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Reply to "How much annual leave do you like to have in the bank?"
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[quote=Anonymous]I agree--America does need a new vacation policy! Everybody should get a minimum of 25 days of vacation a year, as well as some form of paid maternity and paternity leave. We don't realize how much stress affects our bodies. What good is a six figure job if you cannot enjoy the money you work so hard for? What good is having a $3 million retirement savings if you die within 5 years of retiring? Some of my friends poke fun / question why my spouse and I take so 5-7 vacations each year and 3-4 smaller long weekend trips. 10 years ago, I used to say "I'll travel to Asia region, Australia, and Africa when I retire because they are so far away." But then some of my older colleagues died within 3-5 years of retirement. and it made me rethink. each of them they had so many plans for the next 20-30 years of their life. One guy had a mini notebook filled with vacation and hobby ideas. I was so happy that he would live his dreams in retirement. But he never got to do any of it. After him and some other colleagues died within a couple years of retiring I decided I would start taking my vacations and enjoying my money that I make now. Even during Covid I took some vacation time just to stay in the house. These jobs literally try to kill people. I also am responsible enough to have retirement savings. I'm 37 and already have $820k in 401k and I still have one of those jobs that gives you a pension--which for me will be about $60-65k annually. I realize I could do a little better saving for retirement, but I'm cool with this. Because at 37, I've been to 53 countries and get to go to several sporting events, theatre shows, take weekend hiking trips, take cooking classes, and join wine clubs etc. Everyone deserves a good quality life. Vacation time is a key component of the equation.[/quote]
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