Author Topic: Anyone else planning to retire early?  (Read 3049 times)

0 Members and 1 Guest are viewing this topic.

Offline notaDUmmie

  • Full Member
  • ***
  • Posts: 367
  • Reputation: +62/-7
  • MDT 5/20/96-6/19/15
Anyone else planning to retire early?
« on: July 01, 2012, 03:22:42 PM »
If this has already been posted, I apologize, but it's been burning me up since I read  it.


http://www.democraticunderground.com/1002878851#post20

Quote
kelly1mm (1,900 posts)

 Anyone else planning on retiring early due to the availability of health insurance
Last edited Fri Jun 29, 2012, 04:28 PM USA/ET - Edit history (2)

at 133% of the poverty level with no asset limits? I am. I am 41 and wife 43. No kids, paid for house/farm, non-tax deferred investments will generate about 17K per year so just make the 133% of poverty line limit for medicaid insurance. Since we grow most of our own food , heat with wood, have solar panels/well, and no debt, our living expenses are less than 12k per year now. We have been thinking of retiring early but health care for the next 20+ years was the big stumbling block.

I think you will see LOTS of people like my wife and I leaving the ranks of the corporate world as there are many that are working now just for the health benefits.

Is anyone else planning to retire early in 2014? Do you think this will be a trend? Will it be a good thing or a bad thing? Should open some spots for the younger generation in the workplace but lose alot of tax revenue from older workers.


So, I just sent the following to Martin O'Malley, Governor of Maryland, and the OPs hero:

Quote
Congrats on your victory regarding healthcare law...your fine citizens will no doubt be pleased to see their taxes go up even more to support people such as the one described below:

"Anyone else planning on retiring early due to the availability of health insurance
Last edited Fri Jun 29, 2012, 04:28 PM USA/ET - Edit history (2)

at 133% of the poverty level with no asset limits? I am. I am 41 and wife 43. No kids, paid for house/farm, non-tax deferred investments will generate about 17K per year so just make the 133% of poverty line limit for medicaid insurance. Since we grow most of our own food , heat with wood, have solar panels/well, and no debt, our living expenses are less than 12k per year now. We have been thinking of retiring early but health care for the next 20+ years was the big stumbling block."
He goes on to discuss how since there is no longer an asset requirement for Medicaid, he can retire with his $500,000 in the bank, and let the good citizens of Maryland pay for his healthcare.  He assures everyone on the thread that his governor, Martin O'Malley, will ensure that people like him have free healthcare.  You must be so proud. The link below takes you to the whole story.  I thank God every day that when we had to decide back in 2000 whether to move to Maryland or  Virginia, we chose Virginia.
http://www.democraticunderground.com/1002878851#post20

Offline Bad Dog

  • Hero Member
  • *****
  • Posts: 5927
  • Reputation: +314/-313
  • God help me I do love it so
Re: Anyone else planning to retire early?
« Reply #1 on: July 01, 2012, 03:25:20 PM »
Perfect parasites.

Offline DumbAss Tanker

  • Hero Member
  • *****
  • Posts: 28493
  • Reputation: +1710/-151
Re: Anyone else planning to retire early?
« Reply #2 on: July 01, 2012, 03:44:42 PM »
There was another thread about this a couple of days ago, but I'm not tracking which forum it was on or what's become of it in the meantime.  This particular DUmmie is flirting with disaster with a retirement plan that essentially boils down to living hand to mouth forever, with the Government supplying at least two of the fingers on that hand.  A hundred things could topple his strategy, from market turbulence blanking the investments, to new government regulations on burning wood for heat, to simple old age or infirmity making it too tough to cut wood or garden...and if anything like that does befall him, getting re-employed after taking 10 or 15 years off to play Woods Elf is going to be a whole lot harder than he is apparently thinking now.
Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

Anything worth shooting once is worth shooting at least twice.

Offline Vagabond

  • Hero Member
  • *****
  • Posts: 2478
  • Reputation: +166/-52
Re: Anyone else planning to retire early?
« Reply #3 on: July 01, 2012, 03:47:21 PM »
Wait.  Are tehse DUmmies planning to go Galt?
There comes a time when even good men must run up the black flag of anarchy and slit throats. - H.L. Mencken

Offline Bad Dog

  • Hero Member
  • *****
  • Posts: 5927
  • Reputation: +314/-313
  • God help me I do love it so
Re: Anyone else planning to retire early?
« Reply #4 on: July 01, 2012, 03:49:10 PM »
I'm hoping he and his wife quit their jobs & settle into their hammock just in time for the new Republican Senate & President to stomp their freeloader dreams.

Offline DumbAss Tanker

  • Hero Member
  • *****
  • Posts: 28493
  • Reputation: +1710/-151
Re: Anyone else planning to retire early?
« Reply #5 on: July 01, 2012, 03:51:12 PM »
Wait.  Are tehse DUmmies planning to go Galt?

Not as I read it, "Going Galt" does not usually depend on substantial Government largesse that you maneuver into eligibility for by quitting your job and limiting your taxable income.  Government handouts are a very large part of this idiot's long-range household financial plan.
Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

Anything worth shooting once is worth shooting at least twice.

Offline Chariot

  • Probationary (Probie)
  • Posts: 26
  • Reputation: +5/-0
Re: Anyone else planning to retire early?
« Reply #6 on: July 01, 2012, 03:56:50 PM »
I personally cannot stand the thought of that in 2 years I will be paying for this jerk's healthcare. 2014 is when I turn 18 too so; perfect timing.

Offline Bad Dog

  • Hero Member
  • *****
  • Posts: 5927
  • Reputation: +314/-313
  • God help me I do love it so
Re: Anyone else planning to retire early?
« Reply #7 on: July 01, 2012, 03:57:08 PM »
Not as I read it, "Going Galt" does not usually depend on substantial Government largesse that you maneuver into eligibility for by quitting your job and limiting your taxable income.  Government handouts are a very large part of this idiot's long-range household financial plan.

I don't know if his/her/its facts are true about assets no longer considered for Medicaid eligibility. But, this asshole plans to get Medicaid with a fully owned farm & around $800K cash assets.

Edit to add, And the DUmmies are cheering him on.

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1998/-134
Re: Anyone else planning to retire early?
« Reply #8 on: July 01, 2012, 04:01:24 PM »
Typical DUmmie mindset....why work when others will support my sorry ass.  :argh:

Notice he says he's not going to be paying taxes on investments and doesn't say he won't be working on the side for cash.

I could have ridden the disability gravy train for 10 years after my heart attack but didn't....even waited two years past the age I could have retired to draw SS.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline Kyle Ricky

  • Hero Member
  • *****
  • Posts: 7596
  • Reputation: +614/-1086
Re: Anyone else planning to retire early?
« Reply #9 on: July 01, 2012, 04:25:09 PM »
Anyone with a brain would wait until after the election. Then no one ever said the liberals have a brain either.

Offline formerlurker

  • Hero Member
  • *****
  • Posts: 9692
  • Reputation: +802/-833
Re: Anyone else planning to retire early?
« Reply #10 on: July 01, 2012, 04:37:31 PM »
Perfect parasites.

I have never seen so many congregated in one place before - I can't get over it.  They have no shame whatsoever.


Offline MrsSmith

  • Hero Member
  • *****
  • Posts: 5977
  • Reputation: +466/-54
Re: Anyone else planning to retire early?
« Reply #11 on: July 01, 2012, 04:43:42 PM »
If they actually have jobs, their retirement will give someone with an actual work ethic a chance at a job.  When their property and investment taxes skyrocket and they need more income, no one will be interested.   :rotf:
.
.


Antifa - the only fascists in America today.

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1998/-134
Re: Anyone else planning to retire early?
« Reply #12 on: July 01, 2012, 04:44:16 PM »
I have never seen so many congregated in one place before - I can't get over it.  They have no shame whatsoever.



Just this one time...they'd probably tell you "Pride is a sin"...and they have no pride.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline Bad Dog

  • Hero Member
  • *****
  • Posts: 5927
  • Reputation: +314/-313
  • God help me I do love it so
Re: Anyone else planning to retire early?
« Reply #13 on: July 01, 2012, 05:02:15 PM »
They didn't have the balls to say it but, I bet they go for food stamps too. Scum sucking parasites.

Offline DumbAss Tanker

  • Hero Member
  • *****
  • Posts: 28493
  • Reputation: +1710/-151
Re: Anyone else planning to retire early?
« Reply #14 on: July 01, 2012, 06:20:57 PM »
Hey DUmmie kellyetc., I've already retired - without depending on gratuitpous handouts, just earned but deferred compensation from three sources...and, though it will take about two more years for all the pieces to move into their final places, when that happens, I'll be getting considerably more take-home pay every month than when I was working full time.  By the way, I was just a bit over the six figure line for gross pay when I did retire.  So bite me, freeloader.

 :tongue:
Go and tell the Spartans, O traveler passing by
That here, obedient to their law, we lie.

Anything worth shooting once is worth shooting at least twice.

Offline notaDUmmie

  • Full Member
  • ***
  • Posts: 367
  • Reputation: +62/-7
  • MDT 5/20/96-6/19/15
Re: Anyone else planning to retire early?
« Reply #15 on: July 01, 2012, 06:55:20 PM »
Hey DUmmie kellyetc., I've already retired - without depending on gratuitpous handouts, just earned but deferred compensation from three sources...and, though it will take about two more years for all the pieces to move into their final places, when that happens, I'll be getting considerably more take-home pay every month than when I was working full time.  By the way, I was just a bit over the six figure line for gross pay when I did retire.  So bite me, freeloader.

 :tongue:

H5!

Offline dandi

  • Live long, and piss off liberals.
  • Hero Member
  • *****
  • Posts: 3341
  • Reputation: +553/-28
Re: Anyone else planning to retire early?
« Reply #16 on: July 01, 2012, 07:21:03 PM »
If you had presented that DUmmy's scenario to to DU just a few days ago, they would have sputtered, "Th-th-that's a bullshit RW talking point! No one's going to work the system like that!" :rant:

Doen't seem very civic-minded, the DUmmy's unwillingness to continue working and paying taxes into the system for the good of das kollectiv.
I don't want...anybody else
When I think about me I touch myself

Offline seahorse513

  • I don't take shit from anyone!!
  • Hero Member
  • *****
  • Posts: 5260
  • Reputation: +492/-247
  • British by birth, American thru naturalization
Re: Anyone else planning to retire early?
« Reply #17 on: July 01, 2012, 08:12:38 PM »
I don't plan to retire till I am 70, I don't think I could afford to retire before then....Not to mention I would be bored out of my mind. I might not be at Walmart till then,but I will still be workin...
The sea is treacherous, but an even hand on the keel brings it safely to port.

Nothing is sexier than a man and his gun!!!

A man should prefer his own company to that of others, because no matter where he goes,he'll find himself there..

"The problem with socialism is that eventually you run out of other people's money".  Lady Maggie Thatcher

Offline sybilll

  • Hero Member
  • *****
  • Posts: 1453
  • Reputation: +114/-10
Re: Anyone else planning to retire early?
« Reply #18 on: July 01, 2012, 08:47:18 PM »
How the F'ing F did I miss this?  I have paid very close attention to the ObamaCare debate.  Thank you so much for bringing this over (and raising my blood pressure through the stratosphere).  Excuse me, but it is utter bullshit that their motivation is to free up jobs for younger persons, you are taking resources meant for the needy.   I don't give a hot damn the consequences of it, but I am sending that thread to a myriad of blogs and journalists. 

Offline Kyle Ricky

  • Hero Member
  • *****
  • Posts: 7596
  • Reputation: +614/-1086
Re: Anyone else planning to retire early?
« Reply #19 on: July 01, 2012, 10:07:14 PM »
You know, after thinking about this for a couple of hours I came to the conclusion of just letting them retire. I mean we pay for all they have now anyhow, so how is it going to be any different? That is how they do it. Liberal are all lazy welfare bums who have a major entitlement complex. They do nothing but spend their day standing there waiting for their next hand out.

Offline Ballygrl

  • Lipstick Renegade
  • Hero Member
  • *****
  • Posts: 14934
  • Reputation: +983/-120
Re: Anyone else planning to retire early?
« Reply #20 on: July 02, 2012, 10:30:27 AM »
I sent that post to Rush, I have to run out and won't be able to listen for like an hour, can someone please let me know if Rush mentions this?
Quote
"The nation that couldn’t be conquered by foreign enemies has been conquered by its elected officials" odawg Free Republic in reference to the GOP Elites who are no difference than the Democrats

Offline Kyle Ricky

  • Hero Member
  • *****
  • Posts: 7596
  • Reputation: +614/-1086
Re: Anyone else planning to retire early?
« Reply #21 on: July 02, 2012, 10:40:19 AM »
I sent that post to Rush, I have to run out and won't be able to listen for like an hour, can someone please let me know if Rush mentions this?

I will. It would be cool if he mentions it, and then gives props to the Conservative Cave.

Offline docstew

  • Hero Member
  • *****
  • Posts: 4741
  • Reputation: +282/-187
  • My Wife is awesome!
Re: Anyone else planning to retire early?
« Reply #22 on: July 03, 2012, 05:53:59 AM »
I will. It would be cool if he mentions it, and then gives props to the Conservative Cave.

He won't give us the props... he has a policy of not mentioning websites. Something about they always crash 30 seconds later.

Would be nice if he sent out an email shoutout to the Rush 24/7 crowd.

Offline Wineslob

  • Hero Member
  • *****
  • Posts: 14480
  • Reputation: +816/-193
  • Sucking the life out of Liberty
Re: Anyone else planning to retire early?
« Reply #23 on: July 03, 2012, 01:59:36 PM »
I guess we'll need to modify the saying : "Work harder! Millions more on welfare are counting on you!"
“The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt. People must again learn to work, instead of living on public assistance.”

        -- Marcus Tullius Cicero, 55 BC (106-43 BC)

The unobtainable is unknown at Zombo.com



"Practice random violence and senseless acts of brutality"

If you want a gender neutral bathroom, go pee in the forest.

Offline Kyle Ricky

  • Hero Member
  • *****
  • Posts: 7596
  • Reputation: +614/-1086
Re: Anyone else planning to retire early?
« Reply #24 on: July 03, 2012, 02:45:18 PM »
I guess we'll need to modify the saying : "Work harder! Millions more on welfare are counting on you!"