Quote:
Originally Posted by TheSquealer
The only measurement of success that anyone needs to know is that you, your wife and your children are being thrown out into the street because you can't pay your rent.
"Retired" typically means "I'm living on the money I've amassed".
Not
"I've quite my job with nothing saved up and no real income"
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I think I love you
Now let's just have fun, cause it's obvious you are having fun here, This story is NOT meant to reflect me, but I'd love to prove a point.
A executive, who managed to save say $60k - $80k retires from one job and creates a start up.
Over the course of a year he's almost doubled the savings so he now has $80k - $120k in savings.
now lets say he put $18k into the start up and it will take at least a year or two before a return on that is seen, and meanwhile he also pays out $40k in medical bills, $30k for a loved ones home, $20k in various repairs, upgrades, $20k here, $10k there, and all of the sudden the savings are gone.
Did He quit his job with no savings?
Was he a failure?
Should his wife and kids leave him?
Should he give up and go work at Mc Donalds?
Was he lazy and not a hard worker?
Knowing the situation above your answers would almost certainly be NO to all above.
Why then when you don't know the situation are these your go-to's?
No matter how high you are, you can fall, no matter how rich you are you could loose it all, no matter how great your job is it could be gone tomorrow, doesn't change what you achieved prior to any of it happening ;)
-Loki-