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Topic: How do you think the US economy is doing right now?

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Riffraft

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Re: How do you think the US economy is doing right now?
« Reply #476 on: August 23, 2024, 12:47:56 PM »
My cost is unusually low, $134 a month for some Medicare Plus kind of policy, from work (it covers us both).  They take something out of my SS for Medicare, a few hundred, maybe $170.

My coverage seems to be solid though I've been healthy enough not to use it much.  My wife uses it more and she says it's good coverage.

I personally feel "comfortable", as "we" like to say.  I noted my IRA crested a number I never thought I'd see and then the "Kamala Crash" happened, and I pulled some out to pay bills, and now it crested that figure again today. 

For me, being "comfortable" means I'm not going to see a bill that stresses me and we can do "stuff" we want to do without worrying, but it is far short of paying for Delta One tickets etc.  I'll stay in Comfort seats.  Our cruises take a chunk, but manageable.
I can relate.  I wouldn't consider myself wealthy but I am comfortable.   I can also say I can't imagine that I would see a bill that stresses me out.  If we want to go out we go out.  If we see something we want we buy it.  Our major expense is also our cruises.  we have taken 4 cruises this years and 1 other trip and have 1 more cruise this year and 6 cruises scheduled for next year.  However we planned our retirement with 2 years of extensive traveling and then will back down to a couple of trips a year after that.  We could not keep up the pace of travel for the rest of our lives but wanted to see the things and do the things we wanted while we are able.  Seen too many people wait and then die or become unhealthy and can't do things.   

Riffraft

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Re: How do you think the US economy is doing right now?
« Reply #477 on: August 23, 2024, 12:51:14 PM »
How Much You Need To Be in the Top 5% in Every State (msn.com)
That is income not net worth.  As far as income I am on the low end but most would consider me well off.  Income is a nice measure but it far from tells the whole story. 

847badgerfan

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Re: How do you think the US economy is doing right now?
« Reply #478 on: August 23, 2024, 12:52:27 PM »
That is income not net worth.  As far as income I am on the low end but most would consider me well off.  Income is a nice measure but it far from tells the whole story.
Yep, I'm aware of what it was.
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Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #479 on: August 23, 2024, 12:53:51 PM »
One factor in travel is aging.  If you wait too late, it's too late.  Travel can be stressful obviously.  I can see a time when I think "I'm done, it's too much travail for me."


847badgerfan

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Re: How do you think the US economy is doing right now?
« Reply #480 on: August 23, 2024, 01:57:44 PM »
We have been very conservative on our spending this year. Only trip was to Cabo in January, and then random trips to IL/WI.
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Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #481 on: August 23, 2024, 02:07:47 PM »
We've traveled quite a bit obviously.  With the economy obviously doing GREAT with record stock market levels, I'm eager to spend it while I can.

I'm being a bit facetious.

Our big trip is a 30 day cruise in Asia in March.  And Istanbul is coming up in a few weeks.

utee94

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Re: How do you think the US economy is doing right now?
« Reply #482 on: August 23, 2024, 02:10:24 PM »
Why did Constantinople get the works?

betarhoalphadelta

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Re: How do you think the US economy is doing right now?
« Reply #483 on: August 23, 2024, 02:17:13 PM »
One factor in travel is aging.  If you wait too late, it's too late.  Travel can be stressful obviously.  I can see a time when I think "I'm done, it's too much travail for me."
Yeah, that's one reason we're doing Ireland soon. My MIL and wife's stepdad have never been out of the country, and they're 70+. They're currently in good health, but time is ticking. We don't think they'd take a trip like this alone, and my wife has wanted to go to Ireland for a LONG time. 

So we're going now because it essentially takes away any excuse they'd have for not taking the trip, since I'll be there as the trip "chaperone" and take the stress out lol. A lot of trust they're putting in me :57:

Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #484 on: August 23, 2024, 02:23:11 PM »
I prefer the  term "Byzantium", even though I'm not sailing there.

utee94

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Re: How do you think the US economy is doing right now?
« Reply #485 on: August 23, 2024, 02:23:29 PM »
A beer-lover "chaperoning" in Ireland.

Yeah this is not gonna end well... :)

utee94

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Re: How do you think the US economy is doing right now?
« Reply #486 on: August 23, 2024, 02:23:59 PM »
Oh, and take it to the Travel Unimpressions Thread!

Cincydawg

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Re: How do you think the US economy is doing right now?
« Reply #487 on: August 23, 2024, 02:29:30 PM »
Elizabeth Warren, CNBC host spar over Kamala Harris's economic proposals (thehill.com)
Elizabeth Warren, CNBC host spar over Kamala Harris's economic proposals (thehill.com)

MaximumSam

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Re: How do you think the US economy is doing right now?
« Reply #488 on: August 23, 2024, 02:40:02 PM »
Yeah, that's one reason we're doing Ireland soon. My MIL and wife's stepdad have never been out of the country, and they're 70+. They're currently in good health, but time is ticking. We don't think they'd take a trip like this alone, and my wife has wanted to go to Ireland for a LONG time.

So we're going now because it essentially takes away any excuse they'd have for not taking the trip, since I'll be there as the trip "chaperone" and take the stress out lol. A lot of trust they're putting in me :57:

Where in Ireland?

betarhoalphadelta

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Re: How do you think the US economy is doing right now?
« Reply #489 on: August 23, 2024, 02:49:53 PM »
Where in Ireland?
Quick side jaunt to Cliffs of Moher, couple days around Killarney, and then a few days in Dublin. 

 

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