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Reply to "Reached goal - What happens next?"
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[quote=Anonymous]Personally I would retire, but I understand how that decision isn’t for everyone. The mindset switch from saving and accumulating to spending is really difficult. I would take some time to do deep thinking about what you want out of this next phase of life you are about to enter and slowly start to redirect savings towards those goals. Reduce your savings somewhere- 401k, Roth’s, stock, college savings. Not necessarily eliminate, but reduce. Redirect that money towards things that are important to you. You mentioned charity. What about more travel, health, a hobby you would like to pick up. You could also take a step back at work or get a new job at a nonprofit you care about. Set up some sort of charity or foundation yourself? Volunteer? These are still work but a different kind. Congratulations on your achievement! Make sure you enjoy it, whatever that means to you. [/quote]
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