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Retirement Discussions / FIRE Wannabees
|Subject: Re: What keeps you going?||Date: 9/26/2003 11:07 AM|
|Author: DrZenRoot||Number: 918 of 5139|
Like others, my motivation comes from seeing others close to me make horrible money mistakes. Constantly seeing a bad example reinforces my will everyday.
My motivation comes from seeing both sides.
A good friend from high school just declared bankrupcy. He says you just can't make ends meet anymore (blames the poor economy). He rents a house for $1200 a month (a two bedroom apartment in town is $525).
On the other side, my grandfather retired at 50 with several pensions and farmed and managed properties on the side for 'fun'.
My dad retired at 42 and works when he wants to.
I am in the middle. I turned 30 today and am aiming at 45 to 50 to retire. I don't have a huge portfolio yet, but I have a relatively small mortgage for my age and very little debt overall.
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