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Ok, I just raided my 401k. Not much, 77Ks. I'm off to Vegas.

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valis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:04 PM
Original message
Ok, I just raided my 401k. Not much, 77Ks. I'm off to Vegas.
Any advice? I know, sometimes I'm impulsive, but last week I woke up and it was clear to me that there is no point in saving for retirement. I want to have fun NOW! I'm gonna have a nice week in Vegas. Hopefully win big. Am I crazy?
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progmom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:04 PM
Response to Original message
1. yes.
in a word, yes.
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Droopy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:06 PM
Response to Original message
2. Play some high limit blakcjack for a while
and you'll see just how crazy that is.
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valis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:08 PM
Response to Reply #2
4. Why? What's the point of saving for when you are old ?
By then you'll be sick and unable to enjoy anything...
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Droopy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:10 PM
Response to Reply #4
6. It's horrible to be poor when you are old
You'll be working until the day you die.
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valis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:11 PM
Response to Reply #6
8. Didn't think of that... I'm 29... I'm having a midlife crisis...
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candy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:19 PM
Response to Reply #4
13. What silly young person you are.
Old people enjoy plenty---I'm one of them.

Time you met a few old folks I would say.
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unblock Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:07 PM
Response to Original message
3. roll it over into an ira. you have 60 days.
no point in saving for retirement?
what, are you planning on dying before then?
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valis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:09 PM
Response to Reply #3
5. Dunno, travel to some country where cost of living is low..
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valis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:10 PM
Response to Original message
7. Ok, I'll just play with 35Ks. If I lose it all I'm done with Vegas.
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demnan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:12 PM
Response to Reply #7
9. You have more money than brains
give me some (money, that is) I have the brains to know you're making a horrible mistake.
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valis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:37 PM
Response to Reply #9
18. This is sad, I know, but I feel like opening up today...
I got my PhD at age 19, but soon after that something terrible happened. I got a form of meningitis and was in terrible shape for like 2 years... I ust have lost 50 IQ points, serious... Just cannot concentrate anymore... That's why I'm just doing stupid web programming, you know, the kind you can do without thinking much... But if you think I'm stupid, well, there is some truth to it... And I'm not happy about it...
You see? I keep thinking that I could get another disease like that anytime and be dead... With 77K in the bank...
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Droopy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:42 PM
Response to Reply #18
19. Well, Valis, if you are serious
Here's a gamble for you. The chances are that you are going to live to retirment age. Why don't you bet on that?
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Pawel K Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:30 PM
Response to Reply #7
16. You might as well just hand the money to me
And I'll tell you what. We'll get 10,000 peices of paper and one will have your name. If you pull out that one I double your money, if you don't you give it to me. Okay? This is exactly what you are about to do and I hope you are kidding ;)
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Tyrone Slothrop Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:12 PM
Response to Original message
10. Three words: All on red. n/t
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deutsey Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:13 PM
Response to Original message
11. So...you're testing Bush's proposed theory for SS "reform"?
Edited on Tue Apr-19-05 01:15 PM by deutsey
Let us know how it turns out.

:evilgrin:
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candy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:17 PM
Response to Original message
12. I certainly hope you're kidding!
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dubyaD40web Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:25 PM
Response to Original message
14. Nooooo!
Invest it in international stocks etc. I made 19% in three days.
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phusion Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:26 PM
Response to Original message
15. man...Go to Mexico!
77k...you can live on the beach drinking beer and eating out for about 5-6 years straight.

Let me know if you need any company.
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valis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:33 PM
Response to Reply #15
17. Well, it depends... Are you a nice person?
:D
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phusion Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-19-05 01:52 PM
Response to Reply #17
20. hehe
I've never been called mean...so, I guess?

:shrug:
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