Retirees living off their investments in expensive resort towns

[Anonymous]

I recently visited a resort town in Southern California. I noticed that the majority of the lunch crowd in high-end restaurants were happy, relaxed retirees.

I kept thinking, these are the people who have saved up or sold businesses in the flyover country, and are now living the high life. The employees serving them are those without investments.

I am 45, and I really hope to be one of those retirees one day.

[Anonymous]

OP here again. Just in case it wasn't obvious, I want to say that I was so envious! I know I shouldn't be, but I am.

[Anonymous]

Why do you assume they’re all from flyover country?

[Anonymous]

What town?

[Anonymous]

Anonymous wrote:I recently visited a resort town in Southern California. I noticed that the majority of the lunch crowd in high-end restaurants were happy, relaxed retirees.

I kept thinking, these are the people who have saved up or sold businesses in the flyover country, and are now living the high life. The employees serving them are those without investments.

I am 45, and I really hope to be one of those retirees one day.

Why flyover vice anywhere else? Why would servers not have investments? Such a strange post full of assumptions.

[Anonymous]

OP here. It's not worth focusing on the "flyover country". The point is that these retirees are able to live the high life because of their ample investments. Well done, but so many young people are not and will not be able to accumulate and invest as much. Just look at the mortgage interest they are paying, if they are lucky enough to become homeowners.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I recently visited a resort town in Southern California. I noticed that the majority of the lunch crowd in high-end restaurants were happy, relaxed retirees.

I kept thinking, these are the people who have saved up or sold businesses in the flyover country, and are now living the high life. The employees serving them are those without investments.

I am 45, and I really hope to be one of those retirees one day.

Why flyover vice anywhere else? Why would servers not have investments? Such a strange post full of assumptions.

+1 agreed.

[Anonymous]

Anonymous wrote:OP here. It's not worth focusing on the "flyover country". The point is that these retirees are able to live the high life because of their ample investments. Well done, but so many young people are not and will not be able to accumulate and invest as much. Just look at the mortgage interest they are paying, if they are lucky enough to become homeowners.

Oh geez. Can you all stop harping on interest rates? For over a decade 9% was the lowest we got.

[Anonymous]

My parents are happy wealthy retirees and they had a 18% interest rate during the Carter years. OP sounds unhinged.

[Anonymous]

How do you know where they are from or how they can afford the lunch at that resort town?

[Anonymous]

You don’t actually know anything about those people.

[Anonymous]

Anonymous wrote:What town?

Also wondering, OP what town?

[Anonymous]

They could live an hour away and just have driven there for a nice lunch.

[Anonymous]

Anonymous wrote:OP here. It's not worth focusing on the "flyover country". The point is that these retirees are able to live the high life because of their ample investments. Well done, but so many young people are not and will not be able to accumulate and invest as much. Just look at the mortgage interest they are paying, if they are lucky enough to become homeowners.

Then why did you throw that in there?

[Anonymous]

Wait so OP is just saying they want to be rich?