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Thread: Set Aside 10% Of Your Work For Retirement, Not 10% Of Your Income

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  1. #1

    Default Set Aside 10% Of Your Work For Retirement, Not 10% Of Your Income

    http://earlyretirementblog.com/set-a...f-your-income/

    It's late, but I'm kinda digging this idea.

    As long as it's a fun 10% because, well, when you're old you won't be able to have fun in the same way.
    "One day, we shall die. All the other days, we shall live."

  2. #2
    "f your income"
    I could have had class. I could have been a contender.
    I could have been somebody. Instead of a bum
    Which is what I am

    I aim at the stars
    But sometimes I hit London

  3. #3
    Minxie poo.... this was a complete waste of reading.

    Let's all be lazy, under the guise of saving for retirement!!!

    Woohoo

    Quote Originally Posted by Aimless View Post
    It's not okay to shoot an innocent bank clerk but shooting a felon to death is commendable and do you should receive a reward rather than a punishment

  4. #4
    Quote Originally Posted by ImAnOgre View Post
    Minxie poo.... this was a complete waste of reading.

    Let's all be lazy, under the guise of saving for retirement!!!

    Woohoo

    #1. Did you just call him Minxie-poo? Is that a skat thing or are you taking an interest?

    #2. Thanks for the warning. I almost went to that link to read. Minx used to be pretty smart, but now he's aimless.
    The Rules
    Copper- behave toward others to elicit treatment you would like (the manipulative rule)
    Gold- treat others how you would like them to treat you (the self regard rule)
    Platinum - treat others the way they would like to be treated (the PC rule)

  5. #5
    Yes, because, after all...



    Enjoy life.
    We're stuck in a bloody snowglobe.

  6. #6
    Can I make a polite request for people to not post threads with titles that look like spam mail?
    The light that once I thought compassion still casting shadows in your action
    The words you shared were cold transactions that bring me to curse what you've done
    When you're up there absorbed in greatness with such success you've grown complacent
    I hope you scorch your many faces when you fly too close to the sun

  7. #7
    Quote Originally Posted by Steely Glint View Post
    Can I make a polite request for people to not post threads with titles that look like spam mail?
    Two questions:

    1) Why are you asking permission to make a post?
    Faith is Hope (see Loki's sig for details)
    If hindsight is 20-20, why is it so often ignored?

  8. #8
    Quote Originally Posted by Steely Glint View Post
    Can I make a polite request for people to not post threads with titles that look like spam mail?
    Yes, you may. Will the request be in this thread or a thread all its own?
    The Rules
    Copper- behave toward others to elicit treatment you would like (the manipulative rule)
    Gold- treat others how you would like them to treat you (the self regard rule)
    Platinum - treat others the way they would like to be treated (the PC rule)

  9. #9
    Senior Member
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    Sounds like another lame workaholic idea to me.
    Congratulations America

  10. #10
    Strangest post from Minx I've ever seen. It reads like an Amway pitch with missellings.

    That’s not to say the 9-5′ers don’t occasionally dream of what it would be like to live a vagabond’s life. Everybody does, it’s just that, all else being equal, they prefer the life they have. Maybe it’s just that the conventional life is comfortable, but so what? Comfort is a great thing. For some, it’s worth giving up on other dreams for. For people like Time (and me), on the other hand, it’s not. I yearn to see the world (even more than I already have) and fill my day-to-day life with the kinds of dramatically different experiences that just wouldn’t be possible living conventionally. Thus, I’m actively planning to semi-retire as young as possible (possibly as young as 30). To that end, I am aggressively working to build defensible streams of passive online income in the hopes of supporting myself for months at a time while on the road. To don’t expect to become or even want to be a full-time traveler, but I would like the freedom to do so if I so desire.

  11. #11
    Minx must have been sleepy. It says to save at least 10% of income for retirement, but 20-30% is even better.

  12. #12
    Quote Originally Posted by GGT View Post
    Minx must have been sleepy. It says to save at least 10% of income for retirement, but 20-30% is even better.
    I agree.
    The Rules
    Copper- behave toward others to elicit treatment you would like (the manipulative rule)
    Gold- treat others how you would like them to treat you (the self regard rule)
    Platinum - treat others the way they would like to be treated (the PC rule)

  13. #13
    ogre, are you drunk? am i drunk???§
    "One day, we shall die. All the other days, we shall live."

  14. #14
    okay so one member thinks the advice is an expression of laziness and another thinks it's an expression of workaholism?? what the??
    "One day, we shall die. All the other days, we shall live."

  15. #15
    Did you really read it, and the links on the side?

  16. #16
    not really, just went with what i saw as the take home message: for every ten hours you spend at your regular job, spend one hour doing something else that also makes you money
    "One day, we shall die. All the other days, we shall live."

  17. #17
    Quote Originally Posted by Aimless View Post
    not really, just went with what i saw as the take home message: for every ten hours you spend at your regular job, spend one hour doing something else that also makes you money
    That would be 9.090909~% The advice is for each nine hours you spend at your regular job, spend one hour doing something else.
    Last night as I lay in bed, looking up at the stars, I thought, “Where the hell is my ceiling?"

  18. #18
    Quote Originally Posted by Aimless View Post
    not really, just went with what i saw as the take home message: for every ten hours you spend at your regular job, spend one hour doing something else that also makes you money
    Reported for trolling. Loser.
    The Rules
    Copper- behave toward others to elicit treatment you would like (the manipulative rule)
    Gold- treat others how you would like them to treat you (the self regard rule)
    Platinum - treat others the way they would like to be treated (the PC rule)

  19. #19
    They also used the word Tithing.

    The guy suggests tithing time for making money, which is a strange way to interpret tithing.

  20. #20
    Quote Originally Posted by LittleFuzzy View Post
    That would be 9.090909~% The advice is for each nine hours you spend at your regular job, spend one hour doing something else.
    okay as long as they do it on the weekends or something, it can't be a bad thing!!

    Quote Originally Posted by GGT View Post
    They also used the word Tithing.

    The guy suggests tithing time for making money, which is a strange way to interpret tithing.
    i thought tithing just meant taking a tenth of something
    "One day, we shall die. All the other days, we shall live."

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