Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Ok, so we are old and retired. Now what??
#58
I think we agree. I know I worked hard and have some financial skills like most others here. I was not put on this earth to obsess over stacking cash to the sky, impress anyone, or work an extra 15 hours trying to achieve an unecessary goal, and then die.

If I was told I only get SS/Medicare and $30-40K/YR from my investments, I could move a short distance and have a happy life. I'd still enjoy my hobbies and not dwell much on a few things I might have to give up. I have more than that thankfully.

I am sure there are exceptions, but in most of the US you can move less than 100-200 miles and not need crazy amounts of wealth.

If I was in my 30s a goal of $2M is probably necessary for an assured comfortable retirement. Unfortunately that is probably unachievable for half the population. Average wage is too low and financial education is grossly deficient.
Reply


Messages In This Thread
RE: Ok, so we are old and retired. Now what?? - by fenders53 - 02-07-2022, 11:42 AM



Users browsing this thread: 1 Guest(s)