Comments on: The Changing Value of Retirement http://moneysocket.com/the-changing-value-of-retirement/ Building wealth while enjoying life Thu, 20 Nov 2008 09:30:39 +0000 http://wordpress.org/?v=2.6 By: Friday Finance Findings for November 16th : Generation X Finance http://moneysocket.com/the-changing-value-of-retirement/#comment-474 Friday Finance Findings for November 16th : Generation X Finance Sun, 18 Nov 2007 04:26:25 +0000 http://www.moneysocket.com/the-changing-value-of-retirement/#comment-474 [...] The Changing Value of Retirement - Retirement itself is changing, and so are the numbers many people suggest you should have saved. How does your retirement picture stack up? [...] [...] The Changing Value of Retirement - Retirement itself is changing, and so are the numbers many people suggest you should have saved. How does your retirement picture stack up? [...]

]]> By: Danny Tsang http://moneysocket.com/the-changing-value-of-retirement/#comment-411 Danny Tsang Wed, 14 Nov 2007 09:49:17 +0000 http://www.moneysocket.com/the-changing-value-of-retirement/#comment-411 I think I'm going to be one of those people who end up working after retirement. I always say I'm going to retire early and how I want to retire at like 45 like Cytoman, but I doubt I'll actually do it. I can picture myself "retired" for about 2-3 years, traveling, getting bored and starting another business. Thats the great thing about passionate entrepreneurship. Sometimes its not even about the money. Also I think its healthy to keep working well into retirement, but in a much easier, slower paced way. But at least it keeps you moving and keeps you sharp. I'm afraid of a real retirement, my body might just start shutting down if I don't keep it moving. I define my retirement as not needing to work. My plan is to build my real estate portfolio to the point where it's income can match a decent salary then I can start to decrease my involvement in business or my career, but I'll likely never be able to completely leave. I think I’m going to be one of those people who end up working after retirement. I always say I’m going to retire early and how I want to retire at like 45 like Cytoman, but I doubt I’ll actually do it. I can picture myself “retired” for about 2-3 years, traveling, getting bored and starting another business. Thats the great thing about passionate entrepreneurship. Sometimes its not even about the money. Also I think its healthy to keep working well into retirement, but in a much easier, slower paced way. But at least it keeps you moving and keeps you sharp. I’m afraid of a real retirement, my body might just start shutting down if I don’t keep it moving.

I define my retirement as not needing to work. My plan is to build my real estate portfolio to the point where it’s income can match a decent salary then I can start to decrease my involvement in business or my career, but I’ll likely never be able to completely leave.

]]> By: cytoman http://moneysocket.com/the-changing-value-of-retirement/#comment-408 cytoman Wed, 14 Nov 2007 06:59:52 +0000 http://www.moneysocket.com/the-changing-value-of-retirement/#comment-408 Nope! I'm only going to need 60% of my current income to meet my expenses when I retire and I plan to be retired (no longer working for an income) by the age of 45. Plug those two things into a classic retirement strategy and see what kind of results you get. Nope! I’m only going to need 60% of my current income to meet my expenses when I retire and I plan to be retired (no longer working for an income) by the age of 45. Plug those two things into a classic retirement strategy and see what kind of results you get.

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