early retirement?
Hello, My wife and I are almost 50, she's getting really sick of the rat race. She's been working fulltime since she was 16 and I've been working since I was 19. We already have a destination tr...
Forum Discussion
PAWATT
Yes, but you still hopefully have at least 20 years left to go (based on your prior post.) That thing about inflation and health care costs (unless you're military) goes for you (just like for me) also.
I saw my FIL living day to day at the end of his retirement. He thought his&her SS and his $230/month lifetime pension would keep him and my MIL happy forever. 25 years later my BIL and I were picking up the pieces (he owned his house at least.) I'm sure there are many readers of this forum that has had similar experiences.
My FIL never pondered what could be around the next corner, he just wanted to live for the moment. They did have a nice retirement in the beginning even if it was humble compared to others (small house north/double wide in Florida.) Between medicine, Florida getting costly, inflation on necessities, his buying power just eroded away.
Yes, but you still hopefully have at least 20 years left to go (based on your prior post.) That thing about inflation and health care costs (unless you're military) goes for you (just like for me) also.
I saw my FIL living day to day at the end of his retirement. He thought his&her SS and his $230/month lifetime pension would keep him and my MIL happy forever. 25 years later my BIL and I were picking up the pieces (he owned his house at least.) I'm sure there are many readers of this forum that has had similar experiences.
My FIL never pondered what could be around the next corner, he just wanted to live for the moment. They did have a nice retirement in the beginning even if it was humble compared to others (small house north/double wide in Florida.) Between medicine, Florida getting costly, inflation on necessities, his buying power just eroded away.
