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UPS Retirement Topics
Anyone unhappy they Retired? Or are YA HAPPY?
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<blockquote data-quote="35years" data-source="post: 3365418" data-attributes="member: 60822"><p>Just a precautionary tale...</p><p>My father in law retired 22 years ago at 55, his wife didn't work.</p><p>They had inherited 1.2 million.</p><p>He figured he would only live another 15 years tops because of heart problems and family history.</p><p>Their investment adviser encouraged them to live it up.</p><p>They traveled to Europe several times, down to Florida and Vegas 3-4 times a year.</p><p>They ate out every night.</p><p>They purchased a new home on a river...Nothing that fancy but sunk an additional 100k into it for renovations.</p><p></p><p>Fast forward 20 years (two years ago)...Sold the house for a loss, and moved into an apartment. A few serious health scares really dwindled the savings.</p><p></p><p>They now scrape by. Gone is their plans to help the grand-kids get through college. Gone are the evenings out for dinner, and travel.</p><p></p><p>Do they regret not being more frugal over the last 22 years?</p><p> Yes</p><p></p><p>Going through the money can make the last years of your life extremely difficult. No one has regrets until the money is tight.</p></blockquote><p></p>
[QUOTE="35years, post: 3365418, member: 60822"] Just a precautionary tale... My father in law retired 22 years ago at 55, his wife didn't work. They had inherited 1.2 million. He figured he would only live another 15 years tops because of heart problems and family history. Their investment adviser encouraged them to live it up. They traveled to Europe several times, down to Florida and Vegas 3-4 times a year. They ate out every night. They purchased a new home on a river...Nothing that fancy but sunk an additional 100k into it for renovations. Fast forward 20 years (two years ago)...Sold the house for a loss, and moved into an apartment. A few serious health scares really dwindled the savings. They now scrape by. Gone is their plans to help the grand-kids get through college. Gone are the evenings out for dinner, and travel. Do they regret not being more frugal over the last 22 years? Yes Going through the money can make the last years of your life extremely difficult. No one has regrets until the money is tight. [/QUOTE]
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Anyone unhappy they Retired? Or are YA HAPPY?
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