• New here? Register here now for access to all the forums, download game torrents, private messages, polls, Sportsbook, etc. Plus, stay connected and follow BP on Instagram @buckeyeplanet and Facebook.

Deciding When to Retire

and in light of @Jagdaddy post as well as earlier posts about financial advisors.. I can't stress enough to ensure your advisor is experienced.. and I'd say, practicing during the 2008 crush... and ideally in 2002 as well... because when the market hits the inevitable 'adjustment' newer advisors will still be focused on 'growth' ie lassoing new clients and you could be collateral damage by the distraction... experienced advisors will more likely be more focused on their accts.. they always are aware of clients ranked by their assets.. and when it hits, they will address them highest to lowest in order..

you can go to FINRA.org and look the advisors up by name and firm.. that will tell you how long they have been practicing and if there are any blemishes on their record.. next ask your advisor how many accts are they servicing... if they say anything over 150 accts be cautioned because when it hits they can probably get to 20-30 accts a day and if they have 400 accts, lots of accounts are gonna get crushed before you get a call.. some of these advisors could have 1000 accounts.. that means the last folks in that list aren't being serviced for 2 months post thus are toast
Upvote 0

Deciding When to Retire

I'm sure you know this, but if you do go that early, just make sure you're diversified enough to weather a major market correction without having to sell when the market is down because that correction will come at some point. It seems like it should have happened already or happen fairly soon given the incompetence and venality of our overlapping political and plutocratic classes. That said, it's likely been in significant part due to that venality that the system has been set up to inflate the paper value of financial assets and thereby benefit both the capital R and lower-case r rich (the latter being people like financially prudent or investment savvy doctors, lawyers, tech professionals, engineers, skilled tradespeople, successful small business owners, some government employees, etc.) to the detriment of folks who get all of their money from working so it may be that the powers that be don't allow a market crash to get too severe.

Absolutely. I'm also planning to work seasonally for 5-10 years to hedge against that, too.
Upvote 0

2026-27 Ohio State Men's Basketball

B1G scheduling info announced (no dates yet). OSU will play 3 B1G teams twice: UM, Iowa & PSU. Other home games include Maryland, MSU, NW, Oregon, Rutgers, Washington and Wisconsin.
View attachment 89526
I gotta say, that road schedule looks extremely daunting. The two "easy" road games are @ PSU & Minny, that leaves 8 away games against B1G teams that are projected to possibly make the NCAA tournament. Aside from MSU, OSU is going to play all of their B1G rivals that are projected to be in the preseason top-25 on the road. Kind of disappointing that there is such a divergence between the home & road strength this season. Maryland could have a bounce-back season, but them and MSU are the lone "home only" teams that seem to have better than 50-50 chances of making the NCAA tourney.
Upvote 0

Deciding When to Retire

Yeah, no kids, a fairly cheap lifestyle, and a ridiculous 15-year run in the market have definitely helped. I'd been aiming for 55 but lowered it to 50 maybe 5 years ago. But last year nearly killed me and I've decided I've had enough of all of this nonsense.
I'm sure you know this, but if you do go that early, just make sure you're diversified enough to weather a major market correction without having to sell when the market is down because that correction will come at some point. It seems like it should have happened already or happen fairly soon given the incompetence and venality of our overlapping political and plutocratic classes. That said, it's likely been in significant part due to that venality that the system has been set up to inflate the paper value of financial assets and thereby benefit both the capital R and lower-case r rich (the latter being people like financially prudent or investment savvy doctors, lawyers, tech professionals, engineers, skilled tradespeople, successful small business owners, some government employees, etc.) to the detriment of folks who get all of their money from working so it may be that the powers that be don't allow a market crash to get too severe.
Upvote 0

Deciding When to Retire

My hat is off if you're doing it at 46. Congrats. The ACA genie is out of the lamp. I don't know how they try to put her back in without a huge catastrophe.

Yeah, no kids, a fairly cheap lifestyle, and a ridiculous 15-year run in the market have definitely helped. I'd been aiming for 55 but lowered it to 50 maybe 5 years ago. But last year nearly killed me and I've decided I've had enough of all of this nonsense. My midlife existential crisis hit like a truck and my solution is to quit the entire game. If you need me, I'll be off in the woods somewhere working on my manifesto.

People to Punch, Pet Peeves, and General Vexations (mega-merge)

get better soon GL - that's a rough spot with a shitty roommate
Thanks Iam, my insurance runs out Sunday-ish anyway so at that point I'm going home either way shitty roommate or no, and I can't wait!

PSA- Been gone for almost 2 months. Advice - when you get old, don't do dumb shit.

Attachments

  • 20260503_180109.jpg
    20260503_180109.jpg
    1.4 MB · Views: 11
Upvote 0

What is your exercise routine?

this past winter, i got tired of my then 15 year old, 5'10" 165lb son walking around flexing and showing off, so I went to the gym with him and had him put me through his normal work outs (lifts 3x per week for football, then usually 1-2 days on his own) - I thought I was going to die. So a few weeks ago, I had him come to my MIL's with me to help me pour a small concrete pad for her trashcans - he thought he was going to die, I taught him what old man strength means, LOL. That being said, I really need to get back to the gym on a more consistent basis before he gets to much bigger

Filter

Back
Top