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Retirement Discussions / Retire Well on Less

URL:  https://boards.fool.com/but-now-i-need-to-get-serious-i-want-this-21165737.aspx

Subject:  Re: A Challenge Date:  8/15/2004  4:16 PM
Author:  workwayless Number:  716 of 1929

But now I need to get serious. I want this retirement to last a life time.

Once you have tasted retirement, it's hard to give it up!

Here's what I have found to help me RWOL:

I live on a modest budget, however 25% of it is allocated to leisure costs. That may seem high, however for me participating in leisure activities has a priority in maintaining my quality of life.

I scurtinize all my elective spending to make sure that it adds to my quality of life. If it doesn't, I eliminate it.

Sometimes increasing quantity equals increased quality of life. For example: Since I want to enjoy as much leisure as possible, I stretch my leisure dollars. Taking 3 low-cost camping trips makes me happier than taking 1 high-priced trip for the same price!


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