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Why You Shouldn’t Bother To Save For Your Retirement
FYI: “I don’t want to invest money,” said the young, bearded schoolteacher. “Do you have a trust fund?” I asked. He said no. “Have you married a wealthy spouse, or perhaps someone who’s going to be eligible for a defined benefit pension?” He smiled and said no. It was a weird conversation, considering the venue. Regards, Ted https://assetbuilder.com/knowledge-center/articles/why-you-shouldnt-bother-to-save-for-your-retirement
Compromises often produce acceptable outcomes. It is not clear why some acceptable balance between a few luxury items and saving can not be reached. I suspect that most folks do this tradeoff frequently without giving it much thought.
My wife and I did so. We pretty much did what we wanted to do, and saved enough to enjoy a very comfortable retirement. Of course, the investments we made did help. Change that story and my current post would change substantially. Luck is always a major player.
Comments
Not saving whatsoever is a dangerous proposition.
Compromises often produce acceptable outcomes. It is not clear why some acceptable balance between a few luxury items and saving can not be reached. I suspect that most folks do this tradeoff frequently without giving it much thought.
My wife and I did so. We pretty much did what we wanted to do, and saved enough to enjoy a very comfortable retirement. Of course, the investments we made did help. Change that story and my current post would change substantially. Luck is always a major player.
Best Wishes