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Subject:  Re: How I Live on More Than 22K Per Year Date:  7/31/2000  2:40 AM
Author:  PK227 Number:  14242 of 875664

Totally agree Ridin....there's also that dreaded "what if I get hit by a bus next Tuesday?" None of us know how long we're going to live and by the age of 50 or so most of us probably have had several friends or acquaintances our age that didn't make it. A sobering experience. LBYM is a really good idea, however....there's a happy medium here somewhere. Having "it all" at the expense of investment and savings makes no sense but prioritizing and using budgeted fun money wisely (it sounds like you're doing that) makes a lot of sense. Financial planning would be SO easy if you just knew how long you were going to live and what kind of resources you will need when you finally get sick! Many of us go crazy watching fairly affluent parents counting every dime at the age of 70 or so. Perfectly understandable when your options seem to be a nursing home, hospice or private duty nurses. The issues keep changing along with the decades. It's just exhausting. :-)
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