CompoundInterestFan
Recycles dryer sheets
- Joined
- Jan 20, 2007
- Messages
- 222
I was thinking about this today. The way things are looking right now (at 33), being able to retire completely by 55 will be fairly difficult. Granted, it's a long ways away, and a lot could change between now and then, but right now I just can't get the numbers to work out. I found this rather depressing, but then I started thinking hey, what if I just continue saving as much as possible until 55, stop contributing, and let the pot ride for another 5-10 years? By that point in time, it will have (hopefully) accumulated to a large enough number that my annual contributions won't make much difference over those 5-10 years. But by not having to pay that amount into my retirement (and also having my house paid off), I could potentially downgrade careers to something less stressful, more fun, until the retirement pot accumulates enough so that I can leave for good.
Sure, I wouldn't be fully retired, but I wouldn't have the same job pressure I do now. It'd be kind of like a slow descent as opposed to a screeching halt.
Whaddya think?
Sure, I wouldn't be fully retired, but I wouldn't have the same job pressure I do now. It'd be kind of like a slow descent as opposed to a screeching halt.
Whaddya think?