Money, money, money
moving from that chapter in life where for decades the focus was on accumulating wealth, into that chapter of finally being able to enjoy your wealth is different for everyone...and difficult for some to make the transition
Most of the financial advisors that I've met were pretty much 'doom and gloom' personalities (they want to manage you money, because that's how they support themselves...yes, it's about your retirement, but it's just as much about them)
In my mind, there is no single magical percentage point...it's going to vary each year, based on what my plan is
there's a lot of non-financial considerations that investment advisors seldom, if ever, talk about during their 'free lunches' that individuals need to factor in and consider....
yeah the big push now is...wait until you're 70 to collect social security....that works if your parents died in their 90's, but is questionable if they barely made 70...(and who is behind this anyway?? Someone with my best interests in mind, or is there another motive)
no one wants to out live their money and, as my dad would say, 'end up in the poor house'....so having a plan is important
on the other hand....I'm not about to deny myself in my retirement either....just to conform to some percentage number, based on a mathematical algorithm developed using forecasting tools
My mother's advice to me was, 'have fun, but live within your means'
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