Saturday, January 13, 2007

Men and Retirement

Retirement is pretty much what we men have worked for since the Industrial Revolution came about and the lady of leisure was born. Once we get our degree and leave our heady college days behind, the sceptre of "getting settled" and buying a home and a wife to put in it comes up, as well as the children that will follow to ensure us a place in society. What's left for a guy to do but pine for retirement? (Of course, women still won't let us have peace in retirement - look at Japan - now that the workaholic men are retiring and actually staying at home with their wives, all of a sudden the bitches don't want them around. Experts are also predicting that later this year, when pensions will be split up between the man who worked his ass off and the wife who stayed at home and chilled in the case of a divorce, there will be a big rise in divorces. Proof that if you want to break up families, just give the women a monetary incentive to walk.)

Now MGTOW tells us to follow our instinct and go our own way, which is great. But still, for any office worker, heck even a self-made entrepreneur, a time will come when we won't be able to work as hard.

That is what savings and retirement are for. This post was precipitated by the last issue of Money magazine, which I got yesterday from the library. The cover has a headline, "Why Men Get Retirement Wrong."

I flip through the magazine, read the article, and then I'm idly perusing the rest of the rag when lo and behold, here's another article which on some level proves that its not the men who should be worried about being stupid with their retirement! I'd never have guessed that the sex with the least responsibility to save and invest would not be the one admonished for not doing it the right way!

Age 50, and Far Too Little Saved. The article is about a Barbara Huarte who has evidently been self-employed and a career grrrl, and at 50, is realizing that the knight in shining armor she was waiting for has shacked up with a younger chick, and she needs to sock away some cash for a rainy day.

At 50, she has "roughly $30,000 split between a 401(k) and an IRA, and not much else." The Money article was far too charitable - it didn't go into her wardrobe, her shoe closet, her home decorations (she still rents, can you get any more stupider than that?), or her car(s).

But here's the rub - in the same magazine as an article called "Why Men Don't Know Jack about Retirement" they have the gall to have an article that looks at a woman who is 50, who hasn't saved up for retirement, and blandly say, "Well this could be you. This article is gender neutral. Her sex doesn't enter into the equation when it hurts her, but it sure as hell does when she's being an empowered grrrrl or a victim."

But man oh man, those stupid guys - they don't know jack about retirement, do they.


  1. Thanks to the disgusting behavior of American Women, more American men are rebuking them. By not having a parasite sucking up your finances, men will be able to retire sooner and live a good life.

    - Outcast Superstar


  3. That article assumes the man has no pension at all? No Social Security?

    Most retirement planning articles written by 'experts' I have seen over the years have been totally insane. They usually claim savings needs like $750,000 or more. I retired from a factory production job in 1997, and I don't know any of my fellow workers who had more than a couple hundred thousand dollars, including the house they live in.

    Most of them say they never had so much money in their life, and this with a pension check less than 2/3 of their pre-retirement check. There are significant savings involved in not going to work each day. Cheaper clothes; cheaper car when you don't have to start at ten below zero. Cheaper recreation when you don't have to hurry. Cheaper meals when you can stuff the crock pot on the way out the door to your fun stuff. Etc. Etc. I could -- and have -- write an article on this alone.

    My wife and I retired in 1997, with maybe $160,000 including the house. I think we are down to maybe $90,000 or so. We had to help our son live for a year or so after Rockwell kept tossing him out (he's a minority male) after completing satisfactory work as a temp, and give the job to a white female. We also bought him a used car when his blew up. He is in his second year of med school, so I expect some day we'll get our money back, hee, hee. He is married, he and his wife will look at practice overseas when he gets his certificate.

    Let me see. We bought a new Toyota Sienna for around $28,000. Total on all cars has been around 180,000 miles, and this with many years the car was parked a total of half the time while we used the buses in the Third World. We tend to drive so much that family members used to send plaintive mails, asking, "Where are you now?" They have surrendered and don't even ask much any more. When my son started med school near the East Coast, I drove 11,000 miles in 59 days.

    We put around $70,000 into buying land and building a house in the Third World. Due to some really wealthy factory owners here, the sort who drive new Cadillac SUV's, and total lack of land for sale, our builder tells us any time we want he can get us $200,000 for it. 2850 square feet; the only fireplace in town; four bathrooms including one of two jacuzzi's in town; and 1.2 acres of land where building lots tend to run in 4000 square feet sizes.

    And, not an Ameriskank in sight.

    Anonymous age 64

  4. [quote]she still rents, can you get any more stupider than that?[/quote]

    Apparently you can.

  5. That was intentional. And you can fuck right off if you want to be a grammar/spelling nazi.

  6. Hey Pete-

    I looked at that link someone posted and it was really good.

  7. Your interpretation of that article is a nice fairytale. In fact, the only reason I agreed to the interview was because I thought my story was optimistic in that I could show others, through my own story, that it is possible to to "catch up" even starting late. Shortly after the article was published I did purchase my own home. Where in thar article was there any indication that I was waiting for someone else to take care of me? You must have missed the follow up on The Today Show where we discussed how I was able to put my greatest earnings years ahead of me. You don't know me, or my wardrobe or cars, or relationships, to be able wrap me into your biased conclusions.