lem1955
Recycles dryer sheets
- Joined
- Mar 1, 2007
- Messages
- 315
Luck and Focus
1) Made a smart job change at 33, where my salary increased rapidly for the next 22 years and the employer paid over 20% of my salary to a 401k. My contributions were additional.
2) Read A Random Walk Down Wall Street in my 30’s and adopted the no market timing, no stock picking, AA and low cost mutual fund strategy and stuck to it.
3) Chose the right spouse and stayed together.
4) Lived in a place without a constant presence of things to buy. Rural VT.
5) All of the above allowed me to LBYM without feeling deprived.
6) Worked enough between age 56 and 60 to allow my 401k to recover from the 2008-9 Recession. (At a much lower paying job.)
1) Made a smart job change at 33, where my salary increased rapidly for the next 22 years and the employer paid over 20% of my salary to a 401k. My contributions were additional.
2) Read A Random Walk Down Wall Street in my 30’s and adopted the no market timing, no stock picking, AA and low cost mutual fund strategy and stuck to it.
3) Chose the right spouse and stayed together.
4) Lived in a place without a constant presence of things to buy. Rural VT.
5) All of the above allowed me to LBYM without feeling deprived.
6) Worked enough between age 56 and 60 to allow my 401k to recover from the 2008-9 Recession. (At a much lower paying job.)