Random Jabber Jibber thread

Laughing Grass

Laughing Grass

Well-Known Member
Rollitup Advertiser
GreatwhiteNorth said:
Lottery win is retirement plan for 34% of poll respondents

CBC News · Posted: Jan 30, 2014 11:22 AM ET | Last Updated: January 30, 2014
A majority of Canadians recently polled say they are relying on the Canada Pension Plan, many of them heavily, to get through retirement.

The Bank of Montreal survey found that 89 per cent said they would have to rely on the CPP or the Quebec Pension Plan when they stopped working.

Nearly a third — 31 per cent — said say they will count "heavily" on the government pension plan.

Meanwhile, 88 per cent of respondents said they would use personal savings like RRSPs or tax-free savings accounts to help fund retirement, while 59 per cent said they would likely take a part-time job.

Other options included the 49 per cent of respondents who planned on selling their homes or property for some cash.

Less than half — 40 per cent — were counting on an inheritance, while 34 per cent hoped to win a lottery. Twenty-eight per cent say they expect to get financial assistance from their children or other family members.

The online poll of 1,003 adults was conducted by Pollara between Nov. 18 and Nov. 22. The polling industry's professional body, the Marketing Research and Intelligence Association, says online surveys cannot be assigned a margin of error because they do not randomly sample the population.

https://www.cbc.ca/news/business/lottery-win-is-retirement-plan-for-34-of-poll-respondents-1.2517046
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I honestly don't know how most young people living here can save for retirement. The average cost of a one bedroom rental is $2,280 per month, so if you're making anything under 100K, saving for retirement is a pipe dream.
 
BarnBuster

BarnBuster

Virtually Unknown Member
Laughing Grass said:
I honestly don't know how most young people living here can save for retirement. The average cost of a one bedroom rental is $2,280 per month, so if you're making anything under 100K, saving for retirement is a pipe dream.
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The secret is to START the savings, even if it's a little each month, and on a regular basis. If I would have started 6-8 years earlier when I was younger, I could have retired at 48 instead of 58. Compound interest is your friend especially when you have a 40 year time horizon.
 
ANC

ANC

Well-Known Member
GreatwhiteNorth said:
@ANC
Do you foresee this as a problem where you are?

https://www.bbc.co.uk/news/world-africa-48962265
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God no!... We still haven't really found a way to move away from apartheid spatial planning, and people still largely live in segregated areas, not by force, but it is just the way people still do shit.
When the new government took over they started giving poor people small monetary grants to help pay for diapers etc. You can imagine what happened... People made babies for grant money.
At the same time, farm workers were starting to demand permanent housing on the farms, etc... And the farmers started finding ways of laying off people, adding more people to the most poverty-stricken areas.

Now you should also know poverty breeds poverty, and these areas became hotspots for gangsters. There are heaps of these gangs, but they stay in their areas. It is too dangerous to leave...
Even the places mentioned aren't affected in totality, It is usually the poorest suburb in the town or maybe even an informal squatters camp.

These gangs live by the gun, I think they shoot like 10 of each other each day, and many innocent people in their areas suffer as a result.
It is those people who have been begging the army to be deployed so they can sit upright in their houses and walk in the streets without fear of being hit by stray bullets.

These are no areas you and I are likely to end up in, even accidentally... Although I did use to hang in the most dangerous of those places with real skollies when I still did drugs in my young days.

I'm bipolar so when you add drugs, my decision making lacks calibration.
 
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Dr.Amber Trichome

Dr.Amber Trichome

Well-Known Member
tyler.durden said:
Hello, Good Doctor. Strangely, I have no gigs. I'm going to hang with my pianist buddy Friday night. We get high, drink some nice bourbon or a single malt, and play music that WE love, as opposed to the trite wedding garbage we usually have to play. That's not really fair, some of the wedding and event music is okay. But it's nothing like the meaty, technical, arcane music that we choose to play. These nights really feed the soul. Saturday and Sunday are supposed to be really nice weather here, so I'm going to busk at the zoo and downtown on those days. I haven't been out busking in a while, it should be fun. What are you up to?
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That’s sounds so fun! I hope it’s a wonderful weekend for you. I’m flying to Philadelphia in a few minutes.i think we are going to see a Dead cover band tonite in New Jersey and tomorrow I’m going to the beach.
 
BarnBuster

BarnBuster

Virtually Unknown Member
Dr.Amber Trichome said:
That’s sounds so fun! I hope it’s a wonderful weekend for you. I’m flying to Philadelphia in a few minutes.i think we are going to see a Dead cover band tonite in New Jersey and tomorrow I’m going down the shore and walk the boards.
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FIFY
I had relatives that lived in Bridesburg, PA and when I visited in the summer, early 60's, we would always go to the beach at Wildwood.
 
Laughing Grass

Laughing Grass

Well-Known Member
Rollitup Advertiser
lahadaextranjera said:
Which state? That’s astronomical!
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Toronto Ontario.

Aeroknow said:
In Ontario? Wtf!

Must be some high paying jobs nearby?
How much does an elbow of indoor fire go for?
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https://www.blogto.com/real-estate-toronto/2018/12/average-cost-one-bedroom-rental-toronto-hits-2260/

There are lots of high paying jobs for established people. There’s also lots of low paying jobs for recent graduates and those working in the service industry. Most low wage earners can’t afford to live here and commute for hours every day. When I graduated and had to move off campus the cheapest place I could afford downtown was $1300 for a 1 bedroom and it was in a crime infested ghetto... That was almost 70% of what I earned.

According to kijiji average rental in my neighbourhood is currently $2200

1EAE15EB-50D7-4BBE-8225-35A8405FFCDF.png

DaFreak said:
I can rent a luxury 3 bedroom in Tokyo for that price. That is crazy.
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That’s Canadian is USD that’s around $1700
 
lokie

lokie

Well-Known Member
Laughing Grass said:
Toronto Ontario.



https://www.blogto.com/real-estate-toronto/2018/12/average-cost-one-bedroom-rental-toronto-hits-2260/

There are lots of high paying jobs for established people. There’s also lots of low paying jobs for recent graduates and those working in the service industry. Most low wage earners can’t afford to live here and commute for hours every day. When I graduated and had to move off campus the cheapest place I could afford downtown was $1300 for a 1 bedroom and it was in a crime infested ghetto... That was almost 70% of what I earned.

According to kijiji average rental in my neighbourhood is currently $2200

View attachment 4364898



That’s Canadian is USD that’s around $1700
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That's because it is so crowded.

Move and you could buy a nice house and a decent lot for that.;-)
 
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