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Old 30-01-2024, 04:45 PM
rogamer1977 rogamer1977 is offline
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Re: Lets talk about retirement

Quote:
Originally Posted by VoicesWithin View Post
No, excluded. Any current/future savings is a bonus. It is definitely good to have but I feel it cannot be depended upon for the long term. For example, if you have $200k savings and you wish to rely on it for retirement. It just means you can use $833 a month over a 20 years period. Sooner or later, that savings or whatever savings will be depleted. There has to be a passive income source to offset our monthly expenditure, in our retirement years.

To me, RENT > stocks, bonds, ETF ... etc

I cannot imagine myself at 85 still needing to analyze financial trends. By then, read also got problem. On the contrary, I should still be able to lock and unlock a door for my tenant.

Too late for me to build any more pipelines. I am just a few years shy of 55. Maybe you can?
I get it, and like you rightly mentioned - retiring should be trying to move to a less stressful lifestyle. I hope you move to the right job soon and start planning for your travels after retirement