@Quse wrote:
@SeaMaiden wrote:
@hoosieroriginal retiring on a small amount of savings is fine....but, what if you get sick( which is mist likely going to happen) and , what if you live way beyond your savings amount. Many people live longer than the average lifespan. If you retire with just enough to get by....you are probably going to run out of money. My Husband I have well over a million for retirement now , and I still worry about things that could at might come up and if we will have enough.
I often think of Frank.
Long ago, in a galaxy far away, when I was a teller in a bank, Frank worked from time to time in our branch. Frank was the annuity salesman...and he WAS a salesman. Personable, loved to talk about his grandkids and horses. Frank loved life, loved living, spent as much time as he could doing things he loved. His job was to help people plan financially...always looking to the future..would they have enough $$, etc...but Frank lived each day as if it was his last. HE didn't actually live like he constantly planned for the future, he just lived. (of course, he DID plan for the future, he just didn't get rankled about it)
Frank finally retired. I don't remember the exact age he was when he retired, but he was fairly young, probably mid to late 60's. Although in fairly good health (he also liked dining and all that comes with it), just a few months after he retired he had a massive aneurism and died. Had he planned all of his life, like so many of his clients did to start living when he retired (I'll have more time to ____ when I retire) he would have never lived.
I was young at the time and his life and death had a profound impact on me.
I think of Frank often.
Plan for the future, but live your life as you go.
@Quse Unfortunately that happens. Personally I wish I hadn't stopped working so early. Even though I had worked since 15 and was burnt out, I think I would have been more proactive in dealing with my spinal issues. Since I didn't have a job to get to, I think I allowed them to lolly gag around trying too many conservative treatments that didn't work. It might not have worked out differently but I think it would have. I would have had surgery years ago and kept on going. Now I'm in a big mess. It has really hindered my social interactions as well.
My dad is 80 and still working part time. He's in better shape than I am!! We all dream of retirement but working is actually very good for some people. It keeps you on a schedule (yes, that can be a bummer), keeps your mind active, and you interact with people everyday. I think sometimes people just need an extended vacation to recharge and relax, not retirement.
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