All I know is a lot can happen in life that drastically alters retirement plans. Divorce, kids, family emergencies etc.
Getting divorced cut all my assets (including RSP's) in half, that was a massive impact on my perceived plan at the time. However, divorce also taught me to truly live now. Have fun, spend some money, enjoy life. So I think now I will be working a lot later than I intended 15 years ago, but now my life is way more enjoyable as well. So working extra years doesn't seem so bad because overall I'm enjoying myself (and my job).
Plus, my years in banking made me scared to be the guy who pinches pennies to retire early only to then either die right away or just keep pinching pennies. My definition of fun and adventure is going to be much different in my 30's compared to my 60's. The mosh pits, snowboard trips, long weekend camping trips, will likely slow down as I get older and slower. I don't have a whole lot of bucket list items because it doesn't make sense to me to wait. Life is short and unpredictable, you wanna do something, do it!
|