Another vote for continuing with the current savings rate for either retiring sooner, or spending extra on larger Roth conversions in early retirement, or both, depending on future returns. You only have to work until you no longer need any job income. Note how your 401k contributions are based on your current income/spending, so they are representative of your current lifestyle. We don't seem to hear from retired posters who are whining about having over-saved for retirement.
Here is a compromise suggestion: Do spend a quarter of the desired annual diversion amount on some special event to build a lifetime memory. Maybe save that fraction for multiple years to pay for a single extravagance.
I retired at 55 when my work became very aggravating. I didn't have a goal of a specific retirement age.
Here is a compromise suggestion: Do spend a quarter of the desired annual diversion amount on some special event to build a lifetime memory. Maybe save that fraction for multiple years to pay for a single extravagance.
I retired at 55 when my work became very aggravating. I didn't have a goal of a specific retirement age.
Statistics: Posted by heyyou — Sun Oct 06, 2024 10:33 pm — Replies 21 — Views 1642