WWDog
Recycles dryer sheets
I didn't find this site till well after I retired for good from my second career at 51. When I started my second career I built a spread sheet which showed what I have in the bank and coming in from pensions, what I owed, and what I spent in each category each month. After I owed nothing, then had more coming in than what I owed on average each month including large expenditures such as car etc., then I felt I was ready to retire with some level of security. So I was basically set up to save money in retirement. Lately I have accelerated my saving looking at the political environment and the state of finances in this country. I feel that the money I have coming in has some degree of risk as the risk of a big change in the rules and foundation of our society. Even with all the extra savings and helping out the kids more than I thought I would need to, I am not neglecting our life style. I think something has to happen in the near future and I don't want to be looking for hand outs after 16 years of retirement. My philosophy is minimize my risk of financial and lifestyle collapse.