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chinaco · 05-12-2007, 06:38 PM

Yup. Because I know for a certainty that I will not need to spend it.

I am 99.9% positive that I will retire at my company in 4.x years.

I am 99.9% positive that DW will retire at her company in 4.x years

Both companies have survived over 100 years independently. DW company is #1 Mega corp in its primary market. My company is a bit smaller (mutli-billion $ organization) but in the top 10 in its industry... very strong! Plus, both companies are in completely different industries.

Even if one of use got fired (downsized, whatever), the other job is a backup with full retirement health benes. We could easily live on the lowest salary and still save money... we have a very low probability of needing to actually use the money.

Right now, it is the basis for accumulating 3 years of cash for the cash bucket of our retirement income stream. We are putting most savings into cash (and short-term bond) right now in prep for retirement.

05-12-2007, 06:38 PM	#3
chinaco Thinks s/he gets paid by the post Join Date: Feb 2007 Posts: 3,052	Yup. Because I know for a certainty that I will not need to spend it. I am 99.9% positive that I will retire at my company in 4.x years. I am 99.9% positive that DW will retire at her company in 4.x years Both companies have survived over 100 years independently. DW company is #1 Mega corp in its primary market. My company is a bit smaller (mutli-billion $ organization) but in the top 10 in its industry... very strong! Plus, both companies are in completely different industries. Even if one of use got fired (downsized, whatever), the other job is a backup with full retirement health benes. We could easily live on the lowest salary and still save money... we have a very low probability of needing to actually use the money. Right now, it is the basis for accumulating 3 years of cash for the cash bucket of our retirement income stream. We are putting most savings into cash (and short-term bond) right now in prep for retirement. __________________ Planned FIRE Summer 2011 Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.