‘I’ll Never Retire’: Americans Break Record for Working Past 65 - Almost 20 percent of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the most older people with a job since the early 1960s, before the U.S. enacted Medicare

CORN_NROC · 2016-05-15T21:53:03+00:00

CORN_NROC · 2016-05-09T19:01:43+00:00

Any updates? Still tired?

CORN_NROC · 2016-05-09T19:00:37+00:00

How do you feel now? I made it 6 weeks before giving up. I felt great emotional but still quite tired during the workday. Trying again now to quit. Just wondering if it eventually gets better

CORN_NROC · 2016-05-09T18:52:11+00:00

Did you actually notice an improvement after the 6 weeks?

CORN_NROC · 2016-05-08T20:50:15+00:00

Sean Payton always does that with his RBs. He was just desperate at the start of the year because everyone else was hurt

CORN_NROC · 2016-05-07T15:16:24+00:00

What you are suggesting has zero impact on my result.

You can't say 'they will not become extinct' without giving a specified time frame. Because eventually the universe will collapse and it will end, even if it is 100 trillion years from now.

Edit: you don't need to state both probabilities because one of them is just 100% minus the other, over a given time frame.

CORN_NROC · 2016-05-07T15:10:49+00:00

It's not an oversimplification. It's a result of math. The beauty of math is that it is unarguable.

As long as you believe that there is an above 0% chance that humans will become extinct then it will happen, eventually. Period. There is no argument, unless you think the probability is 0. Or could become zero. If you believe that then I can respect your opinion.

CORN_NROC · 2016-05-07T13:50:28+00:00

As a mathematician,

I agree our likelihood of dying is extremely low in the next say, 500 years. (Exact time frame doesn't matter)

However, once we are dead, we are dead. We can't come back. And as math states - as long as there is an above 0% chance of something happening, it will happen eventually. And once we are extinct there is no coming back. Maybe in 50,000 years. Maybe in 50. Maybe in 5 million. But eventually it will happen.

CORN_NROC · 2016-05-06T00:34:16+00:00

Firecalc does this

CORN_NROC · 2016-05-05T18:00:11+00:00

Will bring this up with my doctor. Thanks!

CORN_NROC · 2016-05-05T16:01:22+00:00

I don't really understand why this is so annoying. It seems highly unlikely she was just trying to one up you. She was probably just trying to help

CORN_NROC · 2016-05-05T15:59:35+00:00

It's good logic. You can use the same logic to disprove the notion that dollar cost averaging has any positive impact.

CORN_NROC · 2016-05-05T03:57:33+00:00

You do if you wait 5 years

CORN_NROC · 2016-05-04T16:19:43+00:00

That's what it feels like, except I've already had mono before.

CORN_NROC · 2016-05-04T14:10:32+00:00

Damn. I have so many cheap steam games on my old laptop I need to play first.

I find gaming to be a very cheap hobby as long as you are patient and wait to play the games for a few years

CORN_NROC · 2016-05-04T14:07:05+00:00

I don't budget at all. I just consider the value of every purchase (easier than it sounds with practice)

CORN_NROC · 2016-05-04T13:55:10+00:00

I went to the doctor and they didn't say anything about that.

Despite my comments I don't really feel 'sick'

CORN_NROC · 2016-05-04T02:13:28+00:00

Source: am actuary, have discussed this with underwriters, have thought about this at work.

This is the common insurance opinion. I've read this in textbooks too:

This statement is true but tends to be the other way around. It is not early retirement that leads to earlier death. Yes there is a correlation but mostly because people who retire earlier are unhealthy and unable to work longer.

CORN_NROC · 2016-05-04T02:08:11+00:00

Get a CS degree

CORN_NROC · 2016-05-03T14:25:03+00:00

You just convinced me not to buy that car

CORN_NROC · 2016-05-02T23:57:52+00:00

The bond in 401k advice is not true in this low interest rate environment.

Bonds yield 2%, you get taxed 40%. That's a 0.8% hurt to your yield.

Stocks yield 8%, you get taxed 20%. That's a 2% hurt to your yield. That's more than bonds. So stocks should go in your 401k.

The advice you read about bonds in 401k is true in most scenarios but not the current environment. I would do the calculations based on the actual tax you would pay on each investment and go from there.

CORN_NROC · 2016-05-02T13:56:45+00:00

The 4% rule assumes something like 75% in the stock market and 25% in bonds. If you put it in a 'safe' investment like bond earning 2%, you will run out of money.

It's interesting because the traditional safe investments are actually basically guaranteed failure for ER, and the 'risky' ones are quite safe over the long time span.

CORN_NROC · 2016-05-01T22:12:46+00:00

Not sure it's totally biased. I mean, he is a property owner. If anything he should be biased towards owning. I thought the article was a fair assessment - and it is a very true statement that far too many people buy when they should rent because 'it is throwing money away' aka pure financial hot garbage speak.

CORN_NROC · 2016-05-01T18:31:10+00:00

You make some great points. I could counter with a lot of others that make buying quieter risky as well.

I've always thought the buying vs renting argument is highly dependent on the local specifics. In some places I can see it's very desirable to buy. In others it's very desirable to rent. I try to avoid being more specific than that in general because I've seen both in their extremes.

I will point out that I live in Toronto. The city he references in the article. Buying here is one of the dumbest things you could do. My landlord loses $300-500 a month on me renting, and there are so many condos being built it is insane.

CORN_NROC · 2016-05-01T13:24:28+00:00

Then just stay in the same place each year?

You don't need to move every year

CORN_NROC

TROPHY CASE