[12:47] <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
[13:09] <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
[13:10] <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
[13:13] <mrgoodcat> ah
[13:13] <mrgoodcat> mine has actually been surprisingly stable
[13:15] <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."
[14:21] <jrwren> rick_h: what brokerage? principal?
[14:24] <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
[14:29] <jrwren> ha! too funny. I've definitely got them from others at other times, but not yet today about yesterday
[15:00] <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!
[15:01]  * jrwren rolls the dice
[15:02] <rick_h> https://photos.app.goo.gl/eHPBTfYF7Y9s69LL7
[15:02] <rick_h> one or two a month and then Aug hit
[15:03] <jrwren> OH WOW!
[15:11] <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
[15:12] <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
[15:13] <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
[15:14] <jrwren> THERES ALWAYS MONEY IN THE BANANA STAND
[15:14] <cmaloney> no touchibg
[15:15] <jrwren> NO TOUCHING!
[15:16] <jrwren> man... i haven't watched that in a while.
[15:17] <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
[15:18] <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
[15:19] <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
[15:20] <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
[15:21] <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
[15:22] <jrwren> nice to hear about some well-off boomers. Most of hte boomers I know are social security and nothing else
[15:23] <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
[15:24] <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
[15:40] <cmaloney> dementia is no fun. I'm sorry she's going through that
[16:10] <_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