Posted by mj on May 02, 2015 at 20:56:55 from (216.237.70.109):
In Reply to: Social Security posted by W_B on April 30, 2015 at 18:27:41:
Yep- being as diversified as you seem to be sure gives 'peace of mind'. What you are depending on is quite similar to my situation when I retired in 2004 at 59 1/2. Everything has worked out as I foresaw it since then .......ahhhhh.......life has been good: no car payments, place paid off, low property taxes, no dependents (just the two of us); pretty much'foot loose & fancy free :) Then comes word that my pension is, most likely, going away after the first of the coming year :twisted:. We both began drawing SS early (get it while you can mentality) but may have to start drawing on our reserves sometime in 2016 BUT if the politicians have their way and our SS benefits cease then we will be left with our reserves which will probably carry us for another 8-10 years; by then I probably won't care but I do worry about what my wife will live on since I have a paltry amount of life insurance and she is younger than I am so will probably outlive me by 5-10 years. So, diversification is a definite plus as there doesn't seem to be any one thing that any 'workingman' can really depend on these days thanks to the constant 'meddling' by Washington . Oh well, just gotta 'keep on keepin. on, I reckon :)
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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