The Motley Fool Discussion Boards
Retirement Discussions / Retire Well on Less
|Subject: Re: An unexpected retirement||Date: 12/2/2012 1:32 PM|
|Author: workwayless||Number: 1436 of 1751|
Thanks for posting. Sounds like you guys will do fine because of your preparation. It is great to take advantage of the reduced savings as you get older. I save at the local grocery stores, some clothes stores and hotels because I am 55+.
Just read an article that most people retire before they had planned to. I am currently planning to transition from working full time in another 2 years (I'll be 59 1/2). At that point, might do short-term contract work.
But who knows whether or not things will go as planned?
Your experience reinforces that it is best to aim high with retirement savings; but have a plan 'b' to retire with less (just in case).
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|