Is diesel in CA. Over 5 bucks? Getting up in the 4's in Pa.
Strange - in the past we've been higher than most places here in Wisconsin, but right now diesel is showing $3.09/g and up on Gas Buddy. Unleaded gas is about $3.09
What's causing it to be so much higher in other places?
"What's causing it to be so much higher in other places?"
I'm going to bet that that question no matter how innocent will lead to a closed thread. But then I'm usually wrong. Ha, Jack
Equivalent of $4.86 usd per gallon here in southern Ontario, and climbing...
$5 is readily within range of the predictions.
Happy coaching!
Buswarrior
Yup, $5 in SoCal, and so is also 91 octane gasoline. Whoopee.
John
Quote from: oltrunt on February 05, 2022, 06:27:58 PM
"What's causing it to be so much higher in other places?"
I'm going to bet that that question no matter how innocent will lead to a closed thread. But then I'm usually wrong. Ha, Jack
I really didn't mean it in a way as to start anything controversial - historically we had fuel prices above the national average but recently we've been way below. I was thinking more about supply issues related to refineries and other such things being shut down somewhere.
Tax rates alone only explain a part of the difference, so there is something beyond the tax conversation here. The best I can see with Jan 2022 data, the tax difference between California and Wisconsin is $0.67/gallon. Total taxes per gallon of diesel (state and federal) in Wisconsin is $0.573 and in California is $1.243.
Yes, that's a big gap is taxes, but it doesn't explain the gap between pump prices of $3.09/gal and $5.00/gal. There is still leaves about $1.25 difference in price after the tax difference is figured in. My thought was that there is some connection to the supply side of things causing the higher prices.
May be just restocking supplies. Price may jump substantially in coming weeks.
Also the cost of doing business in different parts of the country.
just blame it on covid and raise the prices ..
thats what everyone else ( all business ) r doing
everything has gone up , except my pay
diesel at loves was $4.15 today in bushnell fl
It might not make you Americans feel better, but you have to appreciate that you have the cheapest fuel in the world. Prices are higher in most other, if not all, other countries...
One hour N of Bushnell FL you can find diesel for $3.48/gal. I just don't get it!... The prices that it... The differences in such close proximity. In a 30 minute drive here in central Florida Gasoline prices for regular vary from $3.14 to $3.89 per gal.
ok Dan
tell me more as I want to fill up when I have to leave and will be on I75 n
thanks dave
Dave that's part of your issue, you're on the I-75 corridor. We lie between two corridors - I-75 & I-95 where you can find price fluctuations. The only area I can think of where fuel prices moderate from the "corridor prices" would be State Rd 200 in Ocala - West of the freeway by a minimum of 1/2 dozen miles. But I can't pinpoint a convenient fuel stop as we are in the opposite (Eastern) direction by almost an hour. Wish I could be of more help. In the last couple days the cheapest across the board fuel prices have been at Murphy's fuel stations & actually underselling Sam's Club by a good leap.
Download the Gasbuddy app. Its free and will save money on gas and diesel. Yes, some stations are too small for a coach, but not all.
Hey Dave there's a big Circle K at 527 Buenos Aries Blvd 0n US 27/441 in Lady Lake just N of you. Diesel $3.31/gal that's .84/gal cheaper than Bushnell. Google & call the station if you like & tell us how you do for the heck of it! Got that info from Gas Buddy as Chessie suggested... :^
thanks 4 lookin
I like the truck stops only because I am just over 70' long with the truck on the back so I need lots of room to get in & out. I do use the efs fuel card so some stops u save a nice amount .
Best price in Camarillo, Ca- $4.69. Best price here in Nampa, Idaho- $3.69. $1.00/gal difference is major when you're putting in 100gal and getting 6.5mpg. Good Luck, TomC
What was nice, on my last trip through Utah, is Maverick gives $.02/gal discount off the posted price for belonging to their frequent fueler program. AND all you need to do is give them your phone number you registered with.
Oil closed at $90.00 prices will be going up before coming down ,the more bio in the fuel the cheaper it gets,but popcorn prices increase
Kansas Diesel is $299.00 no bio and they have three different grades of Gas like the old days, lol :^
Some of the fluctuations is due to refinery capacity. For example, in the major areas of CA, there are different blends of gas, winter and summer. There are also scheduled and unscheduled outages. Depending on how the switch over scheduling goes, formulations may suffer shortages which changes prices. Also, the winter blend is less costly, could be the other way around, and that alters pump prices. I should know that but it is all so expensive now, I just shut my eyes and grip the lever.
Another factor is the brutal and punishing amount of regulations in the state. Both ongoing monitoring, reporting, and equipment standards but also the grueling gauntlet of getting a station approved and even worse is the refitting of existing stations. It is simply amazing to see how much work is required to refit an existing station. Work goes on for months and months as the entire lot is dug up and refitted.
Then there are local conditions. Real estate is costly, wages are high, yes, even for the guy selling candy bars, that drive up the cost to keep the lights on.
and of course, the greedy state gropes into every crevice where a penny can be had and takes as much tax as they can.
Still worth it to me as I sit here in 60 degree, perfectly sunny and calm day, soaking up the beautiful weather. As long as the beauty and weather hold up, CA will always be to go to place unless it goes totally socialist.
Almost forgot the main point, diesel prices are affected by supply/demand and how refineries allocate production to various products. We know it is less refined so can cost less but they keep the supply to keep the price where it sells.
This may change minds about Ca. if it ever becomes law:
https://www.latimes.com/california/story/2022-01-24/skelton-single-payer-bill-cost-appropriations-california
Quote from: chessie4905 on February 06, 2022, 02:32:59 PM
This may change minds about Ca. if it ever becomes law:
https://www.latimes.com/california/story/2022-01-24/skelton-single-payer-bill-cost-appropriations-california
What's the link to diesel fuel prices? I'm not seeing the connection.
That got voted down last week. Old news :)
Quote from: sledhead on February 06, 2022, 09:56:23 AM
thanks 4 lookin
I like the truck stops only because I am just over 70' long with the truck on the back so I need lots of room to get in & out. I do use the efs fuel card so some stops u save a nice amount .
Can't help you there Dave, of all the diesel stations at least in C FL - the truck stops near freeway corridors are voodoo places to fuel for the locals as they have the highest prices of all. No fuel card or club is going to discount fuel prices to match smaller away from corridor stations. Call it big rig blues or whatever but it is what it is. Safe travels.
Response to comment about loving Ca. Yeah, old news but it came up anyway and most likely won't go away. That would have a major impact on fuel prices. Seems like fuel taxes is always a great way to increase revenue.
With the push to electric vehicles, nothing like adding additional fuel taxes to encourage change over.
For sure the increasing conversion to EV is impacting road maintenance funds. Currently, diesel/gas tax funds most of this but as less revenue comes from these sources, it'll likely move toward a use based fee.
It is going to be very interesting to experience the transition but the money grubbers will find a way to screw us for the max. Wouldn't it be just grand to see them keep the gas tax and add the usage tax too. No better incentive to get people off gas and onto batteries.
Maybe diesel will have its own category as most use is true commercial. You know in CA, they make pickups register as commercial just to grab more bucks from drivers.
Quote from: windtrader on February 06, 2022, 06:26:09 PM...Wouldn't it be just grand to see them keep the gas tax and add the usage tax too. ...
I see it playing out more along the lines of the IFTA, using the technology already in the EVs to track miles driven and where. Switching them to a use tax is simple, and the cars without will just remain on the fuel tax. Eventually there will only be a few legacy vehicles left on the roads paying a per-gallon tax.
My guess is that within the next few years you'll see states forming a compact for non-commercial vehicles similar to IFTA to make the switch, as they will be losing more and more of the road tax from fuel.
Their refineries can send their left over gas and diesel our way. That should help ease our prices.
Jim
Quote from: dtcerrato on February 06, 2022, 04:10:12 PM
Can't help you there Dave, of all the diesel stations at least in C FL - the truck stops near freeway corridors are voodoo places to fuel for the locals as they have the highest prices of all. No fuel card or club is going to discount fuel prices to match smaller away from corridor stations. Call it big rig blues or whatever but it is what it is. Safe travels.
This is the 1st time I have used the TSD fuel disvount card
82 gal of diesel at 3.86 = $316.57 - disc of $51 = $265
so not to bad for nothin other that signing up for it
thats .62 off a gal. 3.86 - .62 = 3.24 a gal.
but I hear that loves discount is not 2 good but I will let u know
Quote from: sledhead on February 07, 2022, 06:18:13 AM
This is the 1st time I have used the TSD fuel disvount card
82 gal of diesel at 3.86 = $316.57 - disc of $51 = $265
so not to bad for nothin other that signing up for it
thats .62 off a gal. 3.86 - .62 = 3.24 a gal.
but I hear that loves discount is not 2 good but I will let u know
Please do follow up on your success with TSD. I have been contemplating on signing up for it as we may be able to get substantial savings on a 12 thousand mile AK round trip! Do you know if TSD works in Canada?
Safe travels.
Quote from: sledhead on February 07, 2022, 06:18:13 AM
This is the 1st time I have used the TSD fuel disvount card
82 gal of diesel at 3.86 = $316.57 - disc of $51 = $265
so not to bad for nothin other that signing up for it
thats .62 off a gal. 3.86 - .62 = 3.24 a gal.
but I hear that loves discount is not 2 good but I will let u know
Please do follow up on your success with TSD. I have been contemplating on signing up for it as we may be able to get substantial savings on a 12 thousand mile AK round trip! Do you know if TSD works in Canada? Where did you fuel up for that discount?
Safe travels.
Quote from: dtcerrato on February 07, 2022, 06:57:10 AM
Please do follow up on your success with TSD. I have been contemplating on signing up for it as we may be able to get substantial savings on a 12 thousand mile AK round trip! Do you know if TSD works in Canada? Where did you fuel up for that discount?
Safe travels.
Costs nothing to sign up. Works well IF (and only IF) you fuel at the places where they have a negotiated discount. They have a good app which will help you find the lowest cost fuel on your route.
Quote from: dtcerrato on February 07, 2022, 06:57:10 AM
Please do follow up on your success with TSD. I have been contemplating on signing up for it as we may be able to get substantial savings on a 12 thousand mile AK round trip! Do you know if TSD works in Canada? Where did you fuel up for that discount?
Safe travels.
Choose a Canadian fuel company, and get a commercial card. Contract prices/discounts are vertically integrated up here. You have to have "their" card, in the right places, there's no universal cards like in the US.
You're a one truck operator, ask 'em what the contract price will be, and pick one.
Happy coaching!
Buswarrior
Feel Your pain. "Let's go Brandon" ;D
Given that there are people here on all sides of these issues, is there any chance we can have these conversations without inserting politics?
the fuel stop was jane lew truck stop in WV on I 79 . we haved stopped there for years as it is easy to get in and out + it is off the hwy only by a bit . I fill up NB and SB 1st fill up from home and last fill going home
the other good thing about the fuel card is u can pay at the pumps then go in and u pick up your receipt . not the $75 per pump crap and then again and again 2 fill up
it took 2 days b4 I new how much the fuel card charged me from my checking acc. to see how much I saved
Quote from: richard5933 on February 07, 2022, 09:37:44 AM
Given that there are people here on all sides of these issues, is there any chance we can have these conversations without inserting politics?
Not when the topic is "Diesel". The only thing anyone can agree on is it is a fuel that makes cars go and fills the Earth with plastic waste unless you don't believe in science, another hotly debated topic these days. Other than that, it is jus politics - sorry.
Quote from: windtrader on February 07, 2022, 09:48:26 AM
Not when the topic is "Diesel". The only thing anyone can agree on is it is a fuel that makes cars go and fills the Earth with plastic waste unless you don't believe in science, another hotly debated topic these days. Other than that, it is jus politics - sorry.
I was addressing a comment made which didn't address the diesel issue, but rather was seemingly just a comment made against a particular person. If any of us want to debate politicians themselves we've got lots of other forums - like Facebook or Twitter.
Like many others I come to the bus forums to discuss things related to buses and to get away from political attacks. I don't personally care which side of that argument people here hold, just that it's not why I'm on BCM.
It's possible to debate diesel prices all day long without it devolving into a conversation where we're just bashing politicians.
Maybe we need an additional subforum 'Bus Politics' where politics can freely overlap and keep the main 'Bus Topics' clean of it, otherwise you're gonna keep having certain people saying "Fuck Joe Biden" in poorly disguised codewords while people like me point out that gas and diesel prices are primarily influenced by OPEC, a non-American cartel, so American politics don't really factor in very heavily.
Quote from: muldoonman on February 07, 2022, 08:46:54 AM
Feel Your pain. "Let's go Brandon" ;D
Now do you really feel like that's fair to Brandon?
Jim
There is a place on BCM for off topic conversations... It labeled Off Topic, and there's even a space for political and controversial topics.
Richard you will have to explain to some of us how diesel fuel prices have nothing to do with politic's? And how one president about a year and half ago I paid $1.99 for diesel and with president Brandon right now is running $3.69 to $3.98 in my area of Wisconsin. Also we didn't need opec with a certain president now we do why? How about those Canadian truck drivers :^
Politics have always paid a role in our energy and it always will no matter who is heading up the show,I worked in that field for 20 years dealing with politics to get drilling permits back then a day rig cost us $10.000.00 a day now you are looking at 100 grand a day. We have to many groups with political power called "MONEY" today
Quote from: tr206 on February 07, 2022, 05:58:50 PM
Richard you will have to explain to some of us how diesel fuel prices have nothing to do with politic's? And how one president about a year and half ago I paid $1.99 for diesel and with president Brandon right now is running $3.69 to $3.98 in my area of Wisconsin. Also we didn't need opec with a certain president now we do why? How about those Canadian truck drivers :^
Gas prices have been high during both Democratic and Republican administrations. Remember that national average prices hit their record high under Bush with gas at just over $4.10 and diesel going for $4.67 per gallon. I'm not trying to blame Bush for that problem, and I don't think that he had any more control than Biden does now - these things are subject to worldwide market factors and it's just too easy to blame one person for the problem.
To me it's not the political part of the conversation itself, it's when it gets into name calling and derogatory comments. Not pointing the fingers at you directly, but this is the kind of thing that makes bus nuts turn on one another rather than focus on what we share. I get it that not everyone agrees with whoever is in office, but I also fully understand that there are reasons certain topics are generally avoided on forums like this outside of the areas marked off for it.
Lots of people voted for both of the candidates in the last election, and when name calling starts lots of those people are going to be upset. Doesn't matter to me which side it is, and I felt the same when people were doing this in the other direction during the previous administration. There are ways to have conversations about things like this while avoiding hot-button issues and making comments which are either designed to tick people off or likely to do so.
It seems to me that there is enough bus-related stuff for us to argue about that we could leave the political dealings to places like Facebook.
Diesel prices is very bus topic related including parts and services to just about anything related to buses is way up in price because of fuel prices and yes it is political.
Bush's deal he deserves all the credit they went after the largest energy co. in the world Enron and brought the whole US including banking down,when they sold off Enron it was worth 3 times the amount the Bushes said it was,the Enron deal was very much politics
We built a large industrial cooling tower for Enron in Puerto Rico when all that was coming down.
It was an experience!
Oil pipeline from Canada cancellation hasn't helped. And Canada isn't keen on that decision either.
Hopefully things and Covid gets settled down up there by May. Planning Alaska trip this year. Already delayed from last.
Quote from: dtcerrato on February 07, 2022, 09:08:37 PM
We built a large industrial cooling tower for Enron in Puerto Rico when all that was coming down.
It was an experience!
Ken Lay wasn't stupid he just crossed the Bush's which think they own Houston
Quote from: luvrbus on February 08, 2022, 09:05:11 AM
Ken Lay wasn't stupid he just crossed the Bush's which think they own Houston
Some of Enron's highest tycoons were on that project - we'd do fishing charters on the week ends.
Enron's biggest problems IMO were how they (higher management) were scamming the stock market to make their individual fortunes - it caught up to them...
It wasn't a scam when the smoke cleared Enron stock and holdings were worth a lot more than the liabilities were ,where Bush missed it, he wasn't smart enough to figure out the domino affect it would have.There not one of the holdings Enron had that is still not up and running making profit check it out lot of he $#!% got swept under the rug lol and I voted for the dumb @$# Bush
Didnt most of the Enron employs loose their entire retirement? I guess that was not figured into their liabilities.
I worked with a guy who sold his considerable Enron stock literally weeks before it imploded to start a business. Everyone thought he had inside info but it was just bind luck.
Or really good Kama.
I always try to remember I am lucky to ignore the DEF pump when I am pouring "Benjamins" into our bus. Just not having to deal with two pumps keeps me thinking positive as my wallet gets thinner by the gallon. I have not even looked at how much DEF costs per gallon. How much is that stuff and how much is used per mile?
Politics? I'm glad I have a bus, can put fuel in it now and then, it runs, and I am not in the Ukraine tonight.
That helps me keep my problems in perspective. Fuel isn't one of them.
Ukraine diesel: $4.63/gal
If you're in the Oil Business it's getting up to what it's worth. I think they're putting the pants on us. Struck a nerve earlier with my comment. Yes Opec has a lot to do with pricing but wasn't before with the Oil Policies that were in place. It will get worse. Hold on.
Y'all focused on policies and pipelines, look at the profit margins of the big oil companies to see the real reason prices go up. Also the US was never self-sufficient in regard to oil, that was a myth pushed by one political party with no basis in fact.
Quote from: Nova Eona on February 12, 2022, 06:52:12 AM
Y'all focused on policies and pipelines, look at the profit margins of the big oil companies to see the real reason prices go up. Also the US was never self-sufficient in regard to oil, that was a myth pushed by one political party with no basis in fact.
I think you're on to something here...
Follow the money to find out why anything is done. They don't pump oil and produce diesel because they like the smell of diesel.
so the big oil companies shouldn't make profits? Even after they spend tens of billions on exploration, taxes, regulation. Yeah, same attacks drug companies receive.
And your point is what?
Profit is good but the problem remains when people in California vote some stupid thing down they just put it on State gasoline taxes and up go the price. There should be an avg. price across the country for fuel. Other than the price to get it to market in different areas then that could be added. but two to three dollars more in some states?
LIke road tax and then the road doesnt ever get fixed.
Drug companies charge 89,000.00 to 150,000.00 a year for some drup for some decease someone has just because they have to have it or die. Thats not right.
Clearly both sides of the isle here. I like the smell of diesel especially when it burns through a two stroke!
Almighty human greed will be the demise of our human race & at the rate we're going - sooner than later...
The trick is to leverage self-interest to benefit the greater good. I think the founding fathers came to that conclusion early on. The needle wavers back and forth between the extremes but I think its one of the keys to our success.
I notice as the wealth gap widens political extremes seem to increase along with it. I guess that makes sense as fewer people have greater influence. Kind of like a small genetic pool. You get some weird mutations.
To get out of this mess will take a second industrial revolution to put money back in the average joe's pocket again. I think that will take the form of some revolutionary energy source. Pbly not fusion. Maybe a molten salt thorium reactor aka LFTR.
Just hope we do it before China does. Both China and Russia are doing all the can to befuddle the US at multiple levels including setting the country at odds with its self. Trying to slow and distract us enough to allow them a permanent gain.
If it doesn't kill us it will make US stronger!
Clean energy has been the hope and the scientists goal for many years, my hopes have been on hydrogen powered motors, that exhausts water vapor with an unlimited supply of the element. GM gave their dealers a chance to drive hydrogen powered generators powering electric drive motors several years ago, before Tesla came on the scene. The small suvs, 11 of them, were the same SUV powered by gas in their line up. the dealers put the kabosh on them, because of a slight whine noise, different then what they were used to. So GM killed the project. No one thought to mask the sound that some electric cars make nowadays...
definitely more reasons than a whine killed hydrogen.
Can I get some cheese to go with my whine?
Jim
The president of Chevrolet told me distribution of hydrogen was a problem. Kinda like charging stations were for electric cars in the beginning. But there was actually a hydrogen fueling station in LV at the time. My thoughts were get hydrogen filling station at the Chevy Dealers and you could sell them tires and batteries too...
It's not that corporations shouldn't be able to make a profit, it's that:
-They shouldn't be able to gouge prices and call it 'inflation' or blame it on the Dems
-They shouldn't be receiving taxpayer-funded subsidies at all
-They shouldn't be using this money in DC to directly oppose green energy which might someday topple their monopoly
If this was all down to policies, pipelines, and politics, then our pump prices would go up while big oil profits remained semi-stable - this would be them 'passing on' the cost of the above. Instead, every major oil company is posting record profits year after year, and they've been among the most insanely profitable industries for many years now.
insanely profitable? their stock price doesn't reflect it. They invest tens of billions on exploration to find more crude supplies. If they weren't so huge, they would never could afford to do it. Many times it's a gamble to bring it in. Oil industry has always been boom or bust. Supplies go up and prices drop.
Quote from: fortyniner on February 11, 2022, 05:04:33 PM
Didnt most of the Enron employs loose their entire retirement? I guess that was not figured into their liabilities.
I worked with a guy who sold his considerable Enron stock literally weeks before it imploded to start a business. Everyone thought he had inside info but it was just bind luck.
Or really good Kama.
Across the street neighbor back in the day worked for Enron - lost it all including his job. He was flying high and feeling rich as hell until they couldn't even afford paper to tell him you got ZERO
Quote from: windtrader on February 12, 2022, 06:05:48 PM
Across the street neighbor back in the day worked for Enron - lost it all including his job. He was flying high and feeling rich as hell until they couldn't even afford paper to tell him you got ZERO
Hundreds of friends of mine never lost their 401k,some took big hits from the banks they owned stock invested with their 401k,some took hits that owned Enron stock, but none lost their money they invested in the 401k that is protected by law
Quote from: luvrbus on February 12, 2022, 06:28:37 PM
Hundreds of friends of mine never lost their 401k,some took big hits from the banks they owned stock invested with their 401k,some took hits that owned Enron stock, but none lost their money they invested in the 401k that is protected by law
The Enron management team on that Puerto Rico project - some made it really big & some went bust. It was all according to where their money was at that time.
Quote from: windtrader on February 12, 2022, 06:05:48 PM
Across the street neighbor back in the day worked for Enron - lost it all including his job. He was flying high and feeling rich as hell until they couldn't even afford paper to tell him you got ZERO
Yep had a good friend that was management and same thing lost her job and her whole 401K. She was after that managing an RV park on the Delta. She lost it all. Real sad.
A company can take the part they contributed to your 401k to cover loses if they choose to,your part is protected by laws passed after the raiders would buy a company like they did with the old grocery chain and used the 401 to pay for the buy and then sell off the assets and walk away with millions. I had a 401k for my employees wasn't my idea,they had their choices and choose the 401.I never did like the 401k but if you have a good year in business, it is a good place for taxes.LOL if you have a 401k and don't like stocks move because you are playing the stock market and greed comes at a cost sometimes when you deal with Hedge Funds for big fast money ,you make the choice on the investment not the company and you need to stay on top of it .Enron used the loop holes for some big tax refunds for sure they all do
Right hydrogen or some synthesized liquid fuel based on hydrogen. The primary energy source to generate it at very large world wide scale would likely need to be some form of reactor. After Fukushima pressurized uranium based reactors are OUT. It takes decades just to turn it off or in Fukushima's case, centuries.
But I'm intrigued by the thorium based LFTR reactor designed for airborn bombers and later looked at by Nasa. Oak Ridge National Laboratories built a test reactor in 69 but it was ordered shutdown (and dismantled) apparently because it does not have a plutonium byproduct, a strategic imperative at the time.
Something like a LFTR could power Hydrogen production at scale in multiple sites. Coal country would be a good for start.
The OIL companies would need to be brought on board to build and operate hydrogen refineries. Their support would be key to getting something like this off the ground.
Sadly China is documented as having obtained all available research from ORNL on the LFTR project. (Actually called the MSRE by ORNL). We don't know how close they are to getting one production ready.
Quote from: lvmci on February 12, 2022, 09:25:52 AM
Clean energy has been the hope and the scientists goal for many years, my hopes have been on hydrogen powered motors, that exhausts water vapor with an unlimited supply of the element. GM gave their dealers a chance to drive hydrogen powered generators powering electric drive motors several years ago, before Tesla came on the scene. The small suvs, 11 of them, were the same SUV powered by gas in their line up. the dealers put the kabosh on them, because of a slight whine noise, different then what they were used to. So GM killed the project. No one thought to mask the sound that some electric cars make nowadays...
I never dug into the details whether it was a retirement account or what kind. The portion of employee contribution to 401K from wages has no inherent protection.
The huge gold chest my neighbor saw disappear was company stock and options which could have been under some "retirement" plan, really doesn't matter as 401k funds can be invested in virtually any stock and if they goes bust so does your own and any company contributions. 401k does not mean 100% safe and protected.
Our 401ks got transferred into IRS then we proliferated with annuities so as not to have all eggs in one basket. With inflation so rampant retirement is somewhat always a struggle compared to our working years.
Quote from: dtcerrato on February 13, 2022, 04:34:47 PM
Our 401ks got transferred into IRS then we proliferated with annuities so as not to have all eggs in one basket. With inflation so rampant retirement is somewhat always a struggle compared to our working years.
The closer we get to retirement the more I agree with you. It's all starting to look more and more like a crap shoot.
The good old days of great retirement benefits - Lifetime medical and defined benefits pension that adjusted for inflation. Those days of a secure healthy and financially stable ride are just a dream now.
My pension adjusts for inflation--every month it goes down!?! Jack
One thing I need to mention of retirement to those that haven't yet and while we're at it for those that have retired please comment about my mention: ie: No matter when you retire - one thing is for sure - you will somehow always make ends meet and a parallel thought that should ride your mind when approaching retirement is to KNOW that father time waits for no one, the clock keeps ticking & it is always later than we think.
On a side note: I knew within 5 years of going out (retirement) I was ready (we retired at 63 yo) because I kept saying "I'm getting too old for this sheet" - not because I felt old but because I didn't want to put up with all the BS anymore - it was time & work was no fun. We love retirement & every time I hear the rush hour traffic in the distance - I remember the commute years and never miss them nor the schedule or the alarm clock. Rant over.
This year is my retirement year. Assuming I can sell my house for a decent amount.
Timing is not exactly stellar. But then there is always some reason NOT to retire.
I use the word retire loosely. In my case it means leaving corporate nonsense behind.