ultrarunner
Epic Contributor
- Joined
- Apr 6, 2004
- Messages
- 23,006
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
I can (& often DO) argue it both ways (-:
Bigger cars and bigger houses during peak earnings years vs socking it away and hoping to live long enough to enjoy it ?
Enjoy it while you can, hope to die the day your last penny is spent ?
Outlive the money or leave some for "dependents" to enjoy ?
Accept somewhat less salary for most of the working years in exchange for a "Good company (or Government) pension" ? a pension fund that may or may not survive.
Neighbors have borrowed against their houses to "invest" at the peak, lost their jobs, sold on the panic, and are now severely underwater with little/no income, a BIG n'th mortgage that they have no hope of paying off before retirement.
I "failed to invest" in the last five or six market crashes, so wadda I know ?
At least I paid off the house a few years early by rounding up a bit each month and putting that directly against principal.
I'm with you...
I really don't care that I missed out if it means not sleeping nights...
My idea of diversity is owning several properties with a tractor for each!