Article Tip

May 23rd, 2008

I just read a fantastic post at Forest on Finance, “Should I Be in Sweden or, Thoughts on Travel.” Here’s a clip, and you can go here to read the rest.

“All that to say, as savers, aren’t we a bit of risk-takers? Are we denying some instant gratification now to hopefully be gratified in the future? That’s the point, I suppose. But we’re not guaranteed that future - does that bother anyone else? It’s a risk, but a calculated one, I guess. Yes, the odds are with us that we will survive to retirement or whenever and then we will have the last laugh. They say youth is wasted on the young; are they right? Will I have the vitality to travel the world when I’m retired? How hard is it to even think about retirement when you’re in your twenties? Do you ever feel weird because you just got into the workforce and you’re already considering your exit plan while your friends are out spending their paychecks like there’s no tomorrow?

And further: if we’re savers now, won’t we always be? How will we know when we’ve saved enough? When will we start our spending? For me personally, I have no idea. That bothers me. I don’t like not knowing.”