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Reply to "Retirees living off their investments in expensive resort towns"
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[quote=Anonymous][quote=Anonymous]I recently visited a resort town in Southern California. I noticed that the majority of the lunch crowd in high-end restaurants were happy, relaxed retirees. I kept thinking, these are the people who have saved up or sold businesses in the flyover country, and are now living the high life. The employees serving them are those without investments. I am 45, and I really hope to be one of those retirees one day. [/quote] Are you on track? What's your net worth, how much are you saving annually, and when will you retire? I plan to retire earlier, even if it means I live in a smaller house in retirement. I'd love to spend my 50s traveling and pursuing my hobbies. I am more jealous of the people who retired young enough to enjoy it. [/quote]
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