Reply to Tired of investing/planning - surrounded by flashy money

Forum Index » Money and Finances

Reply to "Tired of investing/planning - surrounded by flashy money"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You will be thrilled when you are not late 40s or early 50s and shitting your pants about how you will pay your big mortgage on the big impressive house once you get reorg'd out of your job or you decide you just can't take the daily grind anymore and want to consult.  Seriously.  Peace of mind is worth it.  [/quote]

I’m planning for retirement in our 50s because that is when you can get screwed.  I really don’t get my acquaintances in their 40s who don’t realize they may be at peak earnings.

But I’m also in favor of balance.  Get a nice CPO car.  [/quote]

THIS. Maybe it’s just my experience but I grew up around tons of engineers in the 80s-2000s btwn parents and parents’ social circle and I saw tons of them get laid off anywhere from age 50-65, never to be gainfully employed in the same high salary from which they had been laid off. Made a huge impression on me even in my late teens/early 20s that you have to start saving young (in every field except like medicine where there is constant demand and experience is valued) because you just never know if the salary you make at 35 or 47 will be where you top out. Yet many of my friends seem to view it as — nah we’re mid to late 30s, we’re just getting started, live large now bc you can always focus on saving more out of a larger salary in your mid 40s or 50s. I just assume they didn’t grow up someplace where white collar professional layoffs were nightly dinner conversation.[/quote]

This this this.

We are 41&43 and are very aware we are in peak earning years and we are maximizing this opportunity.  We've watch both our parents get marginalized in the workforce[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics