Quote:
Originally Posted by Pete Lester
Ian I don't think anyone can answer this for you. However, you forgot to add a third variable, your health and your mobility. The risk you may still be alive, have a pile of money and not be able to enjoy much of anything.
Go back and look at the meme I posted, each of us has to find a comfortable balance between money and time. We all face the risk of running out of one or the other or both. Retirement is really a question of do you believe you have really good odds that you can be both secure and content with what you have and what you can do before time runs out.
For me the main reason I am not going to the Southern is I just don't feel like making such a long trip requiring me to skirt through several heavily congested areas. I am content with just going to Hausmann's which is much closer to me and much nicer drive.
Good luck to you going forward. Perhaps this will help with your decisions around retirement. I have been a member of this forum for around 25 years and found helpful information in it along the way.
https://www.early-retirement.org/ |
Thank you for the link!
For me, it’s simply a matter of living within my means, which I will do, but, hopefully, there will be enough to do a fair amount of fun stuff along the way. If there isn’t, so be it. But, that would be a disappointment.
I’m definitely not going to work until a grizzled old age—I want out of the rat race. I have somewhat of an idea what I’ll get in retirement and it’s LESS than I am getting now, but then I’m not saving for retirement anymore as well. (What a stupid idea it was to move away from pensions and towards workers saving for their retirement in 401ks!). The variables are how much will my retirement funds increase over time and will that be enough to account for inflation.
I think around the year 2030 I’ll make it to the Southern. How many years after that depends on funds and health, I suppose. And, admittedly, I’m not a particularly good shot—a combination of too many hours at work and not enough time on the skeet field and being right handed and left eye dominant.