Plus.. any positive cash flow from ages 60-95 can really add up

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Jul 31, 2020
8:29:37am

cougfanz Truly Addicted User

That + ss + not tapping into retirement as much = good for the kids

This message has been modified

Originally posted on Jul 31, 2020 at 8:29:37am

Message modified by cougfanz on Jul 31, 2020 at 8:29:53am

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cougfanz

Previous username: ndfan
Bio page: cougfanz
Joined: May 15, 2011
Last login: Apr 25, 2024
Total posts: 17,961 (1 FO)

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Messages

Author

Time

Went to a stake conference once where Elder Perry went off on this topic

Gustav

7/31/20 8:06am

What a weird thing to talk about in a church setting

Slim

7/31/20 8:07am

Not really. Hearing him talk about stuff we all deal with is endearing, IMO.

Iman23

7/31/20 8:09am

I remember the first time my parents paid off all of our mortgages.

Ojiisan

7/31/20 8:11am

I meant more generally - inheritances and family issues. It's something that

Iman23

7/31/20 8:13am

🤷 I don’t talk to my parents much and I’d be lucky not to inherit their debt

Slim

7/31/20 8:21am

<< Deleted >>

Iman23

7/31/20 10:55am

You have to wait until they secure that huge Apostle salary of $140k a year.

ordinary tri guy

7/31/20 8:18am

Some of those book contracts help, & they can sit on the boards of corps, right?

ReyOso

7/31/20 8:27am

Plus.. any positive cash flow from ages 60-95 can really add up

cougfanz

7/31/20 8:29am

They do not sit on boards any longer and haven't for probably 20 years

kansascougar

7/31/20 8:53am

Vice President and treasurer of several retail businesses.

md7Coug

7/31/20 8:34am

I believe that is now prohibited

cosmos son

7/31/20 6:48pm

That was Elder Perry’s career path pre-church service.

kansascougar

7/31/20 6:52pm

Can you even imagine how big a down line he could’ve had?

scootsy

7/31/20 8:41am

He was old. Plus they have no expenses. $140K for 50 years with no expenses

macdizzle

7/31/20 8:56am

Fair point as I think we only look at those that step down in salary not up.

ordinary tri guy

7/31/20 9:23am

I disagree with your self-limiting view of church but I think a lot of people

rcbyufan

7/31/20 8:31am

Debt has been a frequent topic of talks by general authorities. It was one of

BerkeleyCoug

7/31/20 8:39am

what's wrong with wanting to live in Utah? Even taking lesser opportunities?

EEcougar

7/31/20 8:29am

Being there and understanding the context would probably help

md7Coug

7/31/20 8:36am

Nothing inherently wrong with it

Gustav

7/31/20 8:38am

Anecdotal story that happened to me

md7Coug

7/31/20 8:44am

Forzaitalia

7/31/20 12:13pm

can't blame them. Houston really really sucks to live in

Mayor of Cougartown

8/1/20 4:40pm

RE: Nothing inherently wrong with it

85fan

7/31/20 1:39pm

If you feel Utah is best place to raise your kids, then it is inherently wrong

viper

7/31/20 2:59pm

For very few people would I expect that to be the case

Gustav

7/31/20 3:27pm

I grew up in California, but spent a few high school years in Ut. Ut definitely

viper

7/31/20 4:10pm

Living away from family, it would sure be nice to live by family and at least be

cougaman

7/31/20 3:15pm

Neighbors just had their renters move out of the basement this week. They’re

maxpowers

7/31/20 8:39am

Because it’s more important to stretch ourselves and grow than to

garyfan

7/31/20 8:47am

I have two brother-in-laws that have refused to live more than 5 minutes from my

BerkeleyCoug

7/31/20 8:48am

Moving away from family was the best thing we did for our marital and personal

Powerbait DPM

7/31/20 10:38pm

It's a personal choice and no one is telling a specific person to leave Utah.

califcougar

7/31/20 10:20am

I'm sometimes amazed at the pay-cuts some of my friends are willing to take to

Judge Judy

7/31/20 8:42am

I don't get it either. I don't know if it is a lack of independence (on the

vegasnative

7/31/20 11:03am

Generally most people inheriting money will go out and spend most of it, IMO.

Forzaitalia

7/31/20 11:53am

I want to be close to people I value most. Thus, Utah. Family > career for me.

doups3

7/31/20 12:14pm

I'll be relocating from Utah county to Austin TX in the next few months for a

creameryon9th

7/31/20 1:14pm

It can be incredibly hard to form strong friendships with neighbors in Utah for

BringYourUltimate

7/31/20 1:34pm

So lets say you live in southern california near your family and her family

cambo

8/1/20 2:06am

Tbh it would be a family event plus friends and neighbors. I would say 90+%

creameryon9th

8/1/20 9:15am

My wife and I were in Austin for 3 years but graduated and moved back to UT but

Cougphysio

8/1/20 6:52pm

Nothing is more normal than wanting to live near family. This is what the vast

valleus

8/1/20 8:42am

it's not more complicated than people want to live near their mom.If I say mommy

Mayor of Cougartown

8/1/20 9:20am

I love Elder Perry--so down to earth, tell it like it is. Feel same way about El

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