Quote:
Originally Posted by MarchHare
That's assuming a Yop Gobbler lifestyle. Throughout my career thus far, I haven't paid a dime for any of those expenses. I'm taking the monetary savings from not having vehicle-related costs and investing it in my retirement fund instead, leaving me with a much healthier RRSP balance than my suburb-living peers.
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I imagine that if you are already living below your means than an income hit in retirement shouldn't matter too much. Once you stop saving money for retirement your salary needs should go down.