Send CathInfo's owner Matthew a gift from his Amazon wish list:
https://www.amazon.com/hz/wishlist/ls/25M2B8RERL1UO

« previous next »
Pages: [1]

Author Topic: Retirement Obsession  (Read 1506 times)

0 Members and 2 Guests are viewing this topic.

Online Everlast22

  • Supporter
  • ***
  • Posts: 942
  • Reputation: +824/-217
  • Gender: Male
Retirement Obsession
« on: August 25, 2025, 01:43:01 PM »
  • Thanks!1
  • No Thanks!2
    • I personally don't care about my personal retirement. What is the obsession with retirement? IS it THAT Jєωιѕн?

    I have little to no debt (yes, a few hundred in CC payments), and I make about 100k a year in my early 30's.
    I have plenty of money saved and probably will when I am 65-70, but there seems like this satanic obsession of selfishness of retiring "comfortably". I care nothing about what happens when I retire other than the well being of my family. However, they are making it very hard for one income families. I understand sacrificing and budgeting, I just can't stand the thought of my money being stolen from me. I guess that's already happening, though.

    Is this boomer retirement obsession going away? Why do families not mandate sticking together if they are traditional Catholics? What do we need to be doing in the near future to secure our NEEDS and SAFETY for our children? 



    Logged

    Offline SimpleMan

    • Hero Member
    • *****
    • Posts: 5036
    • Reputation: +1975/-245
    • Gender: Male
    Re: Retirement Obsession
    « Reply #1 on: August 25, 2025, 03:34:01 PM »
  • Thanks!6
  • No Thanks!0
    • Quote from: Everlast22 on August 25, 2025, 01:43:01 PM
    I personally don't care about my personal retirement. What is the obsession with retirement? IS it THAT Jєωιѕн?

    I have little to no debt (yes, a few hundred in CC payments), and I make about 100k a year in my early 30's.
    I have plenty of money saved and probably will when I am 65-70, but there seems like this satanic obsession of selfishness of retiring "comfortably". I care nothing about what happens when I retire other than the well being of my family. However, they are making it very hard for one income families. I understand sacrificing and budgeting, I just can't stand the thought of my money being stolen from me. I guess that's already happening, though.

    Is this boomer retirement obsession going away? Why do families not mandate sticking together if they are traditional Catholics? What do we need to be doing in the near future to secure our NEEDS and SAFETY for our children?

    Some people get to where they can't work anymore.  Nothing Levantine about it.

    If you are making that kind of money, you should easily be able to put away at least something.  I, too, care about my family (just my son), I could live very well by spending down everything I have saved, and my other assets, but I need to be able to leave as much to him as possible, so I live frugally for his sake, not mine.  He is a white male, so he's already got at least two strikes against him.  Life is tough and it's better to have too much than too little.  You never know what is around the bend, and I've found that wherever there is a temporal pitfall in life, a little cash on hand softens the blow.
    Logged

    Offline ElwinRansom1970

    • Supporter
    • ***
    • Posts: 1066
    • Reputation: +813/-157
    • Gender: Male
    • γνῶθι σεαυτόν - temet nosce
    Re: Retirement Obsession
    « Reply #2 on: August 25, 2025, 06:46:02 PM »
  • Thanks!5
  • No Thanks!0
    • Retirement and old age pensions are very much Catholic, fruits of Catholic Social Teaching (cf., Leo XIII, Puts XI).
    Logged
    "I distrust every idea that does not seem obsolete and grotesque to my contemporaries."
    - Nicolás Gómez Dávila

    Offline alaric

    • Sr. Member
    • ****
    • Posts: 3384
    • Reputation: +2492/-435
    • Gender: Male
    Re: Retirement Obsession
    « Reply #3 on: August 26, 2025, 04:45:23 AM »
  • Thanks!2
  • No Thanks!0
    • Retirement is good in the sense that when you lose the ability to work everyday, you don't HAVE to keep going until you drop at your work station or place of work.

    Problem is the boomer generation abused the retirement and social security system in so much excess for themselves, that they broke the system for the proceeding generations, who are now burdened with paying off for them to live in excess until they go to the grave. Their greed and sense of entitlement ruined the entire retirement system as we know it.

    But the Church was pivotal in helping define  biblically based labor standards and enabling the elderly the  financial protection of a pension in later years of life. It was NOT meant for people to stop working fairly early and live lavishly for the rest of their lives, especially at the expense of future generations.
    Logged

    Online Everlast22

    • Supporter
    • ***
    • Posts: 942
    • Reputation: +824/-217
    • Gender: Male
    Re: Retirement Obsession
    « Reply #4 on: August 26, 2025, 07:28:58 AM »
  • Thanks!2
  • No Thanks!0
    • Quote from: alaric on August 26, 2025, 04:45:23 AM
    Problem is the boomer generation abused the retirement and social security system in so much excess for themselves, that they broke the system for the proceeding generations, who are now burdened with paying off for them to live in excess until they go to the grave. Their greed and sense of entitlement ruined the entire retirement system as we know it.
    I don't have a problem with retiring or not working past 65, I think we all would "want" that, but this attitude is dangerous to our future families right now. 
    I think we are gonna go out fighting, and it's going to be inevitable. That's how we need to look at things going forward. No time to be comfortable or lazy, wanting that fake American dream. 

    Logged

    Offline SimpleMan

    • Hero Member
    • *****
    • Posts: 5036
    • Reputation: +1975/-245
    • Gender: Male
    Re: Retirement Obsession
    « Reply #5 on: August 26, 2025, 10:18:36 AM »
  • Thanks!2
  • No Thanks!0
    • Quote from: alaric on August 26, 2025, 04:45:23 AM
    Problem is the boomer generation abused the retirement and social security system in so much excess for themselves, that they broke the system for the proceeding generations, who are now burdened with paying off for them to live in excess until they go to the grave. Their greed and sense of entitlement ruined the entire retirement system as we know it.
    Oh, believe you me, friend, this "boomer" definitely does not "live in excess".  My Social Security and pension are both very modest (I never made all that much money), and other proceeds I have are subject to the vagaries of the markets.  I don't buy a thing I don't absolutely need, and I eat as economically as possible.  Most of my meals are simple, small ones at home.  Thankfully, my son has no expectations of going to any expensive college, and I have my home and car paid for free and clear.  
    Logged

    Offline Miseremini

    • Hero Member
    • *****
    • Posts: 4608
    • Reputation: +3671/-320
    • Gender: Female
    Re: Retirement Obsession
    « Reply #6 on: August 26, 2025, 12:01:04 PM »
  • Thanks!2
  • No Thanks!0
    • Quote from: alaric on August 26, 2025, 04:45:23 AM
    Problem is the boomer generation abused the retirement and social security system in so much excess for themselves, that they broke the system for the proceeding generations, who are now burdened with paying off for them to live in excess until they go to the grave. Their greed and sense of entitlement ruined the entire retirement system as we know it.
    How did the boomers break the system?  Everyone was forced to pay into the system for their retirement and the government promised to invest that money for them.  Then the government SPENT/USED that money instead and the retirees are getting much less now than if they had invested it themselves.  That's what happened in Canada.
    Don't blame the victims of the system because now the working generations are also the victims of a corrupt government.

    P.S.  Here we have large companies companys closing and people who paid into retirement funds (mandatory) for decades are told...Sorry there's nothing left.
    Logged
    "Let God arise, and let His enemies be scattered: and them that hate Him flee from before His Holy Face"  Psalm 67:2[/b]

    Offline FarmerWife

    • Supporter
    • ***
    • Posts: 606
    • Reputation: +393/-45
    • Gender: Female
    Re: Retirement Obsession
    « Reply #7 on: August 26, 2025, 01:22:39 PM »
  • Thanks!0
  • No Thanks!0
    • We live on a homestead and we would want to help our kids financially (if they needed a house, for example) and create generational wealth. We are reliant on my husband's income, he works as a programmer and has good job security. But, anything can happen in 10-20 years, so it's also good to have some passive income and investments. If your job is manual labour, you'll definitely not be able to work that job forever. 

    I do think it's sad when boomers (with a high net worth) are going on cruise after cruise (I'm not talking about all boomers duh), and their kids are struggling. Of course these kids might be irresponsible but this describes the millenial generation, working much harder than their parents.  
    Logged

    Offline SimpleMan

    • Hero Member
    • *****
    • Posts: 5036
    • Reputation: +1975/-245
    • Gender: Male
    Re: Retirement Obsession
    « Reply #8 on: August 26, 2025, 01:43:02 PM »
  • Thanks!1
  • No Thanks!0
    • Quote from: FarmerWife on August 26, 2025, 01:22:39 PM
    We live on a homestead and we would want to help our kids financially (if they needed a house, for example) and create generational wealth. We are reliant on my husband's income, he works as a programmer and has good job security. But, anything can happen in 10-20 years, so it's also good to have some passive income and investments. If your job is manual labour, you'll definitely not be able to work that job forever.

    I do think it's sad when boomers (with a high net worth) are going on cruise after cruise (I'm not talking about all boomers duh), and their kids are struggling. Of course these kids might be irresponsible but this describes the millenial generation, working much harder than their parents. 

    I have already set my son up with a house, I owned a smaller one already, and inherited a larger one from my parents.  He lives in the bungalow and I live in the big house (they're on the same street).  As long as he can get some kind of minimal job (I'd like eventually to see more out of him than that), enough to cover taxes, insurance, utilities, HOA fees, and ideally, foregone income on what the value of the house would be if it were sold and the proceeds invested, as well as providing for his own basic living expenses, we can keep both houses indefinitely.  I try to remind him what kind of catbird seat he sits in as regards home ownership, but at 18 it doesn't quite register with him yet.
    Logged

    Offline FarmerWife

    • Supporter
    • ***
    • Posts: 606
    • Reputation: +393/-45
    • Gender: Female
    Re: Retirement Obsession
    « Reply #9 on: August 26, 2025, 01:51:19 PM »
  • Thanks!0
  • No Thanks!0
    • Quote from: SimpleMan on August 26, 2025, 01:43:02 PM
    I have already set my son up with a house, I owned a smaller one already, and inherited a larger one from my parents.  He lives in the bungalow and I live in the big house (they're on the same street).  As long as he can get some kind of minimal job (I'd like eventually to see more out of him than that), enough to cover taxes, insurance, utilities, HOA fees, and ideally, foregone income on what the value of the house would be if it were sold and the proceeds invested, as well as providing for his own basic living expenses, we can keep both houses indefinitely.  I try to remind him what kind of catbird seat he sits in as regards home ownership, but at 18 it doesn't quite register with him yet.
    That's good to hear. Yes, he's fortunate to have a parent who looks out for his future. 
    Logged

    Offline Seraphina

    • Hero Member
    • *****
    • Posts: 4311
    • Reputation: +3298/-345
    • Gender: Female
    Re: Retirement Obsession
    « Reply #10 on: August 26, 2025, 03:06:57 PM »
  • Thanks!2
  • No Thanks!0
    • Those who are “obsessed” with retirement are probably in for a rude awakening.
    To have NO plans for your last days, is usually imprudent at best, a burden to your survivors, or a person in a state of denial. 
    Each person will have different plans depending upon many factors.
    Be aware many retirement plans, those of stereotypical Boomers icluded, do not pan out.
    God had other plans in mind. 
    Logged
    Pages: [1]
    « previous next »