Reply to s/o Are you over the TSP/401k?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What would you do with the extra $600 per month?

I don't understand people that want so many things.  What do you do with them? Why do you want them so badly?[/quote]

Maybe it's not for things but experiences?

I get what OP is saying.  I am not a crazy saver, but I save enough.  Sometimes, when I see the amount people on this board have saved with an income similar to mine, I am envious.  I think - why didn't you forgo X, Y and Z and save that money.  And what I am about to say is somewhat cheesy, but my younger sister died very suddenly in her 20s.  And I think a lot about all the things she never got to do.  So I will never assume that if I just save everything possible now, I can retire earlier and fulfill all my dreams then.  I am also not assuming I need to do everything I want to do now and that I don't need to save for the future.   I try to balance it.  But I also feel like even balancing it is overdoing it a little.  I probably don't need to save as much as I do, but I think there is a pressure, if you make X, you should be saving Y, even if Y is more than you need. [/quote]

Well, if you read some of the other threads about how much people will think they'll need in retirement it's a little over the top.  Maybe the people posting those threads are currently earning crazy money but for me I'm sure I'd be just fine on a lot less.[/quote]

I agree!!! Needing 10 million to retire on is a want, not a need. Most of us would be happy with 100k a year or even 75k and I think that's still a huge number. When your house is paid off and you don't have kids, there's not much expenditure. [/quote]

Any recs other than Bogleheads which I've heard is very good?

I take all the investment stuff I read here - and pretty much everything else here - with a grain of salt. I think this site attracts the super high earners who want to be able to say, I'm 35 with 3 million saved already, which causes the "regular" professionals with 150k saved at age 35 to keep shut and second guess themselves. People here also fancy themselves investment gurus yet the advice is often suspect or incomplete. There are other forums where you get a more real cross section of retirement savings and better investment advice.[/quote][/quote]

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