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joined 1 year ago
[–] [email protected] 1 points 1 year ago

Very nice, thank you. Makes sense to put a number on your lifestyle at that point. This made me rethink how well I'd done!

[–] [email protected] 1 points 1 year ago

Ah this is great! Thank you!

Fully agree on the disciplined saving. I basically automated my paychecks to send x% to my various savings accounts. That's got me this far, but I'm really keen to be more strategic with it. This should help!

[–] [email protected] 0 points 1 year ago

Ah this is great! Thank you!

Fully agree on the disciplined saving. I basically automated my paychecks to send x% to my various savings accounts. That's got me this far, but I'm really keen to be more strategic with it. This should help!

 

I'm in a place where I've spent the last 10-12 years saving like a chipmunk before an ice age. I've been fortunate and have a decent chunk saved up. I've got another 15-20 years of work ahead of me but want to find a bit more balance between saving and living during that time.

How does one forecast retirement targets vs current value? In other words, how can you calculate when it's ok to decrease retirement savings without compromising too much?