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[quote=Anonymous]The book is not about spending every penny you have. It talks about how if you want to give money to your children, it should be when they need it most - early in their careers or to help buy a house. Not when they are about to retire themselves. It also discusses how you should figure out how much you estimate you will need for care in your old age and set that aside. The goal is to spend your money on experiences that you will remember and cherish. I inherited money from my dad. Enough for me to retire in my 50s. I plan to walk away from my job teaching. I am about 5 years away from earning my full pension. But, it this book helped me realize that I will be working for another 5 years, but it will have little to no positive impact on my financial needs. It will only increase the money that I have to spend, but even then, I probably wouldn't be able to spend it all. So, I am probably quitting at the end of this year. I will still have money to pass down to my kids. I will still have money to live off of and travel and enjoy life. [/quote]
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