The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Well on Less

URL:  http://boards.fool.com/at-the-beginning-of-a-new-year-i-like-to-develop-20314659.aspx

Subject:  Re: Wish list Date:  2/12/2004  1:26 PM
Author:  zsimpson Number:  355 of 1698

At the beginning of a new year, I like to develop a target spending amount for that years wants and needs. To address the wants, I make out a "wish list" and then I go through and priortize it. In past years, I could easily pay for everything on the wish list and still save for FIRE. However, post-FIRE it is different--to do everything on this list would mean that I would need to go back to work. So for each item on my list, I have come up with a viable alternative that could fit into my current SWR. It helps me see that I truly have choices: RWOL or go back to work for a while.

That is the main reason we have the online business. We like our toys. We could retire on Hub