Quote:
Originally Posted by Weitz
The world is going to be a very different place in 30 years.
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That's my line of thinking. In 25-30 years we're going to be hooped anyway. I have a LIRA and RRSP tucked away for retirement (and a DB where I'm currently at). I figure by the time I'll be looking at retiring we'll either be paying exorbitant amounts of tax to support basic income, "fight" climate change, or whatever the flavor of the day is then, and what I do now isn't going to make a bit of difference. Or we get hit with a worldwide health crisis and see a Spanish-flu style epidemic, and what I do now still doesn't make much of a difference.
Anyone who's 20-40 years away from retirement now, I absolutely do not see enjoying the same standard of retirement as today (retire at 55, buy an RV, snowbird 6 months a year, etc). So I'm very much of the mentality to travel, ski, bike, hike, whatever now while I enjoy it and can do it. While I won't go into debt to enjoy life now (outside of the usual mortgage/car payment), I'm not going to back-load my finances either.