Next political debate?

BlueFire · 08-01-2008, 03:53 AM

Quote:

Originally Posted by Bond

What are you majoring in, BlueFire?

Philosophy and Political Science. I've thought about law school, but I don't really know if it's for me. I should make my decision soon, though.. I don't have a lot of time to decide

KillerGremlin · 08-01-2008, 07:15 PM

Quote:

Originally Posted by BLueFire

Philosophy and Political Science. I've thought about law school, but I don't really know if it's for me. I should make my decision soon, though.. I don't have a lot of time to decide

You have the rest of your life to decide. It's only society that imposes these ridiculous time limits on education. Do what you enjoy, and do it at your own pace. Don't work a job you hate for the rest of your life.

Vampyr · 08-01-2008, 08:21 PM

Quote:

Originally Posted by KillerGremlin

You have the rest of your life to decide. It's only society that imposes these ridiculous time limits on education. Do what you enjoy, and do it at your own pace. Don't work a job you hate for the rest of your life.

Not really. Saving for retirement is really something that should be started as soon as possible. I'm 21, and I'm going to be starting a ROTH IRA next year, and will be doing my best to put in the max amount every year. If getting that extra bit of education is what you need to be able to do that, you should do it as soon as possible.

KillerGremlin · 08-04-2008, 11:51 AM

Quote:

Originally Posted by Vampyr

Not really. Saving for retirement is really something that should be started as soon as possible. I'm 21, and I'm going to be starting a ROTH IRA next year, and will be doing my best to put in the max amount every year. If getting that extra bit of education is what you need to be able to do that, you should do it as soon as possible.

I think you should pursue your education in a timely fashion...if you are sure you know what you want to do. Retirement is a long ways away, and between retirement you are going to have to work. So, the way I see it, I'd like to work a job I really love. I want my job to make me happy. I've seen people who have worked a job they hate for 30 or 40 years, and I've seen them retire with just enough money to get by, and they don't seem very happy. And then they die.

So, unless you plan on only working for a few years and retiring rich, I'd say go with schooling/job that you enjoy, take your time and enjoy life, and at the end of the day maybe you won't even want to retire.

Retirement...that's such a depressing thing to think about. After retirement comes death. Unless I had tons of money to stay busy 24/7, I'm not even sure I'd want to retire.

Vampyr · 08-04-2008, 12:46 PM

Quote:

Originally Posted by KillerGremlin

Retirement...that's such a depressing thing to think about. After retirement comes death. Unless I had tons of money to stay busy 24/7, I'm not even sure I'd want to retire.

That's the idea, though! If a person gets a good job early enough and is smart about how they save for their retirement, you can come out with one or two million, or more if you got lucky with investments.

I enjoy my job, but I don't want to work here for the rest of my life. I'd like to retire someday, and when I do I want to be able to enjoy myself and stay busy, like you said.

KillerGremlin · 08-04-2008, 04:53 PM

Quote:

Originally Posted by Vampyr

That's the idea, though! If a person gets a good job early enough and is smart about how they save for their retirement, you can come out with one or two million, or more if you got lucky with investments.

I enjoy my job, but I don't want to work here for the rest of my life. I'd like to retire someday, and when I do I want to be able to enjoy myself and stay busy, like you said.

Well, Godspeed. But I should caution you, nothing ever goes as planned...

You may get married, have a family, put kids through college. And, I will say this...my Grandparents have hundreds of thousands of dollars saved up in the bank, plus they own an apartment that is worth at least another 600,000. But, even in their old age, they are very conservative with their money. It's almost sad to watch them...they could retire to a sweet home in a warm place, but instead they are going to leave quite a bit of wealth behind. Moral of the story; I would hate to die with hundreds of thousands of dollars in the bank. I would like to help my family out, but I'm going to be a self-centered bastard and spend some of that money on myself!