I know you need it to live on etc etc. But we had a huge market crash about a decade ago and most of my coworkers lost A LOT. infact now they work just to try get their retirement account back up. If you put everything you have (like 40% after bills etc) and then lose half of it in 10 years, what was the point?
Also traveling at 65/67 etc doesn't sound as much fun as traveling in early 30's.
Why is no one mentioning a healthy balance of life now vs life when you retire?
So instead of having 1.5mil when I retire, I have 1 mil when I retire and use 500k on things now.
Right now I have a 503b, a differed comp 401k and a roth IRA. I don't max any of these things but live stress free and take vacations with the family multiple times a year. Some of the things we have done I most likely couldn't do at certain ages so waiting until I retire for them seems silly. A few of my wifes co-workers haven't been out of the state let alone out of the country.
What other incentives other than "live comfortably" are there to max retirement accounts? If I die in 10 years my retirement accounts are also moot points (although my wife/daughter will get them)
TL;DR: Why is there no inbetween talk of retirement accounts and everyone suggests maxing first?
Submitted July 01, 2017 at 12:50PM by Soljah http://ift.tt/2uvRhcG
