[quote=Big Easy Flood][quote=Starka]

Unlike you Put, I'll work as long as a) I'm physically able, and b) I can be of service to my clients.

You see sonny, I've already seen much of the world and I've learned that what you own and what you do for yourself are completely self-serving, hence unimportant.  What you do for others matters.  And if I can make a good living doing it, so much the better.  Clearly, you are impervious to those kinds moral teachings.

Therein endeth the lesson.

[/quote]

Isn't the internet a great place, the sleazest penny broker in town can appear to be a priest.

[/quote]

Ah, yes.  The hubris of the defeated.

[quote=Starka]

Unlike you Put, I'll work as long as a) I'm physically able, and b) I can be of service to my clients.

[/quote]

Let's hire this guy as our retirement advisor.  His idea is to work until he dies.

That's what happens when you don't plan Starka.  If you do it right you can quit when you're 60 or so before it's too late.

If you really do it right you can quit when  you're even younger.

You still don't get it, Put, and I doubt that you ever will.

I don't WANT to retire.  I realize that it's an alien concept to someone as narrow as yourself, but I LIKE what I do.  You, on the other hand, seem to want to have more and do more, in the vain hope that someday someone will envy you, thus validating your meaningless existence.

Pathetic, actually.

[quote=Starka]

You still don't get it, Put, and I doubt that you ever will.

I don't WANT to retire.  I realize that it's an alien concept to someone as narrow as yourself, but I LIKE what I do.  You, on the other hand, seem to want to have more and do more, in the vain hope that someday someone will envy you, thus validating your meaningless existence.

Pathetic, actually.

[/quote]

Do you not feel that you can find anything you'd like to do more than push variable annuities on older people?

Or whatever you do.

Nobody loved their job more than I did, but I love other things more.  I love arriving in a foreign city, getting an Avis car and going out to explore.

I love getting up in the early morning and taking a walk on a beach, or a mountain trail.

I think it's sad that you don't have anything better to do than con little old ladies into buying unsuitable investments for the rest of your life.

Once again, the hubris of the defeated.

Well, I tell you what- If I have a choice of hiring someone who just finished four years of College and someone who just finished four years in the Military, I'll take the Military training anyday.

Any branch of the service can teach a young person more in six weeks than any college can in four years...

[quote=Starka]Once again, the hubris of the defeated.[/quote]

Defeated?

You're the sad sack who says that all you can think of to do with the rest of your life is work?

Your entire reason for being here is to help people figure out how to quit and enjoy the rest of their life as early as possible.

And you can't even figure out how to do it for yourself.

Certainly does not breed a lot of confidence.  I can tell you, if I were your client and I asked, 'So Staka, what do you plan to do when you retire?" I would not want to hear any version of "I don't want to retire."

It reeks of meaning, "I cannot retire."

[quote=munytalks]

Well, I tell you what- If I have a choice of hiring someone who just finished four years of College and someone who just finished four years in the Military, I'll take the Military training anyday.

Any branch of the service can teach a young person more in six weeks than any college can in four years...

[/quote]

More what?  How to follow orders?  Sure.

But where in the military do they teach you to write a business letter?

It's crazy talk to suggest that four years in the military will prepare an adult American for a lifetime more than four years in college.

[quote=Big Easy Flood]

[quote=Starka]Once again, the hubris of the defeated.[/quote]

Defeated?

You're the sad sack who says that all you can think of to do with the rest of your life is work?

Your entire reason for being here is to help people figure out how to quit and enjoy the rest of their life as early as possible.

And you can't even figure out how to do it for yourself.

Certainly does not breed a lot of confidence.  I can tell you, if I were your client and I asked, 'So Staka, what do you plan to do when you retire?" I would not want to hear any version of "I don't want to retire."

It reeks of meaning, "I cannot retire."[/quote]

Put, you're wrong on this one.  Starka and I have a similar love for the calling known as investment management.  I often tell clients who ask, that as long as I am phyically and mentally able, I intend to do just what I do now, albeit on a more limited schedule.  I tell them to not be surprised if I'm still doing this at 80 (I'm just a bit over halfway there now).  Clients (and prospects, for that matter) eat this up.  They love the idea of being able to work with the same adviser for another 40 years without having to go out and interview an unknown person to handle their life's work.

I don't buy it the fact that all people who are able to, want to fully retire.  A few (mostly those who don't enjoy their jobs) do, but I have many clients who have retired, and then turned around and went right back to work because they missed it.  These are clients who absolutely do not have to work...they are fully funded.  Sure, some of them went back to work in a different career...something they'd long dreamed about but hesitated to do because their old job paid better, but the fact remains, MANY retirees continue to work because they WANT to.  If you don't believe that, go pick up the April 2006 issue of Smart Money and read the article called "Retire Happy" starting on page 65.  Here's a direct quote from it...

"In a 2005 survey by Merrill Lynch, 76% of boomers said that their ideal plan for retirement included staying in the workforce." (emphasis is mine)

Put, do you honestly think that all of these Merrill clients have to work into retirement?!!  If so, that wouldn't speak very well of Merrill's ability to grow a nest egg.  Clearly, these folks are looking to stay busy for the sheer satisfaction of it...NOT financial necessity.

It's time for you to wave the white flag on this argument and move on to something where you have some solid ground...

[quote=Big Easy Flood]Why do you suppose that Legg Mason and Smith Barney worked out their deal?  Chip Mason is no dumm--and Legg had a pretty respectable retail side.  Why did Legg let it go if it's such a big deal?[/quote]

Why did SB pick it up if it's such a turd?

[quote=Big Easy Flood]Nobody loved their job more than I did, but I love other things more.  I love arriving in a foreign city, getting an Avis car and going out to explore.

I love getting up in the early morning and taking a walk on a beach, or a mountain trail.[/quote]

And that's why you spend so much time posting here, right? 

[quote=lawsucks]

[quote=Big Easy Flood]Why do you suppose that Legg Mason and Smith Barney worked out their deal?  Chip Mason is no dumm--and Legg had a pretty respectable retail side.  Why did Legg let it go if it's such a big deal?[/quote]

Why did SB pick it up if it's such a turd?

[/quote]

There was an article about this, they are both trying to remove conflicts of interest.   If you want to read about it:

http://registeredrep.com/news/legg-mason-rebrand/index.html

Hey, why's everyone taking so many shots at each other?  It's really petty, and drives away people that might really benefit themselves and the rest of us.

Anyways, on coaching, I haven't had that much coaching anyways, but I'm way ahead of my goals (mostly because I brought in a book I had already started as an independent, but I also have new business.)

Our office is set up with a compliance guy, a new hire coach, a sales manager, a complex manager, and a operations/client relations manager. 

Anyways, I'm not looking to our sales manager for a lot of leadership.  My new hire coach is supposed to be providing leadership, but he's in an office like an hour away, and I never really hear from him.  I'm guessing that's a good thing.

Ace

[quote=Big Easy Flood]

[quote=Starka]Once again, the hubris of the defeated.[/quote]

Defeated?

You're the sad sack who says that all you can think of to do with the rest of your life is work?

Your entire reason for being here is to help people figure out how to quit and enjoy the rest of their life as early as possible.

And you can't even figure out how to do it for yourself.

Certainly does not breed a lot of confidence.  I can tell you, if I were your client and I asked, 'So Staka, what do you plan to do when you retire?" I would not want to hear any version of "I don't want to retire."

It reeks of meaning, "I cannot retire."

[quote=Big Easy Flood][quote=Starka]

It's your flawed logic laughing boy, not mine.

You seem to get confused regarding the difference between knowing how to do a job, and managing people who know how to do their jobs.  That's probably why you're now unemployed.

[/quote]

Nah, I'm unemployed because I'm 61 years old and had 35 years of service.

You may not believe this, but we don't live forever.  There's a big world out there.  I've seen a lot of it and I hope to see the rest before I can no longer appreciate it.

You get it, right Starka?  I'm doing what your clients hoped to do before them ran into you.

[quote=joedabrkr]
Truthfully, considering your arrogance I am surprised you can appreciate ANYTHING that doesn't center around YOU>
[/quote]

For the young people who read this forum.

The world is filled with guys like Joe. They're angry all the time, and what really drives them crazy is for somebody who is not a failure to point out that success is possible.

Do you suppose that if Joe was succesful he'd be railing against my stories--or would he be telling stories of his own?

Does he take you for a fool with his, "I'm doing what I love and don't intend to retire" nonsense?  This is a business that exists because human beings want to retire as early as possible.

Regardless of what you do, you're an idiot of there are not things you would want to do more.

Watch the TV commercials--somebody's talks about a guy who wants to retire early so he can teach in an inner city school.  Others talk about wanting to retire early so they can travel.  Another has a couple wanting to retire early so that they can buy a Llama farm.

The list is endless.  The only reason anybody declares that they don't want to retire is because they know they cannot retire. Why in the world would a prospect want to do business with a financial advisor who doesn't understand such basic human motivations?

Hey Put, you're the one selling his life's treasures on eBay.

By the way, say hi to the General for me.  You know.  Dad.  Your old meal ticket.

[quote=Starka]

Hey Put, you're the one selling his life's treasures on eBay.

By the way, say hi to the General for me.  You know.  Dad.  Your old meal ticket.

[/quote]

Envy is such a sad emotion--it eats at your soul.

Jealous???  Of something like YOU??????!!!  You really are quite droll!

At any rate, I've already retired once.  I didn't care for retirement, trying to fill my days with what amounted to meaningless activity.  (Of couse, this wouldn't be your problem, Put.  You've been meaningless for your entire life, so you're used to it.)  So I started on a second career.

Hey!  Since this all happened years ago, I guess by your reasoning I'm a better saver and retirement planner than the mighty Put!

[quote=Starka]

Jealous???  Of something like YOU??????!!!  You really are quite droll!

At any rate, I've already retired once.  I didn't care for retirement, trying to fill my days with what amounted to meaningless activity.  (Of couse, this wouldn't be your problem, Put.  You've been meaningless for your entire life, so you're used to it.)  So I started on a second career.

Hey!  Since this all happened years ago, I guess by your reasoning I'm a better saver and retirement planner than the mighty Put!

[/quote]

If that were true you would have mentioned it when the thread first started.

What has happened is you are scrambling to invent a story to spin your "I plan to work till I die" statement of yesterday into something that is not incrediblly negative.

Doesn't wash Starka.  You're stuck with the image of a "failed planner" who is not even able to retire yourself.

Yesterday you painted yourself in the cloak of a saintly figure--doing good for you clients while enjoying yourself, blah, blah, blah.

If you're retired from your first career why did you not become an inner city teacher?  Or why don't you run a camp for kids who have incurable diseases?

I've only been retired for a few months--since late March.  But a guy like you, what with all that compassion, should have been able to find lots of things to do that would "do good" more than shoving variable annuities down widow's throats.

Why did you not do something meaningful with your life?