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Old 11-07-2009, 02:21 PM   #1
Thinks s/he gets paid by the post
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Quote:
Originally Posted by charlie View Post
I am from the pre baby boom "lost generation." I think we had the
advantage of being able to move up the ladder faster and make
more money relativelly speaking than those that that followed. We
were also on the tail end of the "defined benefit" pension era. Personally,
I would never have been able to retire early without the generous lump
sum payout that I received. Even at that, I would have been hard
pressed without my sideline laundromat business and substantial
inheritances from my parents and DW's.

Bottom line, I think earlly retirement will be much harder for today's
wannabees.

Cheers,

charlie
I pretty much agree with that and personally, I have given up on the idea of "early" and replaced it will "comfortable" retirement.

I would really need some major headwinds in the equity markets or some large lump sum along the way.

I probably won't be making big money anytime soon. I can only save so much. I won't have a pension. I may get some form of SS but I am not counting on it.

Either way, I will quit at some point and if I end up being the old guy in the pic I am ok with that so long as I have my pup with me.
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