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Apr 15, 2024
4:07
:49
pm
BYU Grounds
Intervention Needed
It wasn't a waste, they were depression era kids, it was security to them. Half of it was their house.
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BYU Grounds
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BYU Grounds
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Jul 11, 2002
Last login
May 29, 2024
Total posts
42,527 (1,999 FO)
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Messages
Author
Time
I'm curious to know everyone's thoughts on the "Die With Zero" retirement plan.
Jeff Spicoli
Apr 15, 2:53pm
I want to leave my kids something
TADOW
Apr 15, 2:55pm
Leave them a legacy of faith.
Y-Zag
Apr 15, 2:56pm
But also money.
brj8
Apr 15, 3:03pm
“Here’s a truckload of Faith, kids — now take that to the bank!”
Zach Morris
Apr 15, 3:13pm
I like what he says about helping more now and leaving less for later
RC Vikings
Apr 15, 2:59pm
Is it though? How helpful is a new washer dryer? Some struggle is good.
Coach's Dad
Apr 15, 3:24pm
I agree a little struggle is good but buying my son and his wife a new washer
RC Vikings
Apr 15, 3:28pm
Sure there’s a balance. What about buying them a used washer/dryer? When I was
Coach's Dad
Apr 15, 3:34pm
My time is worth a lot more than I would save buying used, I don't want to go
RC Vikings
Apr 15, 3:39pm
All those people holding signs at intersections just outlived their retirements?
Cougar Junkie
Apr 15, 2:55pm
I wish my parents had. My 4 sisters have split into to teams and I am
Y-Zag
Apr 15, 2:55pm
How does the plan even work? Do you off yourself when your money runs out?
darkcoug
Apr 15, 2:56pm
He talks about using annuities as a vehicle to hold you through
RC Vikings
Apr 15, 3:02pm
I just want to go on a very long hike, maybe a little rock climbing. TNT knows -
Q-grr
Apr 15, 7:58pm
My parents when they passed had a millon
BYU Grounds
Apr 15, 2:56pm
What a waste. Too bad they didn’t enjoy using it all.
kotacoug
Apr 15, 3:09pm
are you serious about it being a waste?
Fightgar
Apr 15, 3:12pm
The idea of leaving a million dollars to your kids is a waste..
kotacoug
Apr 15, 3:41pm
I don't think he said that his parents were frugal, did he?
Fightgar
Apr 15, 9:11pm
It wasn't a waste, they were depression era kids, it was security to them. Half of it was their house.
BYU Grounds
Apr 15, 4:07pm
They had a lot of peace of mind. That can be huge.
Q-grr
Apr 15, 8:00pm
I’m up for the Midsommar retirement plan
Elrond Hubbard
Apr 15, 2:59pm
RE: I’m up for the Midsommar retirement plan
Jeff Spicoli
Apr 15, 3:02pm
Good idea if you're rich. Vast majority of Americans need to save more, not less
runnincoug
Apr 15, 3:01pm
<< Deleted >>
gopman
Apr 15, 3:02pm
Does that plan mean you're funding someone's pet charities?
2FarGone
Apr 15, 3:03pm
It’s smart, but give your kids their inheritance before they’re 40. Too many
valleus
Apr 15, 3:07pm
So if they spend it earlier what replaces that nursing home and health care fund
DiamondMo
Apr 15, 3:22pm
I plan on dying with zero in cash/liquid investments. I will leave them real
cougarim
Apr 15, 3:08pm
Are you an extreme saver? Do you ever splurge on your hobbies? Answer those 2
homegrown
Apr 15, 3:08pm
It got me thinking and did decide I should pass down more money sooner rather
Trent
Apr 15, 3:20pm
Don't like it.
BlueFever
Apr 15, 3:22pm
The concept is good. The guy that is the biggest promotor of the idea is lame.
kccougar
Apr 15, 3:26pm
yeah, his examples were weird, like taking his whole family to a private island
runnincoug
Apr 15, 4:17pm
I wish my parents followed that plan.
SeasideJo
Apr 15, 4:34pm
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