Retirement is coming for you some day, and we believe in having a good plan. That plan differs depending on your goals and your situation. When do you plan to retire? What do you want to do? How are you going to get there?
Personally, I’m just saving money for when I’ll inevitably need it. I can’t say I have much of a plan. I’ll make small investments throughout my lifetime so I’ll have money when the day comes that I can’t work anymore. I do not plan to fully retire until I’m unable to continue working. At that point I’ll probably move into a nursing home and annoy my grandkids as much as possible (see the above video for an example). I don’t want to be too wealthy and I don’t ever want to be able to have anything I want. I just want to have enough money to live comfortably and pursue the things that matter to me. I expect some of those things will come later in life, when I’m unable to work as much as I work now, and I want to be financially prepared to continue doing things I love to do when I’m older.
That’s my “plan” for retirement, hopefully achievable through modest savings. What’s yours, and how will you get there? Share your thoughts in the comments.