This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
I'm hoping against hope that I can retire in 5 years. When I run various retirement calculators, it seems that due to the reduced power of compound interest, the last few years of contributions have the smallest impact. Of course the time to invest is as early as possible. While I have been contributing for 27 years, the last 20 years have really been scrimping and saving, and a lot of doing without. For most of those 20 years, I've been contributing 23-25%. For the next 5 years, I was considering reducing my percentage to something like 18% and allowing myself to live a little. I have also had a lot of unexpected expenses from taking care of my parents, who have both passed now. Did anyone take their foot off the throttle a little when you got closer to retirement age?
Maybe thinking of a checklist before I retire like roof, HVAC, car that I can knock out to hopefully not have any huge expenses the first year of retirement. So considering it but who knows.
Subreddit
Post Details
- Posted
- 3 months ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/retirement/...