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Posted: 7/18/2023 9:06:11 PM EDT
[#1]
Quote HistoryQuoted: Scared? No. Anxious? Maybe. Then there's the sheer greed aspect. When you have a considerable nest egg, compound interest is really something to watch. It's easy to want to keep making, vice spending, money, and imagine a better and better retirement. It's very hard to switch from an accumulation mentality to a spending one. This mostly covers it. Would add the uncertainty of my nest egg suddenly being worth lunch for two as a factor. |
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Posted: 7/18/2023 9:07:01 PM EDT
[#2]
Quote HistoryQuoted: If you are mid 40’s, you won’t get what it lists as a benefit unless Congressional reforms happen. Quote HistoryQuoted: Quoted: I am Gen X and am mid 40's we are not retiring yet. All I care about is actually getting the social security money my statements say I will get. As of this year, if I was to go full disability, I could live pretty decent. But I have also been making a good income and contributing the past 24 years.... If you are mid 40’s, you won’t get what it lists as a benefit unless Congressional reforms happen. Brrrr... |
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Posted: 7/18/2023 9:07:35 PM EDT
[#3]
When you've lived through 2 massive spikes in inflation and see that Medical Insurance is and will continue to be astronomical, being old looks expensive.
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Posted: 7/18/2023 9:07:36 PM EDT
[#4]
Quote HistoryQuoted:  OP should check his math.Well as I said I don't keep up with that crap. I figured whether I said Boomer or Gen X I'd offend somebody. 
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Posted: 7/18/2023 9:07:52 PM EDT
[#5]
Quote HistoryQuoted: At 65 they are baby boomers. The youngest boomers are 59. This. If yer gonna labels the labels OP, try to get it right. You are referring to Boomers. You don’t get it at the age of 40, because your perspective is different. Men need a Purpose. Men need Money. A Job provides both. In many cases, a Job also represents Status. And like it or not, that’s a big deal. Add to that, a lot of men have Children who still depend on them. |
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Posted: 7/18/2023 9:08:54 PM EDT
[#6]
Quote HistoryQuoted: I'm pretty rough on the boomers who think nothing in the world changed, and that the 18 year olds of today have it easy.  I think they often times give erroneous dating advice that's aged poorly. I could go on and on. But anecdotally speaking, just from what I've seen, a lot of those boomers are "workaholics." They're no fucking joke. They might not have been when they were fucking around at 18, (their toys weren't digital, their stuff had no warning labels on it, and if one of their buddies went missing they showed up on a milk carton ) but they are nowThanks to the Tapco-fucking of our economy by special interests (the people who can afford to sway politics), and awful monetary policy - we have kids who can't afford houses, and "old farts" who basically can't retire.  Absolute fucking mess. I'm crushed for the people who are trying to get to adult life's on-ramp, but the ramp gets longer as they travel it, and the highway of adulthood gets farther away. I'm also crushed for the tired old guys running out of gas, with engines that are FINALLY starting to overheat, watching the exit ramps get further away. They have less time, more injuries, and less energy to deal with this ^ anarchy. I think the people in my age range won't have social security at all, and it sucks a lot, sure. But I still feel for the old farts, even if I think they've got 1 or 2 things wrong.  Quote HistoryQuoted: Quoted: By Gen X I mean folks that are around retirement age, 65'ish. I think I got that right, not Boomers. I've got 2 guys in my shop who seem scared to death to retire. I talked with both and neither is hurting for money. They just talk about how when they "finally" retire they hope the company will allow them to work part-time. I just don't get it. I'm 40yo and if I could retire tomorrow I would. Do these people not have any hobbies? Wives they can't stand? I would have no problem finding things to do between hobbies and just things around the property that need to be done. I'm pretty rough on the boomers who think nothing in the world changed, and that the 18 year olds of today have it easy. I think they often times give erroneous dating advice that's aged poorly. I could go on and on. But anecdotally speaking, just from what I've seen, a lot of those boomers are "workaholics." They're no fucking joke. They might not have been when they were fucking around at 18, (their toys weren't digital, their stuff had no warning labels on it, and if one of their buddies went missing they showed up on a milk carton ) but they are nowThanks to the Tapco-fucking of our economy by special interests (the people who can afford to sway politics), and awful monetary policy - we have kids who can't afford houses, and "old farts" who basically can't retire. Absolute fucking mess. I'm crushed for the people who are trying to get to adult life's on-ramp, but the ramp gets longer as they travel it, and the highway of adulthood gets farther away. I'm also crushed for the tired old guys running out of gas, with engines that are FINALLY starting to overheat, watching the exit ramps get further away. They have less time, more injuries, and less energy to deal with this ^ anarchy. I think the people in my age range won't have social security at all, and it sucks a lot, sure. But I still feel for the old farts, even if I think they've got 1 or 2 things wrong. @Geralt55 SSI is broke. Right now. This moment. If the government had not expanded the debt ceiling this last time it would have been DRT. We are at this phase:  Stop and think about it. We have to issue more debt to make the payments. Real inflation ... this is just my personal guess based on everday stuff ... is ... what. Nearly 300% since 2008 in some stuff like food? You could still find a working man's cheap lunch around where I live in 08 for 5 bucks. That meal is now 12-15 bucks. |
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Posted: 7/18/2023 9:08:59 PM EDT
[#7]
Not really. Gen X'er myself. I Turn 50 October, and I am already deep into Retirement planning. Not like my portfolio and shit, but like...Hmmm, the next car I get in a few years will be my last car before retirement, need to consider that carefully. Looking at house and other debts, all on track to be paid off by 58. Will give me a couple years of full salary to build up a nice nest egg to supplement those portfolios, etc. I plan on filing the paperwork literally at 00:01 on my 60th.
We do have some guys, closer to Boomer Gen than X, that the company might have to force them to retire in someway. Friggin Die Hards. They're the type that don't take vacations either, and are genuinely confused when others do...Guess what bucko? Company ain't going crash in burn in the week you're gone and more importantly, a couple weeks after you retire, it'll still be going strong. Same guys are the ones that come around the office to 'hang out' and see everyone again....after 3 months. Like...dude. You should have established a life separate from work all those years, ya know? |
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Posted: 7/18/2023 9:09:32 PM EDT
[#8]
No. I was smart worth my money and time.
I retired from “work” 9 years ago at age 41. Now I just do what I enjoy. Mostly just to keep my mind engaged. |
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Posted: 7/18/2023 9:09:36 PM EDT
[#9]
Quote HistoryQuoted: Because these guys show up at work, don't do anything, and expect a check. And they use their age/time at the company as an excuse. If you don't want to work RETIRE! Quote HistoryQuoted: Quoted: This threads gay but as a true gen x who gives a fuck what's it to you? Because these guys show up at work, don't do anything, and expect a check. And they use their age/time at the company as an excuse. If you don't want to work RETIRE! That goes for anyone of any age. |
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Posted: 7/18/2023 9:09:41 PM EDT
[#10]
Quote HistoryQuoted: planning on working till death. as I don't think any of the retirement plan will be worth a fuck when I get there. also don't think Ill make it to that age anyway.  Attached File |
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Posted: 7/18/2023 9:10:15 PM EDT
[#11]
Quote HistoryQuoted: I'm pretty rough on the boomers who think nothing in the world changed, and that the 18 year olds of today have it easy. I think they often times give erroneous dating advice that's aged poorly. I could go on and on. But anecdotally speaking, just from what I've seen, a lot of those boomers are "workaholics." They're no fucking joke. They might not have been when they were fucking around at 18, (their toys weren't digital, their stuff had no warning labels on it, and if one of their buddies went missing they showed up on a milk carton ) but they are nowThanks to the Tapco-fucking of our economy by special interests (the people who can afford to sway politics), and awful monetary policy - we have kids who can't afford houses, and "old farts" who basically can't retire. Absolute fucking mess. I'm crushed for the people who are trying to get to adult life's on-ramp, but the ramp gets longer as they travel it, and the highway of adulthood gets farther away. I'm also crushed for the tired old guys running out of gas, with engines that are FINALLY starting to overheat, watching the exit ramps get further away. They have less time, more injuries, and less energy to deal with this ^ anarchy. I think the people in my age range won't have social security at all, and it sucks a lot, sure. But I still feel for the old farts, even if I think they've got 1 or 2 things wrong. Quote HistoryQuoted: Quoted: By Gen X I mean folks that are around retirement age, 65'ish. I think I got that right, not Boomers. I've got 2 guys in my shop who seem scared to death to retire. I talked with both and neither is hurting for money. They just talk about how when they "finally" retire they hope the company will allow them to work part-time. I just don't get it. I'm 40yo and if I could retire tomorrow I would. Do these people not have any hobbies? Wives they can't stand? I would have no problem finding things to do between hobbies and just things around the property that need to be done. I'm pretty rough on the boomers who think nothing in the world changed, and that the 18 year olds of today have it easy. I think they often times give erroneous dating advice that's aged poorly. I could go on and on. But anecdotally speaking, just from what I've seen, a lot of those boomers are "workaholics." They're no fucking joke. They might not have been when they were fucking around at 18, (their toys weren't digital, their stuff had no warning labels on it, and if one of their buddies went missing they showed up on a milk carton ) but they are nowThanks to the Tapco-fucking of our economy by special interests (the people who can afford to sway politics), and awful monetary policy - we have kids who can't afford houses, and "old farts" who basically can't retire. Absolute fucking mess. I'm crushed for the people who are trying to get to adult life's on-ramp, but the ramp gets longer as they travel it, and the highway of adulthood gets farther away. I'm also crushed for the tired old guys running out of gas, with engines that are FINALLY starting to overheat, watching the exit ramps get further away. They have less time, more injuries, and less energy to deal with this ^ anarchy. I think the people in my age range won't have social security at all, and it sucks a lot, sure. But I still feel for the old farts, even if I think they've got 1 or 2 things wrong. |
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Posted: 7/18/2023 9:10:23 PM EDT
[#12]
Quote HistoryQuoted: Based on conversation related to other employees who have retired and passed away within a couple years its almost like they think once they retire they're only going to live another couple years. Like if they stay on the job, even part time, it'll prolong death lol. Quote HistoryQuoted: Quoted: Change is scary for some. Based on conversation related to other employees who have retired and passed away within a couple years its almost like they think once they retire they're only going to live another couple years. Like if they stay on the job, even part time, it'll prolong death lol. You mean “Prolong Life”. Or Stave off, defer, or delay, Death. C’mon dude. I hope your job doesn’t involve writing. Eta- or Math. Or paying attention to detail. |
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Posted: 7/18/2023 9:10:59 PM EDT
[#13]
I will retire at 65. God willing, I will have a little piece of land to work, rabbits and
bantams for meat, and working harder than I ever have for anyone in my life. Why? No paycheck, no a$$hole boss that gets his rocks off shoving people around. Stand or fall on my own efforts. With 35 months to go, I will be saving what I can. |
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Posted: 7/18/2023 9:11:51 PM EDT
[#14]
Financial issues , the unknown is biggest reason for people putting off retirement.
Everybody talks shit but when it comes to time to jump into the unknow the cost/return is scary. Unless they have the wherewithal and budgeting down pat which most people don't, that means they dont have a clue. Without a pension unless you sit down and crunch the numbers yourself or hire a professional all you're doing is guessing. Scary to jump into the unknown. |
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Posted: 7/18/2023 9:12:11 PM EDT
[#15]
Quote HistoryQuoted: This. If yer gonna labels the labels OP, try to get it right. You are referring to Boomers. You don’t get it at the age of 40, because your perspective is different. Men need a Purpose. Men need Money. A Job provides both. In many cases, a Job also represents Status. And like it or not, that’s a big deal. Add to that, a lot of men have Children who still depend on them. Thats all fine and well. The two guys in the shop I work in dont do jack crap. If you want to show up and WORK at that age, when you're fully able to retire, great! I got no problem with that. That is not the case in the shop I work in and I was just wondering if anyone else out there deals with similar circumstances. |
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Posted: 7/18/2023 9:12:47 PM EDT
[#16]
Quote HistoryQuoted: Thats sad. At least working for someone else. As I said I could find plenty to do if I could retire tomorrow. Quote HistoryQuoted: Quoted: Maybe they like working? Thats sad. At least working for someone else. As I said I could find plenty to do if I could retire tomorrow. Thats one way to look at it. While true, it can also be about them working for...wait for it... ...themselves |
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Posted: 7/18/2023 9:12:54 PM EDT
[#17]
Gen x here , I’m staying in my positions of power just to fuck over everyone coming after me.
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Posted: 7/18/2023 9:13:26 PM EDT
[#18]
I see the same thing at my work. Guys are either there or within 1-3 years of 65 and they refuse to leave because of insurance.
I’m sorry but I ain’t hanging on a few years just for insurance, I hope I will have set myself up to not be in that situation. |
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Posted: 7/18/2023 9:14:08 PM EDT
[#19]
Every Gen X I know at my job acts like they are already retired mentally. Watched one clip his toenails at his desk one day.
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Posted: 7/18/2023 9:14:23 PM EDT
[#20]
Maybe they just love their job . I enjoyed what I did as a crane operator , but got disgusted with younger people being my boss and stupid fucking safety people that looked like they just got out of hi-school . Pulled the pin at 55.5 years and have enjoyed every minute . Highly recommend retirement to everyone who can !
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Posted: 7/18/2023 9:15:43 PM EDT
[#21]
Gen X with 30 years and a pension here. My pension will be about 1/3 my current income, and I'm too young for drawing on my retirement savings without penalty. I didn't plan to retire until my mid 60's so this isn't a problem.
I actually enjoy what I do, I'm good at it, and because I'm good at it, I get a lot more flexibility when I decide I want some time off or don't want to put up with someone's BS. 
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Posted: 7/18/2023 9:16:05 PM EDT
[#22]
Im genX, i could retire in 5 years, but couldnt afford to. Im gonna go 10 more years, 15 years max.
Ive seen boomers at work still working into mid-70s. They would make more money retired with full SS, than they do working. 
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Posted: 7/18/2023 9:16:58 PM EDT
[#23]
Quote HistoryQuoted: Thats all fine and well. The two guys in the shop I work in dont do jack crap. If you want to show up and WORK at that age, when you're fully able to retire, great! I got no problem with that. That is not the case in the shop I work in and I was just wondering if anyone else out there deals with similar circumstances. Both lazy fucks I work with are early 40s . |
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Posted: 7/18/2023 9:17:24 PM EDT
[#24]
Quote HistoryQuoted: Gen x here , I’m staying in my positions of power just to fuck over everyone coming after me. Your candor does you credit, sir, although your ethic and motivation destroys that small gain entirely. |
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Posted: 7/18/2023 9:17:39 PM EDT
[#25]
Quote HistoryQuoted: Because these guys show up at work, don't do anything, and expect a check. And they use their age/time at the company as an excuse. If you don't want to work RETIRE! Quote HistoryQuoted: Quoted: This threads gay but as a true gen x who gives a fuck what's it to you? Because these guys show up at work, don't do anything, and expect a check. And they use their age/time at the company as an excuse. If you don't want to work RETIRE! If they are that lazy and don't accomplish anything, why do you keep them? Fire their ass's, or lay them off. |
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Posted: 7/18/2023 9:18:11 PM EDT
[#26]
Quote HistoryQuoted: You mean “Prolong Life”. Or Stave off, defer, or delay, Death. C’mon dude. I hope your job doesn’t involve writing. Lol. Yeah I screwed that up but this threads moving fast. Did you not still get the point I was trying to make? Based on your response I would say yes. And no I work in a custom woodshop/lumber mill so no real writing skills needed. |
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Posted: 7/18/2023 9:18:39 PM EDT
[#27]
Quote HistoryQuoted: Some people are so used to working, they don't really have anything else. Almost every person that I have known that retired started to decline shortly after. I've seen this a lot. First one i recall was a guy on his last day of work. Poor guy suffered a massive heart attack. Checked out before his last clock out. I could anecdote a lot more, but I'll just do this one: I recall my FIL. He made it five years past his second retirement at 62.5 (first was a military retirement) He was near the end with cancer. He looked me in the eye and said: "Whatever you do, never let them retire you. A person has to have a purpose in life." He was not the sort to foist unsolicited advice, so i took his words under consideration. I think social isolation also affects you too. This tends to increase as you age. Look forward to a day when you can go fishing every day if you want, but fishing alone all the time can get hollow. A lot of times, most of an older worker's socializing is at work. Sad, but often true. |
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Posted: 7/18/2023 9:19:01 PM EDT
[#28]
Since the oldest Gen X is 57, no, I don’t have any scared to retire.
Hell, most of the ones I know are well off and can’t wait to retire. Bro in law is a year younger than me and is set to retire a multi millionaire at 53. |
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Posted: 7/18/2023 9:19:01 PM EDT
[#29]
OP is why Gen X'ers can't retire - whole place would fall to shit if we did.
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Posted: 7/18/2023 9:19:52 PM EDT
[#30]
Quote HistoryQuoted: @Geralt55 SSI is broke. Right now. This moment. If the government had not expanded the debt ceiling this last time it would have been DRT. We are at this phase: https://inner.kiwi/media/images/Wile_E_Coyote.width-800.png Stop and think about it. We have to issue more debt to make the payments. Real inflation ... this is just my personal guess based on everday stuff ... is ... what. Nearly 300% since 2008 in some stuff like food? You could still find a working man's cheap lunch around where I live in 08 for 5 bucks. That meal is now 12-15 bucks. 100% agreed IMHO inflation has been understated that whole time, and it's AWFUL now. This is a total mess we're in, and we're all in this boat together |
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Posted: 7/18/2023 9:21:38 PM EDT
[#31]
Quote HistoryQuoted: Thats all fine and well. The two guys in the shop I work in dont do jack crap. If you want to show up and WORK at that age, when you're fully able to retire, great! I got no problem with that. That is not the case in the shop I work in and I was just wondering if anyone else out there deals with similar circumstances. Quote HistoryQuoted: Quoted: This. If yer gonna labels the labels OP, try to get it right. You are referring to Boomers. You don’t get it at the age of 40, because your perspective is different. Men need a Purpose. Men need Money. A Job provides both. In many cases, a Job also represents Status. And like it or not, that’s a big deal. Add to that, a lot of men have Children who still depend on them. Thats all fine and well. The two guys in the shop I work in dont do jack crap. If you want to show up and WORK at that age, when you're fully able to retire, great! I got no problem with that. That is not the case in the shop I work in and I was just wondering if anyone else out there deals with similar circumstances. Isn’t it your Bosses job, to cut the dead wood? Why aren’t You getting yourself into that position? |
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Posted: 7/18/2023 9:22:21 PM EDT
[#32]
Gen X here. My current position has me hustling and making good money, but I'm repositioning myself so that when I can't hustle anymore, I can work fewer hours and in an easier position, while still making solid money.
I sure don't want to be old and broke. That seems miserable. |
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Posted: 7/18/2023 9:22:50 PM EDT
[#33]
Quote HistoryQuoted: Both lazy fucks I work with are early 40s . Just goes to show you entitlement goes both ways. I get orders specifically brought to me that my Boomer/Gen X coworker can't do as fast as I can. Because he doesn't really want to be there. He's told me as much. |
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Posted: 7/18/2023 9:23:36 PM EDT
[#34]
Quote HistoryQuoted: If they are that lazy and don't accomplish anything, why do you keep them? Fire their ass's, or lay them off. I don't run the shop, I work in it. |
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Posted: 7/18/2023 9:23:53 PM EDT
[#35]
Quote HistoryQuoted: Gen x here , I’m staying in my positions of power just to fuck over everyone coming after me. 
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Posted: 7/18/2023 9:23:55 PM EDT
[#36]
Yep. Got one at my office, 54 with 33 years of service. You can retire here at 30 with a full pension, so he is working for peanuts as opposed to just retiring and finding a part time job if he wants to work still.
Eta: state job and he gets Healthcare on the state plan for life so that isn't a reason to stay. |
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Posted: 7/18/2023 9:25:38 PM EDT
[#37]
Quote HistoryQuoted: Isn’t it your Bosses job, to cut the dead wood? Why aren’t You getting yourself into that position? Because its a family owned business and unless your name ends in XYZ you're not making any decisions. |
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Posted: 7/18/2023 9:26:38 PM EDT
[#38]
The old guys generally have the skills, experience to do the "GOOD" jobs, so they take them and stay.
Im there now too, but not eligible to retire yet. I work with a guy who is 67, could have left years ago with a full pension. Has over $1M in his 401k, wife has $1m in investments and just inherited $2M. Both are collecting SSI already. They definitely don't need the money. He is a friend so I check in everyday for a coffee and we talk about the stock market. The only reason I can see that he doesn't go is he would have to spend a lot more time with his wife. |
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Posted: 7/18/2023 9:26:45 PM EDT
[#39]
Quote HistoryQuoted: I know people who retired then went back to work elsewhere because they needed health insurance. Health insurance stops most from retiring |
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Posted: 7/18/2023 9:28:55 PM EDT
[#40]
I'm Gen-X and retired at 48. I hated it and went back to work full time at a job where they were having a hard time finding someone experienced and reliable because Millennials and Gen-Z.
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Posted: 7/18/2023 9:29:32 PM EDT
[#41]
“By Gen X I mean folks that are around retirement age, 65'ish”
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Posted: 7/18/2023 9:29:34 PM EDT
[#42]
Quote HistoryQuoted: Lol. Yeah I screwed that up but this threads moving fast. Did you not still get the point I was trying to make? Based on your response I would say yes. And no I work in a custom woodshop/lumber mill so no real writing skills needed. Quote HistoryQuoted: Quoted: You mean “Prolong Life”. Or Stave off, defer, or delay, Death. C’mon dude. I hope your job doesn’t involve writing. Lol. Yeah I screwed that up but this threads moving fast. Did you not still get the point I was trying to make? Based on your response I would say yes. And no I work in a custom woodshop/lumber mill so no real writing skills needed. Is it a Union shop, Seniority Based? If so, life gets Better as you get older. Plus, imagine how much fun work could be, when you really don’t need the money. We live our lives Backwards, in a sense. We devote our Best Years of Energy, and Enthusiasm, and Relationships, to slaving away at work. Then, by 55 or 60, we’ve spent most of that, and all we have left is the work. You think it’s “Sad”, … but time to face facts: It’s just Life. |
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Posted: 7/18/2023 9:30:09 PM EDT
[#43]
Quote HistoryQuoted: I don't run the shop, I work in it. Quote HistoryQuoted: Quoted: If they are that lazy and don't accomplish anything, why do you keep them? Fire their ass's, or lay them off. I don't run the shop, I work in it. Now remember that when you go in tomorrow. Those two old boomers are probably getting tired of carrying your ass every week. If you showed a little initiative, they would probably feel better about turning the keys over to a green horn.
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Posted: 7/18/2023 9:30:12 PM EDT
[#44]
Quote HistoryQuoted: I don't run the shop, I work in it. Quote HistoryQuoted: Quoted: If they are that lazy and don't accomplish anything, why do you keep them? Fire their ass's, or lay them off. I don't run the shop, I work in it. That's your first mistake! |
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Posted: 7/18/2023 9:31:12 PM EDT
[#45]
I have known guys that were afraid to retire. They said that they didn't want to die. Some that they knew who retired died with in a year or two. I know others who won't retire because their home life sucks. I know others that retire early with almost no savings... People are strange.
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Posted: 7/18/2023 9:31:37 PM EDT
[#46]
I figure I will be able to retire in my mid-60s (46 now) if I want to. But I like my job, I own the company, can do the job with 20 employees or none, and it's fairly low stress.
I don't think I'd do well in retirement. I can tell myself I'd fish or shoot everyday but I know I won't. |
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Posted: 7/18/2023 9:32:41 PM EDT
[#47]
Quote HistoryQuoted: Well as I said I don't keep up with that crap. I figured whether I said Boomer or Gen X I'd offend somebody. Quote HistoryQuoted: Quoted: OP should check his math.Well as I said I don't keep up with that crap. I figured whether I said Boomer or Gen X I'd offend somebody. Then why not just say “People in their low to mid 60s” |
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Posted: 7/18/2023 9:33:22 PM EDT
[#48]
Quote HistoryQuoted: I can't keep up with all that crap. Gen X, Boomer whatever. Folks at your job that are at retirement that don't want to. What's retirement age, and why? |
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Posted: 7/18/2023 9:35:31 PM EDT
[#49]
Quote HistoryQuoted: Health insurance stops most from retiring Are they unable to manage their taxable income to qualify for the premium tax credit (or perhaps even expanded medicaid if relevant)? That can make it much more affordable. I cannot fathom working full time any longer than necessary. Folks who don't at least transition to part time when they can afford to retire bewilder me. I'd rather spend more days skiing, climbing, hunting, hiking, fishing, and otherwise enjoying life than working. Do these people who unnecessarily work full time have no passions or interests? |
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Posted: 7/18/2023 9:40:06 PM EDT
[#50]
I was considering pulling the plug in 4 years. The only problem with that is I am at the peak of earning, and possibly I will step up more in revenue as I continue my career. My mind is still sharp, and the medical insurance is also a thing. As one ages, he starts thinking he needs that insurance. What if I retire and then I get cancer? I'm going to end up broke. So I will just keep stacking cash for now.
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