Sam – I think I’ve mentioned it once or twice before, but I never thought saving for retirement was that difficult…if you have the right motivation. It’s not that I had a lot of money to save and invest at every stage in my life (think very little when you have young kids), but I had a plan. And that plan was simply I wanted to have enough to retire comfortably at age 55. Unfortunately, I honestly think most people believe it is too difficult because they don’t know how to plan or how to articulate their retirement goal in concrete terms that they keep putting it off. Every person’s retirement scenario will obviously be different, and that’s why I think it would be nice a financial advisor was available free of charge to everyone so they could see that planning for a secure financial future upon retirement is possible. But that reminds me of the old adage “If wishes were horses, beggars would ride.”
I enjoyed the story about the abundance of real estate tarantulas. It reminded me of some other real estate themed articles I’ve read. It’s the herd mentality run rampant where people want to buy where everyone else is buying wherein the law of supply and demand kicks in and they pay an exorbitant price. Sometimes I think it’s just a matter of trying to keep up with the Joneses without realizing there are so many other options available that doesn’t cost them an arm and a leg if they’d just take the time to consider them. Oh and one other thing. As I told my daughter and her husband when they were looking for there home…never fall in love with the house you bid on until you start paying the mortgage. That’s because houses for sale are like buses…if you miss one, you can always catch the next one.
Here's link you might like to show you just how small we are when it comes to the ever expanding universe.
Sam – I think I’ve mentioned it once or twice before, but I never thought saving for retirement was that difficult…if you have the right motivation. It’s not that I had a lot of money to save and invest at every stage in my life (think very little when you have young kids), but I had a plan. And that plan was simply I wanted to have enough to retire comfortably at age 55. Unfortunately, I honestly think most people believe it is too difficult because they don’t know how to plan or how to articulate their retirement goal in concrete terms that they keep putting it off. Every person’s retirement scenario will obviously be different, and that’s why I think it would be nice a financial advisor was available free of charge to everyone so they could see that planning for a secure financial future upon retirement is possible. But that reminds me of the old adage “If wishes were horses, beggars would ride.”
I enjoyed the story about the abundance of real estate tarantulas. It reminded me of some other real estate themed articles I’ve read. It’s the herd mentality run rampant where people want to buy where everyone else is buying wherein the law of supply and demand kicks in and they pay an exorbitant price. Sometimes I think it’s just a matter of trying to keep up with the Joneses without realizing there are so many other options available that doesn’t cost them an arm and a leg if they’d just take the time to consider them. Oh and one other thing. As I told my daughter and her husband when they were looking for there home…never fall in love with the house you bid on until you start paying the mortgage. That’s because houses for sale are like buses…if you miss one, you can always catch the next one.
Here's link you might like to show you just how small we are when it comes to the ever expanding universe.
https://stars.chromeexperiments.com/?utm_campaign=mb&utm_medium=newsletter&utm_source=morning_brew
Smooth sailing,
John