As a just regular person without any insider financial or tax expertise, I've been going through the retirement thing for a year or so.

Several things have become clear to me: Your retirement funds will be seized/taxed/inflated to shit by the time you get there, if indeed you do ever get there. I cannot tell you how many of my 20something friends never made it to age 60. And after 60 they were dropping like flies, they never got a chance to use their retirement savings at all.

Having savings is a good thing of course but government has made it almost impossible to hang onto them over the long term. If you run into expensive medical problems (as I have) they are going to steal your savings that way. Having savings/assets disqualifies you for any kind medical financial help. I have Medicare parts A,B, and D and I'm still in a pickle as my medication costs - $18,000- a month.

Save as you like, but my advice is don't get too wound up about it. Spend the money now and have the time of your life. You never know how long that will be.

As a just regular person without any insider financial or tax expertise, I've been going through the retirement thing for a year or so. Several things have become clear to me: Your retirement funds will be seized/taxed/inflated to shit by the time you get there, if indeed you do ever get there. I cannot tell you how many of my 20something friends never made it to age 60. And after 60 they were dropping like flies, they never got a chance to use their retirement savings at all. Having savings is a good thing of course but government has made it almost impossible to hang onto them over the long term. If you run into expensive medical problems (as I have) they are going to steal your savings that way. Having savings/assets disqualifies you for any kind medical financial help. I have Medicare parts A,B, and D and I'm still in a pickle as my medication costs - $18,000- a month. Save as you like, but my advice is don't get too wound up about it. Spend the money now and have the time of your life. You never know how long that will be.

As a just regular person without any insider financial or tax expertise, I've been going through the retirement thing for a year or so.

Several things have become clear to me: Your retirement funds will be seized/taxed/inflated to shit by the time you get there, if indeed you do ever get there. I cannot tell you how many of my 20something friends never made it to age 60. And after 60 they were dropping like flies, they never got a chance to use their retirement savings at all.

Having savings is a good thing of course but government has made it almost impossible to hang onto them over the long term. If you run into expensive medical problems (as I have) they are going to steal your savings that way. Having savings/assets disqualifies you for any kind medical financial help. I'm have Medicare parts A,B, and D and I'm still in a pickle as my medication costs - $18,000- a month.

Save as you like, but my advice is don't get too wound up about it. Spend the money now and have the time of your life. You never know how long that will be.