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BIGLAWmos what are your plans for retirement & how do you think they differ
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Date: July 19th, 2018 10:35 PM Author: Contagious Wrinkle from the "average" person's?
What are your thoughts abt retirement age? lifestyle hoaps? |
Date: July 19th, 2018 10:38 PM Author: Transparent persian sandwich Days until retirement: 13,500 Projected Age at Retirement: 75 Reason for Retirement: 100% incapacitation (or death) View on retirement: I won’t have time, health, hobbies, or family to fall back on. |
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Date: July 19th, 2018 10:40 PM Author: Contagious Wrinkle Seriously? Why not just stack cash and quit young? I am a prole, fyi |
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Date: July 19th, 2018 10:41 PM Author: Transparent persian sandwich I haven’t been able to effectively stack cash to date. Doubt this will Change in the coming years. |
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Date: July 19th, 2018 10:44 PM Author: Contagious Wrinkle What prevents you from doing this? It seems like so much money (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36462976) |
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Date: July 19th, 2018 10:46 PM Author: Transparent persian sandwich I’m 37 and have a net worth of $600kish. There’s no way out. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36462991) |
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Date: July 19th, 2018 10:51 PM Author: Contagious Wrinkle Jfc. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463032) |
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Date: July 19th, 2018 10:44 PM Author: cream ungodly property Former biglawmo. I don’t plan to retire — I don’t know what I would do with myself. I’ll have plenty of cash to retire early but not desire to. That could change in 30 years of course. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36462980) |
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Date: July 19th, 2018 10:46 PM Author: Contagious Wrinkle Are you still practicing law? (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36462986) |
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Date: July 19th, 2018 10:47 PM Author: cream ungodly property Yes. Inhousemo. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463001) |
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Date: July 19th, 2018 10:50 PM Author: Contagious Wrinkle Do you enjoy it? Enough to do it long after you no longer must? (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463023) |
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Date: July 19th, 2018 10:54 PM Author: cream ungodly property No. I will probably eventually transition to something more enjoyable. May become a gentleman shitlawyer in my 60s and 70s idk. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463049) |
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Date: July 19th, 2018 10:56 PM Author: Contagious Wrinkle 180. I am counting the days til I can get out but its a lot of days. I wish I enjoyed it that much (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463065) |
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Date: July 19th, 2018 10:58 PM Author: stirring naked native What do u do (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463087) |
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Date: July 19th, 2018 11:32 PM Author: Contagious Wrinkle Lawyer. Not very enthusiastic (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463319) |
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Date: July 19th, 2018 11:01 PM Author: big messiness how long were you in BIGLAW?
how much did you save up while in BIGLAW?
would you consider just doing something totally different when you're 50 or so? like Uber driver or whatever if you don't need a ton of cash. |
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Date: July 19th, 2018 11:03 PM Author: cream ungodly property 5 years. Including savings since then ~750k. Yes I would. I don’t think I will ever do nothing, health permitting. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463125) |
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Date: July 19th, 2018 11:04 PM Author: big messiness that's a lot considering you were only there 5 yrs. what percent was from BIGLAW vs. in house vs. compounding interest/gains? (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463130) |
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Date: July 19th, 2018 11:08 PM Author: cream ungodly property I’d have to do a lot of math to figure that out bro, especially pulling out the compound interest. My savings continue to be high since biglaw. Probably the same on average — less than in my 5th year but more than in my first 2. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463155) |
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Date: July 19th, 2018 11:10 PM Author: flesh bawdyhouse SLAY BigLawMan SLAY (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463170) |
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Date: July 19th, 2018 11:05 PM Author: Vibrant gay temple 750K is impressive as fuck unless you've been in-house for like 10 years. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463134) |
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Date: July 19th, 2018 11:06 PM Author: cream ungodly property 3 years (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463140) |
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Date: July 19th, 2018 11:06 PM Author: Vibrant gay temple what are your tips for following your lead? (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463146) |
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Date: July 19th, 2018 11:10 PM Author: cream ungodly property Make a lot of money and keep major expenses under control. People trying to save money by cutting down their Starbucks coffee purchases are not going to be successful at saving vs people who figure out how to pay 1k less in rent and/or car payments per month.
Also: invest into a 10 year bull market |
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Date: July 19th, 2018 11:12 PM Author: Cobalt ceo trailer park what is your monthly rent/mortgage? and car payment? (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463186) |
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Date: July 19th, 2018 11:14 PM Author: cream ungodly property ~2700. It used to be far less. Lived with roommates when I was <30. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463197) |
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Date: July 19th, 2018 11:26 PM Author: Cobalt ceo trailer park I'm still pretty impressed you saved that much. 2700 a month isn't THAT cheap, though I guess if you saved a lot when it was cheaper that helped. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463262) |
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Date: July 19th, 2018 11:32 PM Author: cream ungodly property It used to be over 1k cheaper. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463317) |
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Date: July 19th, 2018 11:06 PM Author: razzle masturbator forum I’ve been in biglaw six years and have like nothing saved. 200k in student loans and a big down payment owned me (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463144) |
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Date: July 19th, 2018 11:07 PM Author: Vibrant gay temple I don't get how the dooder above has 750K saved and you have 200K in student loans.
is this flame? |
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Date: July 19th, 2018 11:09 PM Author: razzle masturbator forum I mean I paid off 200k in Loans. I also bought a house and every gadget imaginable to man. I am a good goy (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463166) |
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Date: July 19th, 2018 11:10 PM Author: flesh bawdyhouse SLAY goy SLAY (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463173) |
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Date: July 19th, 2018 11:13 PM Author: cream ungodly property I had low student loans. I turned down SEVERAL T14s for $$$$ at a TTT20. That helps a lot.
Also if that guy is not including Home equity he has a bunch more money. I rent. |
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Date: July 19th, 2018 11:26 PM Author: Cobalt ceo trailer park what was your loan total when you graduated? (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463267) |
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Date: July 19th, 2018 11:29 PM Author: cream ungodly property 80kish. I paid very little tuition so most of that is living expenses. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463293) |
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Date: July 19th, 2018 11:29 PM Author: effete cowardly death wish mental disorder i dont know how to stop (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36463285) |
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Date: July 20th, 2018 8:38 AM Author: Contagious Wrinkle :( (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36464390) |
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Date: July 20th, 2018 8:44 AM Author: khaki razzmatazz address TRUMP: US POTUS AT 78
YOU: Thinking about retirement |
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Date: July 22nd, 2018 5:15 PM Author: Contagious Wrinkle Nah just thinking about not HAVING to work (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36476270) |
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Date: July 20th, 2018 8:47 AM Author: plum resort biglaw of counsel here. no way to make enough money to retire. out of the question (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36464419) |
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Date: July 20th, 2018 10:19 AM Author: Exciting windowlicker How much do you make? Eighth year associates get 340k and a 100k bonus. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36464801) |
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Date: July 20th, 2018 9:40 AM Author: Brindle provocative state Will be a race to see if reliable artificial hearts are invented before mine explodes (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36464596) |
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Date: July 22nd, 2018 5:16 PM Author: Curious insane police squad Leaving when NW hits 500K
Will cop 200-300K a year in-house
Will have a wife in the same salary range
Will do this shit until 60, then make an assessment based on life, options, inheritance, probably work a little longer |
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Date: July 22nd, 2018 5:20 PM Author: Contagious Wrinkle Seems like a good plan. (http://www.autoadmit.com/thread.php?thread_id=4030663&forum_id=2#36476310) |
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Date: July 22nd, 2018 5:20 PM Author: Curious insane police squad I don't want some prozac'd out SAHM, I don't want idiots kids or an idiot wife, I am also bored if I am not doing something, but I also don't want to have to be a slave when I'm old
so this is a fine life outcome, let's just get this shit over with |