Life Retirement - Page 15

**bogey** · 03-05-2018, 06:36 PM

Do you old folks have a retirement plan in place? How much money will you have saved for your retirement? I'm 60 and it's weighing on my mind. I'm wondering if I'm going to have enough retirement $ saved up.

**BigRedChief** · 03-08-2018, 01:39 AM

Quote:

Originally Posted by LoneWolf

Depressing, totally incorrect, and full of fear mongering. I work in upper management for one of the top 3 construction and agriculture equipment manufacturers in the world. I’m an expert in lean manufacturing and on the front lines of manufacturing robotics and innovation. While it is true that some jobs in manufacturing have and will continue to be replaced by automation, it will be nowhere near the levels he is predicting.

Since I’ve worked on the tech side of some of the most advanced A.I. Projects ever in the USA. Top people from all over the world came to see how we pulled off AI. Way more advanced than you have ever seen as a civilian. I think that’s why most people pay me just to talk to their techs and figure out what’s their best A.I. path forward.

**LoneWolf** · 03-08-2018, 04:42 AM

Quote:

Originally Posted by BigRedChief

Since I’ve worked on the tech side of some of the most advanced A.I. Projects ever in the USA. Top people from all over the world came to see how we pulled off AI. Way more advanced than you have ever seen as a civilian. I think that’s why most people pay me just to talk to their techs and figure out what’s their best A.I. path forward.

So, in 17 years you’re predicting 50% unemployment due to A.I. advancements?

King_Chief_Fan · 03-08-2018, 10:02 AM

Quote:

Originally Posted by DaneMcCloud

There is no guarantee that anyone in this thread is alive tomorrow.

There needs to be a balance between now and the future. I’m not suggesting that anyone live beyond their means but obsessing about the future is detrimental to the present.

Enjoy life.

while that is not bad advice, I hope someone has advised the op that he/she needs to talk with a retirement planner, not CP retirement experts

They will help with your goal setting so that a plan can be developed to get you where you want to be when retirement comes.
There are several good suggestions listed here, but an expert is needed to advise/guide you.

King_Chief_Fan · 03-08-2018, 10:06 AM

Quote:

Originally Posted by RunKC

I feel like retirement would suck. My in laws are retired and they are bored out of their minds waiting for us to have kids so they can spoil them.

Idk I feel like I’d get depressed after years of working

that happens a lot....you know what you are retiring from, but do you know what you are retiring to? I have been retired for 4 years and have yet to wish I was working again. Traveling, sports events that grandkids particiate in, golfing, fishing, hanging at at the lake house and volunteer work is more rewarding than work.

**Rain Man** · 03-08-2018, 10:10 AM

We shouldn't think about AI eliminating jobs, we should think about it eliminating work. The end game is that we're a society of poets and inventors and creators and people who get great daily exercise, because all of the menial work is done for us. There'll be a transition period that's rough while society makes the transition, but eventually it'll be great for everyone.

**DaneMcCloud** · 03-08-2018, 11:14 AM

Quote:

Originally Posted by King_Chief_Fan

They will help with your goal setting so that a plan can be developed to get you where you want to be when retirement comes.
There are several good suggestions listed here, but an expert is needed to advise/guide you.

I'll never understand why Americans are obsessed with retirement, especially when they're young.

I'm not suggesting that people don't plan for the future but for ****'s Sake, there's no guarantee you'll be here at age 65 or 70 and planning the future at the expense of the present just doesn't make any sense.

Plus, so many Americans experience debilitating diseases prior to or just after retirement, so all of that planning and frugality is often all for naught.

Enjoy your life NOW. Travel NOW, while you're young and healthy. Experience what the world has to offer while all of your faculties are intact.

And ****in' A, DON'T ORDER BBQ IN SAN DIEGO!

Fish tacos, Mexican, IPA's, seafood, gastropub's - not ****ing BBQ.

BucEyedPea · 03-08-2018, 11:19 AM

Quote:

Originally Posted by Rain Man

We shouldn't think about AI eliminating jobs, we should think about it eliminating work. The end game is that we're a society of poets and inventors and creators and people who get great daily exercise, because all of the menial work is done for us. There'll be a transition period that's rough while society makes the transition, but eventually it'll be great for everyone.

Well, that benefits me. I'll have a leg up in experience in a creative profession.

BucEyedPea · 03-08-2018, 11:28 AM

Quote:

Originally Posted by DanT

So those of you who are blessed with children should make sure to let them know to start saving before the rest of us did!

Mine out of college two years, saves constantly. She's already got a good chuck saved and has stocks too. She's a real cheapskate though and she doesn't make big bucks yet either. So far two foreign travel tips for vacation and also writes for a travel company too. It's not that she's obsessed with retirement but as she says, she has "anxiety" on money.

As for me, artists don't retire. That's a death knell.

**BigRedChief** · 03-08-2018, 11:35 AM

Quote:

Originally Posted by Rain Man

We shouldn't think about AI eliminating jobs, we should think about it eliminating work. The end game is that we're a society of poets and inventors and creators and people who get great daily exercise, because all of the menial work is done for us. There'll be a transition period that's rough while society makes the transition, but eventually it'll be great for everyone.

Correct. It will be a tough transition. There will be lazy shits who don’t want to anything but drugs and play in VR. But, most will want to explore other areas they never considered open to them since all education will be free.

Being free of menial labor and worrying about shelter and food is going to launch the next evolution of humanity.

ToxSocks · 03-08-2018, 11:36 AM

Quote:

Originally Posted by DaneMcCloud

And ****in' A, DON'T ORDER BBQ IN SAN DIEGO!

Fish tacos, Mexican, IPA's, seafood, gastropub's - not ****ing BBQ.

BucEyedPea · 03-08-2018, 11:47 AM

Quote:

Originally Posted by BigRedChief

Correct. It will be a tough transition. There will be lazy shits who don’t want to anything but drugs and play in VR. But, most will want to explore other areas they never considered open to them since all education will be free.

Being free of menial labor and worrying about shelter and food is going to launch the next evolution of humanity.

Yay, communism will arrive.

**Bearcat** · 03-08-2018, 11:52 AM

Quote:

Originally Posted by LoneWolf

So, in 17 years you’re predicting 50% unemployment due to A.I. advancements?

Google 'AI unemployment' and there are several articles with click bait headlines that have been predicting the same thing for years... and you'll also see a few that actually bring up a lot of valid points about new industries and jobs that don't even exist today (not even related to AI), how it's not some big bang thing that we'll wake up to one day, baby boomer retirement, etc.

That's not to say there isn't the chance of big changes for certain industries, but that's nothing new.

cooper barrett · 03-08-2018, 11:52 AM

Quote:

Originally Posted by DaneMcCloud

I'll never understand why Americans are obsessed with retirement, especially when they're young.

I'm not suggesting that people don't plan for the future but for ****'s Sake, there's no guarantee you'll be here at age 65 or 70 and planning the future at the expense of the present just doesn't make any sense.

Plus, so many Americans experience debilitating diseases prior to or just after retirement, so all of that planning and frugality is often all for naught.

Enjoy your life NOW. Travel NOW, while you're young and healthy. Experience what the world has to offer while all of your faculties are intact.

And ****in' A, DON'T ORDER BBQ IN SAN DIEGO!

Fish tacos, Mexican, IPA's, seafood, gastropub's - not ****ing BBQ.

Only good think from a San Diego BBQ joint....

eDave · 03-08-2018, 11:56 AM

Quote:

Originally Posted by cooper barrett

Only good think from a San Diego BBQ joint....

http://kcbbq.net/

**DaneMcCloud** · 03-08-2018, 12:03 PM

Quote:

Originally Posted by BucEyedPea

As for me, artists don't retire. That's a death knell.

Yep. I'll be writing music until the day I can no longer function or die.

03-05-2018, 06:36 PM
bogey Supporter Join Date: Oct 2007 Location: California Casino cash: $10005290	Retirement Do you old folks have a retirement plan in place? How much money will you have saved for your retirement? I'm 60 and it's weighing on my mind. I'm wondering if I'm going to have enough retirement $ saved up.
Posts: 2,264

03-08-2018, 10:10 AM	#215
Rain Man NFL's #1 Ermines Fan Join Date: Jul 2001 Location: My house Casino cash: $3058491 VARSITY	We shouldn't think about AI eliminating jobs, we should think about it eliminating work. The end game is that we're a society of poets and inventors and creators and people who get great daily exercise, because all of the menial work is done for us. There'll be a transition period that's rough while society makes the transition, but eventually it'll be great for everyone. __________________ I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit.
Posts: 141,661