Quote:
Originally Posted by greasypeanut
Quote:
Originally Posted by RickFLM4
That’s what lots of people think until they wake up one day in their 40s and start wondering WTF happened and wish they saved more in their 20s.
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There are also a lot of people who wake up in their 40s and wonder why the hell didn't I do more in my 20s.
I don't want to assume that this guy and his wife's earning power is going to get smaller. That rainy day that people save for might never come, and there are other risk management techniques that one can utilize. I.e. Insurance. |
Earning power is only one piece of the puzzle. As you get older, costs and responsibilities increase, usually dramatically. Making up ground on poor financial decisions gets more challenging with every passing year. Everyone accepts that at their own pace.