Just wondering what most people are expecting in terms of when they will retire, where, how much they expect to live on, and where the money will come from.
My personal philosophy is to get all this crazy $hit behind me, like Porsches, motorcycles, skydiving, racing, traveling, chasing girls, etc., so that when I get old I can reflect back and not have too many regrets. Having regrets would probably drive me crazy, especially when you have 30 years to think about them.
I'm self-employed, so I don't have the benefit of a pension. My retirement income will come from rent from my rental properties. Man, I hope interest rates go up someday. I really, really want to get to the point where I can live on a couple thousand a month in income. I figure its doable if you don't do much long-distance traveling, and your house is paid for.
But what about boredom setting in? I'm hoping to be officially "retired" by age 55. So what the hell does one do for another 30 years? Watch sunsets? This is one thing I haven't figured out. Anyway, looking forward to hearing other perspectives.
And please keep the pinko/ditto crap out of it