How do you want to go?

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What age would you like to live until?

<40
0
No votes
<60
1
8%
<100
5
38%
For fucking ever
7
54%
 
Total votes: 13

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Calbrena
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Post by Calbrena »

Bazz wrote:Teachers have a good pension scheme!
Tell that to my mother in law, who still has to work to support herself despite "retiring" years ago.

@LG, a supply teacher in the UK is a teacher who replaces another one when they're ill/away for training/etc. How do you call those in the US?

@Bazz, I agree with the promotion bit, which is why I barely teach myself. Although of course I'm in a different situation since I was never an official school teacher. Anyway, yeah, management is more interesting AND less tiring than actual teaching.
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Post by Lord Golbez »

In the U.S. we call them substitute teachers. Also, I don't know about in the UK, but in the U.S. it's not a very good job, from what I've seen. Poor pay and you'd probably need to get another job to realistically support yourself.
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Post by RDM »

Anonymous wrote:The RDM would argue that all of the people being dead wouldn't be a terribly bad thing in the grand scheme of things. We're fucking much more up than we're improving.
That Anonymous character was a wise man.

Teachers have the best pensions you're going to get around here. The pension the RDM has now is basically the worst case scenario for a teacher and it blows his old 401k out of the water (provided he lives to be at least late 70's).
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Post by Bazz »

I earn double what I used to earn in my old job, and I'd worked there longer than I've been a teacher, so for me the money's not bad. In my old job you'd get a pay increase in line with inflation each year, so almost nothing in recent years. As a teacher for the first 6 years your pay goes up by about 6% each year, so about 40% over the first 6 years. That's on top of an increase in line with inflation, so maybe 7% a year really. Those pay rises are almost guaranteed, but if you're performing very badly you won't get them. Then you have a further 3 increases you can get which are trickier to get, but most people will get them over time.
The problem with the pay is that it pretty much caps at that point unless you take on additional responsibility, which in some places is hard to do, in London though (or in my school at least) there seems to be plenty of additional responsibility to go around.
I don't know any teachers who've had to take on a second income.
Calbrena wrote:
Bazz wrote: Teachers have a good pension scheme!
Tell that to my mother in law, who still has to work to support herself despite "retiring" years ago.
I don't know about her situation, but teacher pensions are generally regarded as being good. I've looked at what I'm likely to get and it seems like something I could live on happily. It does take a big hit if you don't spend nearly your entire working life as a teacher though, which I can't predict if I'd actually do...
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Post by Calbrena »

Bazz wrote:I don't know any teachers who've had to take on a second income.
I know plenty of teachers who have, although they're not London based. Actually, it would be nice if Chi could tell us about his personal experience, because I think it might be pretty different from yours. I suppose a teacher's income is ok for a single person with no kids, not so good for someone who has a family? :?

Anyway, the main thing I've seen is teachers having to work after supposedly retiring, or having to work during school holidays. But yeah, I also know teachers who have to do extra teaching or tutoring throughout the school year because they live in expensive cities.
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Post by Fei Ayanami »

SPOILER

I don't want to die
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Post by Calbrena »

Tough, you don't have a choice.
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Post by Fei Ayanami »

I can choose to die today if I want to. (I don't want to.)

Unfortunately I can't choose not to die today. I can try not to, though! I will!
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Post by Calbrena »

Best of luck.
My main concern is not running out of money within my lifetime. It's a bit difficult to plan for that without really being able to pick the exact date after which I won't need any peas.
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Post by Lord Golbez »

I'm just going to steal stuff from GOP members when I run out of money.
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Post by Bazz »

Calbrena wrote:Best of luck.
My main concern is not running out of money within my lifetime. It's a bit difficult to plan for that without really being able to pick the exact date after which I won't need any peas.
You could become a monk, they don't seem to need money. Or instead of putting money aside for your old age you could instead use the money to buy and store lots of scratch cards and then on the day you retire you could scratch them all and then live a life of luxury on the winnings! What could possibly go wrong?
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Post by Damien »

Seems expensive and risky. Scratchcard prizes have a finite period where they can be claimed. I've just bought a scratchcard and this reminded me to scratch it off. Won fuck all!
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Post by Calbrena »

Bazz wrote:What could possibly go wrong?
They probably have an expiry date?
It's probably safer to bet everything on the result of the next US election, or something. Everyone knows opinion polls are always super accurate.
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Post by Bazz »

I love how you both told me a technical reason why it might not work, as though you're on board with the idea of gambling your entire savings but you want to find a system that works!
I wonder how many other people would do the same? We should start risky pensions ltd. We hold people's money in trust and just buy them a ticket to the world series of poker, a trip to Las Vegas and 10,000 lottery tickets when they retire. They'll have a fun week at the very least.
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Post by Calbrena »

Sounds like a plan. Sign me up. :check
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Post by Damien »

Reminds me that I'd planned to play all the videogames that I'd accumulated and not finished once I'd retired, but as shit stands, I'll probably never retire :sastea
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Post by RDM »

The RDM is totally on board with the idea of gambling his entire savings because his entire savings is none money and what's the risk in that?
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Post by Fei Ayanami »

I suspect the potential return on your gamble of $0 will be low.
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Post by eightman »

actually seems like a 100% return. even a 1,000% return on his $0.00 investment.

currently chasing the money beast. once built up can reduce effort so long as i don't get too much of a taste for it and its ever increasing demands for satiety.

eventually want to have the time to be bored and have the option to do little to nothing. many a responsibility at the moment and constantly adding.
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Post by Calbrena »

I also wish I could achieve that. I'd be happy to be able to "retire" at 45 or 50, aka just have enough financial security to work part time, or something like that.
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Post by Lord Golbez »

Yeah, I'd like to win the lottery too.
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Calbrena
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Post by Calbrena »

Nah, if I did that, I wouldn't need to work at all, ever.

I was just talking about investing all my savings in scratch cards, obviously.
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Post by Lord Golbez »

I mean, I'd like to win the lottery by age 45 or 50 too. :p
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Post by Calbrena »

Do you even play it? :?
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Post by Lord Golbez »

Only when the jackpot gets super high. I'm certainly not going to play on the regular, so I only bother if it's gotten really high.
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