Comments on Retire To India: Living on interest payments in retirement?

ha ha, This comment is like a real out of sync com...

2009-10-09T23:57:40.279-05:00

ha ha,
This comment is like a real out of sync comment. May be shoban has a point. I used to be like him even a few months back. Now I really feel need to secure a bit more my future.

Shoban,Thank you -- I think :-)

2009-01-18T16:10:23.268-06:00

Shoban,
Thank you -- I think :-)

I find all these calculations pretty useless. You ...

2009-01-12T20:34:00.000-06:00

I find all these calculations pretty useless. You are talking about early retirement. But you have not specified any age. Are you planning to retire at 30, 40, 45, 50? How long do you think you'll live? That is the most important factor here.

I am going to retire in 4 months, as soon as I turn 68. (That is early retirement according to many Americans who are still working in their late 70's and early 80's.) I don't expect to live beyond 70. 72 at worst case scenario. I have $150,000 in savings. I have no other assets. That is more than enough for me. I'll save some money to buy a gun (Hey, this is America) in case I live beyond 72. Why do people worry so much about retirement and maintaining the same standard of living? What standard of living do you have now? You are working like a pig trying to retire early. Enjoy life now. Don't worry about future.

Oh, another thing. Why do you need to go to a different place after you retire? Why can't you stay where you are right now? The place is already familiar to you. You already have a place to live. This is nothing but a fashion to move to a different place after retiring. Stay where you are and make more web sites after retiring and put more Google Adsense ads on the sites. Money will come to you automatically. You don't have to worry. You do write well. You have a bright post-retirement future. Cheers and God bless you.

Yes, but the new rate will only help someone who p...

2007-09-09T18:58:29.393-05:00

Yes, but the new rate will only help someone who purchases a new treasury note -- it will not help someone who is locked into a 10-year note at a lower rate.

This is the reason why inflation-indexed bonds (TIPS) were introduced. My post does not take these into account.

If the inflation rate is 6% wouldn't the treasury'...

2007-09-09T17:33:30.827-05:00

If the inflation rate is 6% wouldn't the treasury's interest rate become higher that that at that point?!