I'm 20, and i'm starting college in january, then doing a bunch of crazy **** involving grad school, but i don't think i will ever retire, it's stupid IMO to put money aside, and hope that you die in time. opinions?
I didn't say people immediately died after retiring... to the contrary, i don't want to put money in a retirement fund, and run out of money, but still have living to do and not be able to afford it, AND be too damn old to do anything about it.
I will put away money, because that's a good idea, but i absolutely LOVE what i do. seriously it makes my life go around, so i doubt i'll ever get tired of it.
** what i'm going to school for in january
I didn't say people immediately died after retiring... to the contrary, i don't want to put money in a retirement fund, and run out of money, but still have living to do and not be able to afford it, AND be too damn old to do anything about it.
I'm 20, and i'm starting college in january, then doing a bunch of crazy **** involving grad school, but i don't think i will ever retire, it's stupid IMO to put money aside, and hope that you die in time. opinions?
I didn't say people immediately died after retiring... to the contrary, i don't want to put money in a retirement fund, and run out of money, but still have living to do and not be able to afford it, AND be too damn old to do anything about it.
I'm 20, and i'm starting college in january, then doing a bunch of crazy **** involving grad school, but i don't think i will ever retire, it's stupid IMO to put money aside, and hope that you die in time. opinions?
Does anyone here never want to retire like I?
I cannot see myself never just stopping my career. There would be nothing to do.
This topic has brought up my repeating thought as to whether I am on the right track. At 37, I have about a year's worth of direct savings, and more in various investments and such. But I also have a heavily underwater mortgage and a child on the way. I'd love to get into a cheaper mortgage, but I'd lose my ass on the current one. So none of that is going to help financially!
But I've never really been able to figure out what you're "supposed" to have at this age. Like, I certainly don't see myself having millions in the bank for retirement at this rate. But I can't imagine that most people do. Short of giving up everything in life and living like a hermit, I don't see how I even could get there (and that is not worth it to me). I'm a freelancer currently, so there's no employer-matched 401k. I put $350 a month into my Roth IRA, and try to push whatever else I can into savings and managed mutual funds. But with the way the economy has been the past few years, none of that has grown (in fact, most of it was worth less for many years). If I had to guess, I'd say I put about 10-15% into savings (not including the IRA) each year.
And with my wife not planning to work for a while (she can't do it while pregnant, and it won't really work with a kid), I'm taking on the bills she used to pay (like health insurance, ugh!) while at the same time finding out that one of my biggest work projects is ending.
Hopefully, I'm just scaring myself, and I'm well on my way. But I'm curious where other people are at this time in their lives. Money is a topic few people like to discuss, so it's hard to find out from friends.
Quite the contrary. I think that many people barely do anything now because they just work. Now, I'm not the type who wants to spend my retirement traveling to exotic lands or playing golf four times a day, but I would love to have the freedom to just do stuff without the worry of needing that paycheck. I'm also the type who can just wake up, be lazy all day, then go back to bed without feeling like I've wasted the day (not every day, mind you). I used to have a full-fledged hobby where I'd spend hours and hours every day day working on 3D modeling projects, or other artistic endeavors. I just could not get enough. But now, I never get the time to really pour myself into a project. I don't like even starting something I know I won't really be able to pour myself into, so now I rarely ever do it any more. And, even in retirement, I could probably do some of those things to make a little extra.
I'm 20, and i'm starting college in january, then doing a bunch of crazy **** involving grad school, but i don't think i will ever retire, it's stupid IMO to put money aside, and hope that you die in time. opinions?
I didn't say people immediately died after retiring... to the contrary, i don't want to put money in a retirement fund, and run out of money, but still have living to do and not be able to afford it, AND be too damn old to do anything about it.
I will put away money, because that's a good idea, but i absolutely LOVE what i do. seriously it makes my life go around, so i doubt i'll ever get tired of it.
** what i'm going to school for in january
Does anyone here never want to retire like I?
I cannot see myself never just stopping my career. There would be nothing to do, and its seems people who work even after retirement age seem to live longer and be healthier because they have a reason to wake up in the morning. I'm not saying any of this is fact but speculation on my part.
I don't see a problem with hoping you die before the money runs out. If you don't, just kill yourself.
I will put away money, because that's a good idea, but i absolutely LOVE what i do. seriously it makes my life go around, so i doubt i'll ever get tired of it.
Does anyone here never want to retire like I?
I cannot see myself never just stopping my career.
I love what I do, But the time is coming when 50+ are no longer really in the game.
Time is running out....
I don't see a problem with hoping you die before the money runs out. If you don't, just kill yourself.
I will put away money, because that's a good idea, but i absolutely LOVE what i do. seriously it makes my life go around, so i doubt i'll ever get tired of it.
** what i'm going to school for in january