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Old 07-07-2011, 04:37 PM
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rjm1cc rjm1cc is offline
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Quote:
Originally Posted by Ohiogirl View Post
A friend of ours said something to me this weekend that hit home also. His parents are in their 80s and failing mentally and physically. He referred to the retirement 60s and the "go-go" years the 70s as the "slow-go" years, and 80s as the "no-go" years. I'm trying to keep this in mind, and not be so afraid to start spending it. Regardless of how we feel, we will not live forever. A good reminder that I will never be younger than I am now, and to go for the gusto (as long as I stay under that 4% withdrawal rate .
I would think this statement is probably pretty accurate when thinking of the population as a whole. I have seen some research that supports the fact that your ability to make good decisions can decline as you get older. This can be a big problem as you may need to find someone to help with finances etc.