Comments on: This Should Be a Link Post But… http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/ Wed, 08 Feb 2012 17:31:40 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-24943 Canadian Dream Wed, 06 May 2009 03:53:05 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-24943 Jacqueline, Hey 44 for a single mom is damn good in my mind. Way to reach your goals. I would be counting down too! As to the hardwood. It took five days in total, but I did have help for three days (from someone who has done it before) and I borrowed the right tools. If you don't have a air compressor and stapler I highly suggest you go rent them to do the project it makes things SO MUCH EASIER!!! Hope that helps. Best of luck, Tim Jacqueline,

Hey 44 for a single mom is damn good in my mind. Way to reach your goals. I would be counting down too!

As to the hardwood. It took five days in total, but I did have help for three days (from someone who has done it before) and I borrowed the right tools. If you don’t have a air compressor and stapler I highly suggest you go rent them to do the project it makes things SO MUCH EASIER!!!

Hope that helps. Best of luck,
Tim

]]> By: Jacqueline http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-24923 Jacqueline Tue, 05 May 2009 20:13:49 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-24923 Another factor which I do want to mention as I'm less than 8 months away from retiring - the closer it gets, the less I can stand working at a day job and the loss of freedom that goes with it. I am literally counting down the weeks. Another factor which I do want to mention as I’m less than 8 months away from retiring – the closer it gets, the less I can stand working at a day job and the loss of freedom that goes with it. I am literally counting down the weeks.

]]> By: Jacqueline http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-24922 Jacqueline Tue, 05 May 2009 20:07:57 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-24922 Hi there! I've been reading your blog for quite awhile, and just wanted to let you know I really enjoy it. I'm due to retire at the end of this year (I'll be 44), but I'm sure you'll have me beat. But I've been a single mom for 21 years, or else I could possibly have done it earlier. One question I did have was regarding your hardwood flooring project - just curious how long it took you to DIY? I bought a fixer-upper awhile ago and purchased some hardwood flooring at an auction and am finally going to be laying it down, but don't know how much time to allocate to it. I'm on a contract job now until Dec. 31, 2009, so that's the date that I've picked. I deliberately chose this contract job for the final end date. I delayed my expected retirement by a year in order to get my fixer-upper renovated and to wait until the market recovered. Fortunately, I was mostly in cash prior to the downturn and invested it all in the market in November/December. Given the gains I've had thus far this year, which have been pretty good, I've thought about selling and taking the gains, but would rather wait until next year when my income will be significantly lower. Hi there!

I’ve been reading your blog for quite awhile, and just wanted to let you know I really enjoy it.

I’m due to retire at the end of this year (I’ll be 44), but I’m sure you’ll have me beat. But I’ve been a single mom for 21 years, or else I could possibly have done it earlier.

One question I did have was regarding your hardwood flooring project – just curious how long it took you to DIY? I bought a fixer-upper awhile ago and purchased some hardwood flooring at an auction and am finally going to be laying it down, but don’t know how much time to allocate to it.

I’m on a contract job now until Dec. 31, 2009, so that’s the date that I’ve picked. I deliberately chose this contract job for the final end date. I delayed my expected retirement by a year in order to get my fixer-upper renovated and to wait until the market recovered. Fortunately, I was mostly in cash prior to the downturn and invested it all in the market in November/December.
Given the gains I’ve had thus far this year, which have been pretty good, I’ve thought about selling and taking the gains, but would rather wait until next year when my income will be significantly lower.

]]> By: Cash Canuck http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-23440 Cash Canuck Wed, 15 Apr 2009 14:17:46 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-23440 The fixed-date plan could work well for people who are in a defined-benefit pension plan. Often these people know that they will qualify for "x"% of their income at age "y". Most people save up some money in addition to their pension, but the majority of the dollar figure is based on a date. Where I live, I know that many public sector pensions are based on a "magic number" based on age + years of service (usually the magic number is 80-90). The major point is that your retirement and what triggers it are very personal, and you've got to assess whether the date or the dollar figure matters most (or a combination of the two). The fixed-date plan could work well for people who are in a defined-benefit pension plan. Often these people know that they will qualify for “x”% of their income at age “y”. Most people save up some money in addition to their pension, but the majority of the dollar figure is based on a date. Where I live, I know that many public sector pensions are based on a “magic number” based on age + years of service (usually the magic number is 80-90).

The major point is that your retirement and what triggers it are very personal, and you’ve got to assess whether the date or the dollar figure matters most (or a combination of the two).

]]> By: Mintycake http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-23437 Mintycake Wed, 15 Apr 2009 13:24:09 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-23437 Here's the thing: while it's always good to have a goal to focus on, and the more defined the goal, usually the better, things always happen. For example, if you were going to retire in 5 years and hadn't anticipated the market crash, I'd say your timeline probably got a bit more extended. It's good to have a plan but it's also good to make sure you're open to whatever curveball life throws at you and have plan B and maybe plan C as well. Here’s the thing: while it’s always good to have a goal to focus on, and the more defined the goal, usually the better, things always happen. For example, if you were going to retire in 5 years and hadn’t anticipated the market crash, I’d say your timeline probably got a bit more extended.
It’s good to have a plan but it’s also good to make sure you’re open to whatever curveball life throws at you and have plan B and maybe plan C as well.

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-23429 Canadian Dream Wed, 15 Apr 2009 12:15:06 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-23429 SP, Actually the anti-plan concept would work, you focus more on the $ and less on the when. FP, 55 is a nice number and late enough in life you can likely hit it. Best of luck. Tim SP,

Actually the anti-plan concept would work, you focus more on the $ and less on the when.

FP,

55 is a nice number and late enough in life you can likely hit it. Best of luck.

Tim

]]> By: Four Pillars http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-23388 Four Pillars Wed, 15 Apr 2009 01:44:36 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-23388 I think a date range is a great idea - a specific date might mean compromising quite a bit on the retirement if things don't go according to plan. Personally, I've picked an age (55) where I'm reasonably confident I'll be able to retire. If I can go a couple of years earlier - all the better. If I have to work a couple of years past - it's not the end of the world. I think a date range is a great idea – a specific date might mean compromising quite a bit on the retirement if things don’t go according to plan.

Personally, I’ve picked an age (55) where I’m reasonably confident I’ll be able to retire. If I can go a couple of years earlier – all the better. If I have to work a couple of years past – it’s not the end of the world.

]]> By: Silicon Prairie http://blog.canadian-dream-free-at-45.com/2009/04/14/this-should-be-a-link-post-but/comment-page-1/#comment-23355 Silicon Prairie Tue, 14 Apr 2009 15:30:29 +0000 http://blog.canadian-dream-free-at-45.com/?p=669#comment-23355 I have an anti-plan - I know what I'm doing now and what I'll need before I can make a change but I don't think about the date very much. I have an anti-plan – I know what I’m doing now and what I’ll need before I can make a change but I don’t think about the date very much.

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