rick_h | one or two a month and then Aug hit | 15:02 |
| jrwren | OH WOW! | 15:03 |
| cmaloney | yeah, i'm not counting on retiring | 15:11 |
| jrwren | cmaloney: i thought you were already retired. | 15:11 |
| cmaloney | i'll just xash out, take the tax hit, and open a banana stand | 15:11 |
| cmaloney | no, freelance, not retired | 15:12 |
| cmaloney | jesus, how old do you think I am? | 15:12 |
| jrwren | 48 | 15:12 |
| jrwren | i thought you were leanfire :) | 15:12 |
| cmaloney | fuck you, thsts accurate | 15:12 |
| cmaloney | at least next month it is | 15:12 |
| cmaloney | :) | 15:13 |
| cmaloney | leanfire. hah | 15:13 |
| jrwren | you class of 1989 people are easy for me to remember. I love you all. | 15:13 |
| cmaloney | awww | 15:13 |
| mrgoodcat | cmaloney: there's money in the banana stand | 15:13 |
| cmaloney | always | 15:13 |
| jrwren | THERES ALWAYS MONEY IN THE BANANA STAND | 15:14 |
| cmaloney | no touchibg | 15:14 |
| jrwren | NO TOUCHING! | 15:15 |
| jrwren | man... i haven't watched that in a while. | 15:16 |
| rick_h | hah, my coworker and I think there's got to be something for us in the sheep herding business | 15:17 |
| rick_h | at least you get to hang out outside | 15:17 |
| rick_h | with some grass under your feet | 15:17 |
| jrwren | i'd switch to farming if it paid anywehre close and i could keep the same lifestyle, but it doesn't and I can't. | 15:18 |
| rick_h | hah, I'm willing to kill the lifestyle. I keep telling my wife that once my son goes off to college I'm taking the truck and RV and going mobile | 15:18 |
| rick_h | she can keep the house if she wants to :P | 15:18 |
| jrwren | while working or while retired? | 15:19 |
| rick_h | both? | 15:19 |
| jrwren | because yeah, i should definitely do that when the kid goes off to college while working. | 15:19 |
| rick_h | I mean I've got 10years before then | 15:19 |
| rick_h | and at this rate definitely not going to be retire worthy | 15:19 |
| jrwren | I've got 5, and same :) | 15:19 |
| rick_h | it's crazy, we're working to get my in-laws setup in assisted living care and such | 15:19 |
| rick_h | crazy their pensions cover their costs for the most part | 15:20 |
| rick_h | and for us it's all retirement income or bust | 15:20 |
| jrwren | wow, that is really nice. | 15:20 |
| jrwren | does medicare cover assisted living :) | 15:20 |
| rick_h | heh they make enough that they don't get all the great features | 15:20 |
| rick_h | so no idea | 15:20 |
| rick_h | it's good now, but her mom will need memory care very soon and such so it'll get more $$ for sure | 15:21 |
| rick_h | but crazy they don't work and have income that took me 6 years after college to get to | 15:21 |
| jrwren | nice to hear about some well-off boomers. Most of hte boomers I know are social security and nothing else | 15:22 |
| rick_h | yea, that's what the FIL gets, and the my MIL gets her pension. | 15:23 |
| rick_h | anyway, top of mind with getting them settled these days | 15:23 |
| rick_h | taking over on a lot of their accounts/etc to help them keep track and such | 15:23 |
| jrwren | wow, how old are they? | 15:23 |
| rick_h | I was curious if anyone else got scary retirement emails and such. Guess not | 15:23 |
| rick_h | 70s | 15:23 |
| rick_h | but her mom has dimensia (sp?) and her father isn't in great shape | 15:24 |
| jrwren | good health? you mentioned MIL memory care, so I assume no. how about FIL? | 15:24 |
| rick_h | so add a bonus 15 years or so | 15:24 |
| jrwren | ah, ok, so declining. | 15:24 |
| rick_h | mother is in good shape other than the memory issue, father in law is recovering from back surgery #5? and has has an ankle amputated with issues and such | 15:24 |
| rick_h | so he's always been "old" for his age | 15:24 |
| cmaloney | dementia is no fun. I'm sorry she's going through that | 15:40 |
| _stink_ | rick_h: my financial advisor has sent out a few emails in response to big market events... targeted mostly at close-to-retiring folks who may freak out | 16:10 |
| _stink_ | maybe 3 in the last couple of years? | 16:10 |
| _stink_ | i bet one more is coming | 16:10 |
| rick_h | _stink_: heh, yea definitely making the graphs looks interesting | 16:10 |
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