well, that hurt.

[Revolver]

watch every episode of sex and the city on dvd from start to finish and that will unlock the mysteries of women.

[galaxie]

Originally Posted by wigglesworth

yah, that time is called your 20's, lol.

maybe your early 20s
I really don't think that if you ever want to settle down and have a family your late-20s is the time to be outrageous and manwhore-ing it up. Just think, if you're 27 and you're playing games, you'll probably be 30 before you realize what an idiot you're being, another few years to find the right girl, date her for at least 2-4 years before getting married, wait a year or two before having kids, and BAM you're 40 with a newborn.

[Erin]

Originally Posted by wigglesworth

yah, that time is called your 20's, lol.

That will only work if you don't want kids. Please refer to ^ the above comment. :)

[robyn]

dudes are fertile forever and i'm having my eggs frozen and outsourcing my pregnancy. ta-da!

[ppcock]

nice.. but no fun sex?

[Bevvy Swift]

Originally Posted by galaxie

BAM you're 40 with a newborn.

hey you got a problem with old parents?

in all seriousness though, old parents make good parents, because theyve lived out thier desire to spread the seed and go out etc etc, and they have had more time to reflect on how they would want to raise a child.. many young parents (even ones over 25) are so preoccupied with the functional aspects of parenting they forget about the developing mind that they have in their hands...

sobasically marty dont worry you got lots of time.

[wigglesworth]

Originally Posted by galaxie

maybe your early 20s
I really don't think that if you ever want to settle down and have a family your late-20s is the time to be outrageous and manwhore-ing it up. Just think, if you're 27 and you're playing games, you'll probably be 30 before you realize what an idiot you're being, another few years to find the right girl, date her for at least 2-4 years before getting married, wait a year or two before having kids, and BAM you're 40 with a newborn.

well im going to be rich and retired living in a tropical place by the time im 40 so it seems like a perfect time to have kids. having kids early is for schmucks for real.

[galaxie]

Originally Posted by Bevvy Swift

hey you got a problem with old parents?

in all seriousness though, old parents make good parents, because theyve lived out thier desire to spread the seed and go out etc etc, and they have had more time to reflect on how they would want to raise a child.. many young parents (even ones over 25) are so preoccupied with the functional aspects of parenting they forget about the developing mind that they have in their hands...

sobasically marty dont worry you got lots of time.

IMO more people rush to get married in their 30s because they're all "oh shit I'm running out of time" and settle for someone they may not have otherwise married. I think those in their 20s take more time to make that serious decision because they actually have the time.

[galaxie]

Originally Posted by wigglesworth

well im going to be rich and retired living in a tropical place by the time im 40 so it seems like a perfect time to have kids. having kids early is for schmucks for real.

and back here in the "real world"...

seriously, good luck with that, but the reality is that probably won't happen

[wigglesworth]

Originally Posted by galaxie

and back here in the "real world"...

seriously, good luck with that, but the reality is that probably won't happen

lol, i made over 1/4 million dollars last year. how much did you make?

[wigglesworth]

oh yah you work at a clothing store, go 10 bux an hr lol.

if i made your annual salary in 3 months i'd probably kill myself.

[galaxie]

Listen, I'm not trying to knock you or anything, but there are plenty of people who make more money that than in a year who aren't able to retire at 40. The reality is that life is extremely expensive, and 250k a year doesn't go as far as you seem to think it will, especially with a family.

Good for you for making that much money, but is it doing things that are sustainable? Is it realistic that you'll be able to continue to make that kind of money each year until you're 40?

And just for the record, you've made a ridiculously rude, arrogant statement about someone else's occupation. Managing a retail store has been a way for me to gain business exposure and afford to put myself through school. We don't make $10 an hour, not even close. In fact, I make more money per year than 70% of college graduates do during their first 4 years out of college. Life is not all about making money, it's about doing what you love, surrounding yourself with great people, and happiness. I'm sorry for you if you think that exorbitant amounts of money = happiness.

[wigglesworth]

lol, this is fun nat.

to retire, you need to figure out your yearly expenses. whatever that figure is needs to be 4% of your total savings.

lets say thats $50k. you would need $2 mill in the bank to have a less then 1% chance of going broke by the time you die. 2 million wont be that hard to come by for me within the next 16 years trust me, especially seeing how i already said im not planning on having kids until im older.

what i said was rude, but you started it for no reason whatsoever. dont play with fire...

when did i say that making lots of money makes me happy? its the freedom that that money buys to allow me to do whatever i want everyday and be my own boss that makes me happy.

btw i do do what i love for a living, and have great ppl around me. i am very fortunate.

[galaxie]

^ I started nothing. I simply meant that for the majority of people, your "plan" is totally unrealistic, and it may even be unrealistic for you. Just that you shouldn't count your chickens before they hatch.

Your expenses will increase significantly once you have a family. That's a factor you have to consider. You also have to consider inflating prices on just about everything and the fact that something that's $10 now could easily be $20 by the time your kids are teenagers.

The average child costs $225,000 to raise to age 22 right now. That number is only going up. If you have 2 million dollars and no income coming in for 40+ years I don't see your plan being as effective as you think it is.

There are a ton of baby boomers who retired early thinking they were all set who are now in their 70s and are having to go back to work part-time because their retirement savings are not enough.

[galaxie]

Originally Posted by galaxie

Good for you for making that much money, but is it doing things that are sustainable? Is it realistic that you'll be able to continue to make that kind of money each year until you're 40?

BTW, you never answered this.

[fritz]

hey nerds stop fighting in marty's thread, start solving his problems!

ps: compound 5% on 2mil is 100k a year, in theory you could raise 10 kids with zero income
personally i would start a small nike factory to offset the costs

[wigglesworth]

Originally Posted by galaxie

^ I started nothing. I simply meant that for the majority of people, your "plan" is totally unrealistic, and it may even be unrealistic for you. Just that you shouldn't count your chickens before they hatch.

meh, seemed like a personal attack.

Originally Posted by galaxie

Your expenses will increase significantly once you have a family. That's a factor you have to consider. You also have to consider inflating prices on just about everything and the fact that something that's $10 now could easily be $20 by the time your kids are teenagers..

i understand inflation. lol, you act like i just thought of all of this today.

Originally Posted by galaxie

The average child costs $225,000 to raise to age 22 right now. That number is only going up. If you have 2 million dollars and no income coming in for 40+ years I don't see your plan being as effective as you think it is.

its called living off of your interest and investments. 2 million properly invested should be giving you returns of 100k + a year. you dont need an income.

[wigglesworth]

Originally Posted by galaxie

BTW, you never answered this.

if i only make 250k a year until im 40 i will have failed my goals. there's an old cliche that goes "dont work for your money, make your money work for you."

this is very true. i hope my income climbs exponentially over the next few years.

[Revolver]

marty you got lots of time......27-35 is PRIME fuck around time for guys.

its women that get all wacky cause their clocks are on the serious countdown.

the older you get marty the more women will flock to you LOL..

[galaxie]

Well, Aaron, I really hope your plan actually does work out for you. Just make sure you're prepared to accept the fact that things don't always work out as planned, and that you may need to have a plan B.

According to the Brookings Institution (US research and policy institute), 1 in 3 Americans believe they'll become a millionaire, however, less than 1% of Americans are actually millionaires.

[wigglesworth]

Originally Posted by galaxie

Well, Aaron, I really hope your plan actually does work out for you. Just make sure you're prepared to accept the fact that things don't always work out as planned, and that you may need to have a plan B.

According to the Brookings Institution (US research and policy institute), 1 in 3 Americans believe they'll become a millionaire, however, less than 1% of Americans are actually millionaires.

ty nat.
that is a very interesting statistic nat. i guess i just have a lot of self confidence that i will be able to attain my financial goals.

[galaxie]

Self confidence is good, just don't get so over-confident that you forget that it could all go to shit, y'know? IMO having a Plan B is important no matter who you are or where you are in life. Look at all the successful people who are now worth nothing. They are perfect examples of why it's important to make sure that your income and lifestyle are sustainable.

[wigglesworth]

Originally Posted by galaxie

Self confidence is good, just don't get so over-confident that you forget that it could all go to shit, y'know? IMO having a Plan B is important no matter who you are or where you are in life. Look at all the successful people who are now worth nothing. They are perfect examples of why it's important to make sure that your income and lifestyle are sustainable.

yes very true.

[ppcock]

well, i've learned enough.

im going to sell columbian snow on the black market.

(and by blackmarket, i mean craigslist)

[wishbone]

Originally Posted by robyn

dudes are fertile forever and i'm having my eggs frozen and outsourcing my pregnancy. ta-da!

asian cross breed!