Let me ask you a question. Are you going to retire someday or not? If you answer in the negative, stop reading this article, and go enjoy some ice fishing. If you say yes, why are you behaving as if that day will never come?
When I was in college, I spent an entire 24-hours, at an all-night diner, learning a semester’s worth of history. I passed the class, but not with stellar marks. Procrastination caught up with me, but I was able to soften the blow of neglect, by devoting myself to an intense period of “cramming.”
That is what most retirees-in-waiting think they will be able to do with their savings. They will enjoy life during their young years of employment, and then get real serious as the day of labor-departing draws closer. Wrong!