Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
UK Coronavirus Infections and Deaths Projections Trend Forecast Into End April 2020 - 28th Mar 20
DJIA Coronavirus Stock Market Technical Trend Analysis - 27th Mar 20
US and UK Case Fatality Rate Forecast for End April 2020 - 27th Mar 20
US Stock Market Upswing Meets Employment Data - 27th Mar 20
Will the Fed Going Nuclear Help the Economy and Gold? - 27th Mar 20
What you need to know about the impact of inflation - 27th Mar 20
CoronaVirus Herd Immunity, Flattening the Curve and Case Fatality Rate Analysis - 27th Mar 20
NHS Hospitals Before Coronavirus Tsunami Hits (Sheffield), STAY INDOORS FINAL WARNING! - 27th Mar 20
CoronaVirus Curve, Stock Market Crash, and Mortgage Massacre - 27th Mar 20
Finding an Expert Car Accident Lawyer - 27th Mar 20
We Are Facing a Depression, Not a Recession - 26th Mar 20
US Housing Real Estate Market Concern - 26th Mar 20
Covid-19 Pandemic Affecting Bitcoin - 26th Mar 20
Italy Coronavirus Case Fataility Rate and Infections Trend Analysis - 26th Mar 20
Why Is Online Gambling Becoming More Popular? - 26th Mar 20
Dark Pools of Capital Profiting from Coronavirus Stock Markets CRASH! - 26th Mar 20
CoronaVirus Herd Immunity and Flattening the Curve - 25th Mar 20
Coronavirus Lesson #1 for Investors: Beware Predictions of Stock Market Bottoms - 25th Mar 20
CoronaVirus Stock Market Trend Implications - 25th Mar 20
Pandemonium in Precious Metals Market as Fear Gives Way to Command Economy - 25th Mar 20
Pandemics and Gold - 25th Mar 20
UK Coronavirus Hotspots - Cities with Highest Risks of Getting Infected - 25th Mar 20
WARNING US Coronavirus Infections and Deaths Going Ballistic! - 24th Mar 20
Coronavirus Crisis - Weeks Where Decades Happen - 24th Mar 20
Industry Trends: Online Casinos & Online Slots Game Market Analysis - 24th Mar 20
Five Amazingly High-Tech Products Just on the Market that You Should Check Out - 24th Mar 20
UK Coronavirus WARNING - Infections Trend Trajectory Worse than Italy - 24th Mar 20
Rick Rule: 'A Different Phrase for Stocks Bear Market Is Sale' - 24th Mar 20
Stock Market Minor Cycle Bounce - 24th Mar 20
Gold’s century - While stocks dominated headlines, gold quietly performed - 24th Mar 20
Big Tech Is Now On The Offensive Against The Coronavirus - 24th Mar 20
Socialism at Its Finest after Fed’s Bazooka Fails - 24th Mar 20
Dark Pools of Capital Profiting from Coronavirus Stock and Financial Markets CRASH! - 23rd Mar 20
Will Trump’s Free Cash Help the Economy and Gold Market? - 23rd Mar 20
Coronavirus Clarifies Priorities - 23rd Mar 20
Could the Coronavirus Cause the Next ‘Arab Spring’? - 23rd Mar 20
Concerned About The US Real Estate Market? Us Too! - 23rd Mar 20
Gold Stocks Peak Bleak? - 22nd Mar 20
UK Supermarkets Coronavirus Panic Buying, Empty Tesco Shelves, Stock Piling, Hoarding Preppers - 22nd Mar 20
US Coronavirus Infections and Deaths Going Ballistic as Government Start to Ramp Up Testing - 21st Mar 20
Your Investment Portfolio for the Next Decade—Fix It with the “Anti-Stock” - 21st Mar 20
CORONA HOAX: This Is Almost Completely Contrived and Here’s Proof - 21st Mar 20
Gold-Silver Ratio Tops 100; Silver Headed For Sub-$10 - 21st Mar 20
Coronavirus - Don’t Ask, Don’t Test - 21st Mar 20
Napag and Napag Trading Best Petroleum & Crude Oil Company - 21st Mar 20
UK Coronavirus Infections Trend Trajectory Worse than Italy - Government PANICs! Sterling Crashes! - 20th Mar 20
UK Critical Care Nurse Cries at Empty SuperMarket Shelves, Coronavirus Panic Buying Stockpiling - 20th Mar 20
Coronavirus Is Not an Emergency. It’s a War - 20th Mar 20
Why You Should Invest in the $5 Gold Coin - 20th Mar 20
Four Key Stock Market Questions To This Coronavirus Crisis Everyone is Asking - 20th Mar 20
Gold to Silver Ratio’s Breakout – Like a Hot Knife Through Butter - 20th Mar 20
The Coronavirus Contraction - Only Cooperation Can Defeat Impending Global Crisis - 20th Mar 20
Is This What Peak Market Fear Looks Like? - 20th Mar 20
Alessandro De Dorides - Business Consultant - 20th Mar 20
Why a Second Depression is Possible but Not Likely - 20th Mar 20
UK Coronavirus Infections Trend Trajectory Worse than Italy Government PANICs! Sterling Collapses! - 19th Mar 20
Coronavirus Market Crisis - Nowhere to Hide! - 19th Mar 20
Coronavirus Most Likely GDP Economic Outcome for Q1 and Q2 2020 - 19th Mar 20
How COVID-19 Leads to 2008-Style Bank Crisis - 19th Mar 20
Coronavirus Impact on Global Economic GDP Numbers - 19th Mar 20
Bticoin Crash Big Channel Review - 19th Mar 20
Gold is Doing Its Job…Silver Will Come Back as a Safe-Haven Asset - 19th Mar 20
The Chartology of Coronavirus Deflationary Event - 18th Mar 20
Fed Slashes Rates to Zero and Introduces QE in Response to COVID-19. Will Gold Rally Now? - 18th Mar 20
Coronavirus - Nothing to Fear but Fear Itself - 18th Mar 20
The Stocks Bear Market Is Upon Us... Or Not - 18th Mar 20
US and UK Coronavirus Containment Incompetence Resulting Catastrophic Trend Trajectories - 17th Mar 20

Market Oracle FREE Newsletter

Coronavirus-bear-market-2020-analysis

Are You Sure You Want to Delete This?

Personal_Finance / Pensions & Retirement Jan 29, 2015 - 02:44 PM GMT

By: Dennis_Miller

Personal_Finance

As I sat in my office with tears streaming down my cheeks, my wife walked in and asked, “What’s wrong?”

After a short sniffle, I blurted out, “I just deleted Dad!” The absurdity of my remark hit us both, and we burst out laughing. Dad had been dead for over two years.


Closing out even the most modest estate is a time-consuming process, though. After settling his accounts and finalizing the legal paperwork, the administrative project finally was finished… or so I thought.

Earlier that day, I’d gone into my address book to add a name and there was Dad’s information. So I hit “delete,” and the computer asked, “Are you sure you want to delete this?”

Heck no! I didn’t want to delete Dad, but I knew I had to. It just seemed so final.

While I was sad when he passed, I’d focused on the tasks at hand. He was elderly, on his way to hospice, and we knew his time was coming. I didn’t begin to look back until clicking “delete” years later.

What’s Left after Retirement?

Dad retired from the post office at age 65 and lived to age 92. I was 30 when he retired and recall thinking, “What’s left for him? Is he just going to hang around now until he dies?” He showed me better.

Dad’s life was simple. He and my mother moved to a 55-plus community in Sarasota, Florida. While she kept a full social calendar, Dad would pick and choose. Mostly, Dad was the classic couch potato—watching sports, discussing batting averages or yards per carry. He could talk golf or tennis with the most avid fan. Fortunately, he never had a weight problem, likely because he’d walked a 12-mile mail route carrying a 30-lb. sack for over 20 years.

All in all, Mom did what she enjoyed, Dad did what he enjoyed, and they did some things they both enjoyed together.

Sure, they had their squabbles. Mom would go on multiday group trips with other ladies in their retirement village. The husbands seldom went along, and after some protest she finally admitted they preferred it that way. To each his own!

While Mom and Dad were far from wealthy, they never worried about money and managed to save a little bit each year.

Do You Like Getting Older?

I sure do. Part of aging is realizing that you cannot change the past, understanding that no one promises you tomorrow, and finally deciding to enjoy the moment.

I wish I had understood that at age 30, when I was fretting over how Dad would spend his time. Retirement is a state of mind—a time for being comfortable with yourself and your situation. If I’d known that then, would I have been more prudent and saved more? I’ll never know.

Still, I hope that my children, grandchildren, and now great-grandchildren internalize these lessons at a much younger age. My wife and I know many people who never saved a dime, have no pension and, are trying to live on Social Security alone. Many have returned to work in their 70s. Most are poorly paid and worry what will happen when they are too old or frail to keep it up.

If that doesn’t motivate younger folks to make the maximum contributions to their IRAs or 401(k)s and live below their means, I don’t know what will.

Enjoying your golden years means having the financial and emotional freedom to do crazy things, to love and laugh and eat dessert with abandon, and yes, to even go back to work if you feel like it.

In the history of the world, that kind of retirement is a luxury few people have ever been able to afford. We each have a hand in writing our own final chapters. It is the choices we make earlier, though, that determine how the story ends.

Start writing a better story for yourself and your family by reading our free e-letter, Miller’s Money Weekly. Our team of financial educators shares economic analysis and investing guidance specifically curated for seniors and savers in each Thursday missive. Click here to begin receiving your complimentary copy now.

The article Are You Sure You Want to Delete This? was originally published at millersmoney.com.
Casey Research Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules