You know, it dawned on me this am as I get ready to host 36 (DW's family) for T-Day, complete with all the fixins, good booze, beer, and wine, how fortunate I am (and I believe most of you all are on this forum). The 80/20 (probably more like 95/5) rule applies as most of us here have made intentional financial decisions at some point in our lives to reach certain financial = lifestyle goals for our future. It saddens me to see friends of mine who I have known for years keep up with the Jones to only hear that they have no RE plan as they hit their 50s - 60s. Most of these people have no plan except work. I have noticed it becomes more difficult for these people to hide their financial challenges, primarily ability to RE, due to lack of resources as they hit this stretch of age. There have been many times over past years where I have wanted to jump into thier lives and shake some financial sense into them, but it never happened. It saddens me to see a train headed on a collision course like this. OTOH, I am very thankful to find a group of like minds on a site like this where ideas are shared. We are the lucky ones (lucky in that something/someone/some situation/experience gave us the wisdom/determination to implement a plan)!
Happy Thanksgiving!
Happy Thanksgiving!