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Riddle
Joined: 19 Jul 2006
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 Posted: Tue Sep 21, 2010 3:05 am Post subject: What will you do with your pension refund? |
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| Title says it all. I've been in Korea for 4 years now and have over 10 million won in pension. I fantasize about using it for extended travel in Asia. If you've already taken it out, what did you do with it? |
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Louis VI
Joined: 05 Jul 2010
Location: In my Kingdom
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| Posted: Tue Sep 21, 2010 3:15 am Post subject: |
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go on a month-long romp in south east asia and spend what's left tailoring a new wardrobe
(wait, i did that already  last fall)
next time i might save it (it's starting to pile up again) |
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Vagabundo
Joined: 26 Aug 2010
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| Posted: Tue Sep 21, 2010 4:00 am Post subject: Re: What will you do with your pension refund? |
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| Riddle wrote: |
| Title says it all. I've been in Korea for 4 years now and have over 10 million won in pension. I fantasize about using it for extended travel in Asia. If you've already taken it out, what did you do with it? |
out of curiosity.
is that taxed? (in Korea?)
and is medical or anything else taken out? (logic says no.. but just asking) |
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wooden nickels
Joined: 23 May 2010
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| Posted: Tue Sep 21, 2010 5:31 am Post subject: |
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I am saving my pension for retirement.  |
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Riddle
Joined: 19 Jul 2006
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| Posted: Wed Sep 22, 2010 11:36 pm Post subject: |
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| Do you plan to retire in Korea? If not you'll have to save it somewhere. I already have a Roth IRA back home that I max out every year. That should cover retirement. I think Korean pension money should be used for fun! Any ideas? |
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thrylos
Joined: 10 Jun 2008
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| Posted: Thu Sep 23, 2010 2:51 am Post subject: |
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| Riddle wrote: |
| Do you plan to retire in Korea? If not you'll have to save it somewhere. I think Korean pension money should be used for fun! Any ideas? |
Go to Walker Hill or Lucky 7 in COEX, put it all on black (or red or green) and watch the good times roll!!! |
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Louis VI
Joined: 05 Jul 2010
Location: In my Kingdom
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| Posted: Thu Sep 23, 2010 3:47 am Post subject: |
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| thrylos wrote: |
| Go to Walker Hill or Lucky 7 in COEX, put it all on black (or red or green) and watch the good times roll!!! |
I did something similar. Back in '99 I had two job options, one requiring no funds as it was in my hometown, and the other halfway across the country required a reliable car which I didn't have. So I decided to let fate decide and took my last full paycheque from a job I'd ended and put all of it - minus a greyhound ticket's worth - on a horse at the race track, wanting something 10-to-1 to 15-to-1 but going with an 8-to-1 all in to win filly. It came in third and I was on the bus the next day back to the job at home, choice made for me.  Was fun as hell to let chance decide. |
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Steelrails
Joined: 12 Mar 2009
Location: Earth, Solar System
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| Posted: Thu Sep 23, 2010 6:47 am Post subject: |
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| To quote Gritz'N'Gravy from Kansas City, Mo. "Bought my mom a car. Spent the rest on PCP." |
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asc422
Joined: 23 Feb 2009
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| Posted: Thu Sep 23, 2010 1:45 pm Post subject: |
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