Saving before and in retirement can pay off in many ways. "Too much?" I dunno, as long as you are able to maintain your desired style of living, as well as insure against unknown risks or events -- health, accidents, children's needs, and so forth. I've been retired for more than 10 years. Recently my daughter needed cash to make a downpayment on a house. We were pleased to be able to provide a large block of cash toward that purchase. We hadn't saved "too much." We had a contingency reserve. This wasn't simply money sitting in the bank. It had been invested in the stock market.
Statistics: Posted by Garco — Thu Jul 25, 2024 12:00 pm — Replies 103 — Views 11119