Badger
Thinks s/he gets paid by the post
- Joined
- Nov 2, 2008
- Messages
- 3,418
+1The reality for many is simple. They do not have enough money to retire to a life that they envisioned.
Retirement saving are down, way down. Ditto for the percentage of home owners who now retire mortage free. The last stats I saw showed that the fastest growing consumer debt was the 55 and over age group.
So...if you do not save for retirement until you are 60 plus, and are premier members of the consumer class then the chance of you attaining your vision of retirement is highly unlikely.
My daughter called yesterday. Her in laws were visiting. They commented that we were really lucky that we retired early and that we could afford to travel.
Her reply to them.....nothing to do with luck. It was the result of hard work and making good life choices.
Cheers!