Saving too much for your retirement too ?
This saving-too-much article from the New York Times has about played itself out I hope. Damon Darlin’s article has slipped behind the pay-as-you-go-wall at the Times and hopefully a few more readers paying for the article will help bump up Darlin’s own IRA. He’s going to need the help. The Mortgage Report posted what I think was the most useful part of the whole discussion to date, a link to the whole discussion to date. Interestingly though, the comments at Mortgage Report include this solid point from Marc Brinitzer:
Everyone I know who retired early discovered quickly that their friends couldn’t play and golf is fun a couple of times a week. They’ve all gone back to work in some reduced capacity. That will be a change that financial planners need to adapt their calculations to.
Most of the rest of the discussion is more or less equally dismissive. The Motley Fool much more helpfully links to a couple of terrific retirement resources.
If you really want to start stretching your retirement income, may I suggest looking at some of our figures. Housing and cost of living are the name of the game here, though, of course, the quality of living is not a small part of the bargain.
Add comment February 19th, 2007