Reply to Would you keep grinding or retire early?

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Reply to "Would you keep grinding or retire early?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You’ve got 3 kids to out through college. Are you only willing to pay for state school and only for undergrad? Are you paying all their living expenses? Fine if you are, just be sure you are completely settled with that decision so you don’t overextend your finances.

[b]You’re only in your 40s. Look into how much elder care costs. My grandfather blew through $1M in a year after a fall, Alzheimer’s diagnosis, and the need for a full-time sitter at the nursing home.[/b] Either of you could have an accident, and illness, a parent with an accident or an illness.

I suggest you find a job that allows you to scale back, whether that means part time, lower responsibility, consulting on fixed term contracts with a break in between. [/quote]

Lol, no, don’t plan your life around needing $1 million a year for elder care. That’s the type of nonsense that causes people to continue working when they should have long since retired. People like PP might as well have warned that you could lose everything in a cyber attack or to the government in a civil forfeiture, etc. At a certain point, you have to weigh the risks and benefits – and there are absolutely risks to working too long and never enjoying your life.[/quote]

So true.  [/quote]

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