Reply to What do people do when a serious downturn happens 5 years or so before retirement?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Our retirement goals include the ability to travel a lot, eat at nice restaurants, spoil grandchildren, leave a legacy, etc. If things go south, those things would be the first to be cut out of the budget. Life would look different, but it would still be comfortable.

If you are five years out and concerned, do everything you can now to be better prepared. Pay off debt, make any repairs, save more, get healthy, work an extra year or two, etc. [/quote]

I don't understand the eat at nice restaurant thing to be honest. As you age taste bud change, diet become more restrictive etc.

I have noticed people have so many things they want to start doing when they finally retire, but I don't think they take into account the physical decline and other challenges that come with old age.[/quote]

Yup, that's right 65yos shouldn't dare to dream at a nice restaurant because they probably can't get out of bed.

WTAF!
[/quote]

We're mid-50's, almost ready to retire, and we have upgraded our restaurants lately. Our standard restaurants from 10 years ago are all crowded, loud, and the food isn't as good as it used to be for the price. So we've started spending more and going to steakhouses and more expensive places that tend to be quieter and easier to get into. Not ready for applesauce quite yet. [/quote]

You should be cutting down on red meat. You are no longer going and invincible.[/quote]

You people are insane! First it’s ageism, then it’s the food police.
—mostly vegan [/quote]

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