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After living so many years frugally (with some splurges) I find that I now (having paid everything off but still w*rking) can afford some luxuries. I have to admit I enjoy them. I'm still maxing out the 401K and Roth. I'm worried I'll want these even more when I have more time to enjoy them...

1. Max 401K 2. Max Roth IRA 3. Buy starter home on 15 year mortgage, when that is paid off, turn it into a rental and buy another with a 15 year. 4. Never buy a new car nor keep credit card debt. 5. Any excess savings go into DRIP stocks.

I'm seeing that some require a 5% minimum payout. Say you have an appreciated asset like a fully-depreciated rental property that would cost you a fortune in taxes to sell if you don't want to do a 1031 Exchange to stay in the rental business... Giving that to say, a university which pays you...

http://bloomberg.com/news/2012-06-03/aig-chief-sees-retirement-age-as-high-as-80-after-crisis.htm l“Retirement ages will have to move to 70, 80 years old,” Benmosche, who turned 68 last week, said during a weekend interview at his seaside villa in Dubrovnik, Croatia. “That would make pensions...

Well, sorry to be so negative right off the bat! I have been exploring this forum for a bit and it seems there are quite a few helpful and knowledgeable folks. I'm working at a great old company in a dead-end job and I've been here about 25 years. Had a better job after college but was laid...