I'm not sure I'll ever quit working, but do look forward to withdrawing from the rat race. I'd like to try some of those jobs that always sounded fun but wouldn't pay enuf to make a career of. Part-time, of course, and probably not for 6 months or so. Won't have to take any crap from anyone. Don't like the boss or the direction the company is going? leave. no worrying about having to have another job. Don't need a good reference, don't have to explain gaps in employment.
FREEDOM is what retirement means to me.
I have more interests than I can fit into my life now. My retirement will be filled with a lot of things I just don't have time to do now.
My biggest fear is being old and poor (after experiencing how much Young and Poor sucked) so I am squirrelling away all I can while I can. I have friends about my same age who spend everything that comes in, and some years they do REALLY WELL. I don't think they will ever be able to retire but they are Live For Today people, so, not like it will dawn on them that someday it's not going to be so easy to just pick up a second job.
Those that don't contribute enuf to get full match on their 401ks are simply foolish. "I can't afford it" is crap, how can anyone afford to bypass FREE MONEY!? I've also been fortunate to have 2 employers that not only matched, but a couple times a year threw in an additional percentage of my salary. Wonderful benefit: more free money!
The 401k is what's gonna save my butt when I'm old and I've got another long while to collect free money and grow it.
FREEDOM is what retirement means to me.
I have more interests than I can fit into my life now. My retirement will be filled with a lot of things I just don't have time to do now.
My biggest fear is being old and poor (after experiencing how much Young and Poor sucked) so I am squirrelling away all I can while I can. I have friends about my same age who spend everything that comes in, and some years they do REALLY WELL. I don't think they will ever be able to retire but they are Live For Today people, so, not like it will dawn on them that someday it's not going to be so easy to just pick up a second job.
Those that don't contribute enuf to get full match on their 401ks are simply foolish. "I can't afford it" is crap, how can anyone afford to bypass FREE MONEY!? I've also been fortunate to have 2 employers that not only matched, but a couple times a year threw in an additional percentage of my salary. Wonderful benefit: more free money!
The 401k is what's gonna save my butt when I'm old and I've got another long while to collect free money and grow it.