NutterButter
Footballguy
Is this going to be the new new new retirement thread? I'm getting that sensation.
I think it’s somewhat transformed from “what to do so that you can afford a few toys” to “toys are stupid and irresponsible.”Is this going to be the new new new retirement thread? I'm getting that sensation.
I dream of a day when most will realize there is a balance between two extremes.I think it’s somewhat transformed from “what to do so that you can afford a few toys” to “toys are stupid and irresponsible.”
my dreams are a little racier, but to each his own.I dream of a day when most will realize there is a balance between two extremes.
Gekko 2020 trying to change to a more judgmental alias.You are clearly not OK with it.
You don't need a boat, you need to change your expectations.
I have a dream... That someday people are content in their own lives and are willing to let people live their lives. Those people will actually care enough to help each other follow their own path, sometimes walking together, sometimes carrying their buddy, sometimes rubbing their buddy's smelly swollen feet...MAC_32 said:I dream of a day when most will realize there is a balance between two extremes.
WI and not seriously interested. it pops up in my brain every summer, but doesn't seem practical. hadn't really considered renting a pontoon until this summer. at this rate... it will have to wait until next.MTskibum said:You can buy a nice, reliable, family friendly boat for 10k. I see them quite frequently as I search for my boat.
Where do you live and are you really interested in a boat?
I don't really see that in here. Pointing out that many of these folks are likely severely leveraged to support the lifestyle isn't telling anyone how to live. A fact is simply a fact. it isn't inherently judgmental.I have a dream... That someday people are content in their own lives and are willing to let people live their lives. Those people will actually care enough to help each other follow their own path, sometimes walking together, sometimes carrying their buddy, sometimes rubbing their buddy's smelly swollen feet...
Yeah me too. I pay big for experiences. Travel, live performances of any kind, guys and couples trips. I just don’t tend to gravitate towards “stuff”, including supposed status symbolsThere are many scientific studies that show "stuff" makes you happy for a few MONTHS. Memories on the other hand, like a trip to a foreign country,. can keep you happy for years. So when we spend, we spend it on making memories (Ireland, Italy, etc.), not worrying about trying to keep up with the neighbors.
guys, it's getting warm in hereI have a dream... That someday people are content in their own lives and are willing to let people live their lives. Those people will actually care enough to help each other follow their own path, sometimes walking together, sometimes carrying their buddy, sometimes rubbing their buddy's smelly swollen feet...
What about stuff that gives you memories? Taking my son and his friends out on my boat to go tubing and wakeboarding/wakeskating are some of my favorite memories over the last several years. My wife loves escaping the big city and stresses of our daily life to enjoy the peace and tranquility of our modest and remote lake house. It rejuvenates her. I don’t have a motorcycle, but have a couple relatives who do and they live for their long rides. Most of my other “stuff” is related to my music, which brings immense joy and is a big part of my life. Fancy cars, expensive houses and name brands aren’t really my thing, but I find that “stuff” can indeed promote happiness if it’s the right kind of stuff. And that will of course vary from person to person.There are many scientific studies that show "stuff" makes you happy for a few MONTHS. Memories on the other hand, like a trip to a foreign country,. can keep you happy for years. So when we spend, we spend it on making memories (Ireland, Italy, etc.), not worrying about trying to keep up with the neighbors.
-fish- said:I'm getting ready to partially retire so I'm going to buy a vacation home in Baja and split time between there and Washington.
I worked my ### off to get to this point. 100 hour weeks, no vacations for years until about 5 years ago.
Yikes. Are you at least going to retire young?-fish- said:I don't finance anything and have no debt except my mortgage. I've always owned a boat because I really enjoy fishing and being on the water. Because I owned a boat, I owned a truck to tow it. I got tired of driving a truck everywhere so I bought a convertible coupe as my daily driver, but I still need the truck, so I had two vehicles. Then I bought one for my daughter to drive until she goes to college so I have three. My kid got older and the fishing boat wasn't something she enjoyed anymore. My friends are older and don't have kids at home, so I bought a bigger boat that I can take out for weekends. I kept the fishing boat, because I still like fishing. So I have two boats, three cars and a house. I live at the top of a steep hill, but I like riding my bike around town, so I got ebikes for myself and my girlfriend because once I moved here I realized that I wasn't riding my bike anymore because at the end of the day I didn't want to ride up the hill.
I'm getting ready to partially retire so I'm going to buy a vacation home in Baja and split time between there and Washington.
I worked my ### off to get to this point. 100 hour weeks, no vacations for years until about 5 years ago.
Experience enablers. Hiking gear, my bike, good camera, etc. I think of them as entry tickets to experiences.What about stuff that gives you memories?
This might be the best way to afford more toys.Don't have kids
Rent a boat for the weekend. That's the way to go.mr. furley said:oh, no way. i'm low frills.
just twinge of jealousy here and there when i see folks piling off to the lake with their family boat for a 4-day weekend. it's something i'd like to do, but even living as cheaply as we do it's just not possible. i'm ok with it.
I feel the same way as the original poster. Sucks even worse when your wife or kids voice their displeasure for not having certain things like a boat or cottage.Man that sure would suck to live life while you can. I mean who wants to spend their hard earned money on fun stuff and spending time with their family. Eww. I would much rather be like me Dad who squeezed every penny and was waiting till retirement to "live." My Dad passed at 63. Sure wish I would have had a Seadoo, Cabin, or Boat memories. But those guys who leverage everything to have fun are losers.
That is a good plan on paper and I hope you live long to enjoy it that way. My wife uncle plan was the same as he made good money, saved, saved and invested for the future. The sad thing is he passed away at 56. His wife remarried two years later, bought a new home, a vacation condo on the ocean and lives high on the hog traveling all over the world (pre-covid) with his savings.You can easily come up with 20-30k+ per year after taxes by not saving for retirement and college. Throw in refis to cash out some equity, that's a lot of fun money. Then there's what their parents are throwing in. I save like crazy and live a pretty simple lifestyle but I plan on spending a lot on vacas with my grandkids. So many factors at play.
Do you know that to be true? Different people enjoy themselves in different ways. I personally derive a lot of happiness from knowing that I'm in a very financially secure place and I don't have to work a stressful and time consuming job to get there. Its just a different approach to happiness.That is a good plan on paper and I hope you live long to enjoy it that way. My wife uncle plan was the same as he made good money, saved, saved and invested for the future. The sad thing is he passed away at 56. His wife remarried two years later, bought a new home, a vacation condo on the ocean and lives high on the hog traveling all over the world (pre-covid) with his savings.
He was worth well over 2 million not including his paid off home when he passed and this was 20 years ago. You would never have known it, golfed with old clubs, always drove cars for 10-15 years. Never went out to eat. Actually never enjoyed himself. Had deep pockets.
So enjoy life too.
Rent a boat for the weekend. That's the way to go.
If you aren't taking the boat out like at least once a month, it's not worth it to own one, imo.
Go into the lawyer thread and ask the other trial lawyers what their weeks look like. 100 is light.
Yeah, Loreto would be my first choice. I usually go there once a year for the dorado tournament.Sweet - where in Baja? This is my Plan A as well. Don’t know if the wife is on board yet. Right now I’m thinking Loreto Bay
I guess that's relative. I should be able to retire by 60. Divorce in my late 30's wiped me out and made me start over from zero. Daughter is 2 years from college, and I'm committed to paying for her education. She wants to go to NYU, so that's going to be pricey.Yikes. Are you at least going to retire young?
Perhaps not. But most of time these conversations are quite judgemental. Maybe not here.I don't really see that in here. Pointing out that many of these folks are likely severely leveraged to support the lifestyle isn't telling anyone how to live. A fact is simply a fact. it isn't inherently judgmental.
You're not averaging 100-hour weeks are you? That sounds absolutely miserable. When I was a trial lawyer in Biglaw, I definitely had some 100-hour weeks, but it was by no means the norm. Not even close.Go into the lawyer thread and ask the other trial lawyers what their weeks look like. 100 is light.
Yeah, F that.Go into the lawyer thread and ask the other trial lawyers what their weeks look like. 100 is light.
So we finally found somewhere to stick all the lawyers...(Although I have worked over 100 hours weekly for months on end, without a country club or running water.)
That definitely wasn't my intent. Not a religious person, but I think I'd be Buddhist if I were. My beliefs align well with the second noble truth:this seems to have turned in to a "#### you if you own a boat and go on vacation" thread
never intended that
Don't get me wrong, I don't live like a Buddhist monk. I vacation at least 4 weeks every year, and agree with others that experiences are worth far more than "toys". But I don't worry about keeping up with the Joneses, and believe craving material possessions/wealth/status won't lead to fulfillment in the long term. Moreover, associated financial obligations/debt can tether one to a suboptimal job in order to pay the bills, further degrading one's happiness.Buddha’s Second Noble Truth is the origin of dukkha, or suffering. He realized that there was no way to end suffering if its cause was not known. In order to uncover the source, Buddha would listen to the “symptoms” of others and determine what makes them worse and what provided relief or improvement. This trial and error approach revealed three primary causes of suffering: desire, craving and ignorance.
Suffering Caused by Craving
Craving can cause suffering in multiple ways. Every person on the planet experiences a feeling of want at some point in their lives. It could be for anything from entertainment, food and material possessions to physical beauty and popularity. Buddhists teach that things that stimulate the senses can cause cravings.
The problem is that anything that causes cravings is short lived. None of these things lasts forever. A delicious meal will eventually be eaten and physical beauty will fade with time. The things we crave cannot provide fulfilling, long term happiness, which leads to feelings of dissatisfaction. Even if a person was allowed to constantly indulge, they would eventually feel unhappy as they grow tired of the object of their craving.
Craving and ignorance are considered close relatives in the teachings of Buddha. Before greed, hatred and negative thoughts branch out, they must take root somewhere. Buddhism explains that the roots flourish within ignorance.
True ignorance doesn’t mean a lack of education or knowledge. In Buddhism, ignorance describes an inability to see the truth. When a person cannot see things for what they really are, they will have a limited understanding of the world and will not be able to grow and improve. Ignorance also brings on delusions and misunderstanding, which cultivates negativity.
When a person shrugs off their ignorance and develops their mind, they can obtain wisdom through meditation and study. This will allow them to observe the truth and view all things as they really are. It is a necessary state to reach for a person to be able to understand the Four Noble Truths and Buddha’s teachings on suffering and life’s impermanence.
A Life without Cravings and Ignorance
Buddhists believe that living without cravings or ignorance is essential to obtaining enlightenment and finding real happiness. By banishing the veil of ignorance, a person can see the world without illusions or fear. They will also be able to stop suffering caused by cravings and develop their minds through meditation.
Well you've definitely earned it. Hopefully the pay off is worth all the sacrifice. GL.I guess that's relative. I should be able to retire by 60. Divorce in my late 30's wiped me out and made me start over from zero. Daughter is 2 years from college, and I'm committed to paying for her education. She wants to go to NYU, so that's going to be pricey.
You know what they say about the 2 most exciting days of boat ownership........we saw some folks on the river a couple weeks back. boat after boat after boat. pontoons have always intrigued me. seems like it would be relatively low cost, easy to pilot, good for the kids to relax on with friends, etc.
so i got to thinking what if i could afford one? we have a vehicle to tow it. water is close by. i'd love to kill summer weekends floating.
then i looked at the prices..... and hoooooooooooooooly #### i didn't realize they were that far out of my range. it's silly.
The best days are when you buy it and when you upgrade to one 2 feet bigger.You know what they say about the 2 most exciting days of boat ownership........
Debt and home equity I’d presumewithout getting in to the financials here, how do some of you afford the extras?
wife and i do OK. we live in a nice suburb. nice house. we both drive cars. we save money. we take one vacation per year. we're certainly not suffering (for now).
then i look at families who i know to be roughly in the same position (seemingly) and they have a cabin, a boat, 2 sea-doos, his & her ATV's, plus one each for the kids... who also have their own motorbikes... kayaks... and snowmobiles, an RV, a pop-up camper.. they just dumped 30k in to a kitchen remodel, and 15k for a new roof, then they're re-doing the driveway once they come back from Mexico for vacation.
what in the ever living #### am i doing wrong?
are you people leveraged up to your nipples? did your parents buy your first house? did you win the lottery? muling yayo for the cartel?
talk to me because i want to be like you
Not anymore, not even close. Most weeks now I’m probably more like 20.You're not averaging 100-hour weeks are you? That sounds absolutely miserable. When I was a trial lawyer in Biglaw, I definitely had some 100-hour weeks, but it was by no means the norm. Not even close.
I have a dream... That someday people are content in their own lives and are willing to let people live their lives.
People keep saying this, but I bought a used ski boat four years ago. Had to put some money into it up front, but since then haven't spent anything to maintain it other than $150 or so to winterize it each year. Will probably take it off the lake for the first time after this summer for a tune up and to fix a couple speakers that are not working (the original owner put a ridiculous number of speakers on this boat).but I'm telling you, you are DOING IT RIGHT because you NEVER want to be the guy that owns a boat. You want to be the friend of the guy that owns a boat. Those things are ridiculously expensive to maintain and keep up, etc.
Owning a boat (at least for me) has nothing whatsoever to do with craving material possessions/wealth/status. It is entirely 100% because we love boating and watersports. I would think that is the same thing for most boat owners. It lives at the lake and is never at my house, so the neighbors have no earthly idea that I even own it. It has literally never been to my house. Just like for those who go on elaborate vacations, I think most go for the experience and the memories, not because they want to show off their extravagant vacation pictures on social media to their friends.That definitely wasn't my intent. Not a religious person, but I think I'd be Buddhist if I were. My beliefs align well with the second noble truth:
Don't get me wrong, I don't live like a Buddhist monk. I vacation at least 4 weeks every year, and agree with others that experiences are worth far more than "toys". But I don't worry about keeping up with the Joneses, and believe craving material possessions/wealth/status won't lead to fulfillment in the long term. Moreover, associated financial obligations/debt can tether one to a suboptimal job in order to pay the bills, further degrading one's happiness.