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Author: BeanieMike One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 749144  
Subject: Re: Retire Today - Paul Farrell Column Date: 9/1/2001 7:30 PM
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What a total bunch of crap! I had to fight the urge to waste more time addressing all his idiotic points, and managed to limit it to a few:

The next day, I retired. I was free, even though I stayed three months to wrap things up [how admirable - stayed on 3 months at no pay?] . . .
Lesson No. 2: Plan to retire, and retire, and retire, and ...
$30,000 was all I had the second time I retired. But it was enough. Besides, retiring's not a death sentence, it's a "new-life" sentence! You can always come out of retirement. That's your safety net.


Sounds like what I call “quitting your job.” Safety net? How many retirees are able to make a comeback in the job market? Can you spell “age discrimination?”

Lesson No. 5: Leap ... and the net will appear

Unfortunately, it may only be 6" of the ground!

Lesson No. 7: PMA -- and a smile. . .
Lesson No. 8: Trust yourself -- the universe trusts you


Pardon me while I gag.

Each must enter "the forest at a point that he himself had chosen where it is darkest and there is no path," Campbell says. "If there is a path, it is someone else's path and you are not on the adventure."

But that path might keep me from getting my ass chewed off by a bear!


I'm certainly all in favor of a PMA and I get [and need] inspiration from a number of sources, but this is the most inane thing I've read in a while. There's absolutely no concrete information on how to pull off any kind of decent retirement, and, in fact, invites disaster.

. . .the Employee Benefit Research Institute says 80 percent of retirees actually live on less than $22,000 a year.

Yeah, I think my brother-in-law is one of those. He lives in a . . . , well, let's just says it's a quiet little remote area of Missouri. Whenever I go there or think about it, I picture Bert, Jon, Ned and [forgot the other guy] coming down the river in a boat. No thanks!

As for Paul Farrell, I'm sorry I broke my uninterrupted string of never having read anything of his. Now I have to start all over again.
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