Comments on: Unreal Expectations http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/ Wed, 08 Feb 2012 17:31:40 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Do You Really Think You’ll Spend Less In Retirement | HarvestingDollars http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-8882 Do You Really Think You’ll Spend Less In Retirement | HarvestingDollars Tue, 02 Sep 2008 11:11:11 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-8882 [...] debt is most likely going to be a retirement killer. If you go into retirement with a mortgage, car loans, and other debt it is unlikely you will have the cash flow to live on less than your current income. And I’m not talking about retiring to an island like many firms advertise. (Canadian Dream wrote a great article about this here.) [...] [...] debt is most likely going to be a retirement killer. If you go into retirement with a mortgage, car loans, and other debt it is unlikely you will have the cash flow to live on less than your current income. And I’m not talking about retiring to an island like many firms advertise. (Canadian Dream wrote a great article about this here.) [...]

]]> By: Retired Syd http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6789 Retired Syd Sat, 26 Jul 2008 16:05:04 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6789 Don't know how I missed this insightful post in my "in-box." This applies to those of us already retired too. Trying to live up to the image we have of ourselves retired and what we "should" be doing. This reminds me what is truly important, and especially not to have so many "shoulds" in my retirement. Just enjoy the simple things--it's perfectly ok! Don’t know how I missed this insightful post in my “in-box.”

This applies to those of us already retired too. Trying to live up to the image we have of ourselves retired and what we “should” be doing.

This reminds me what is truly important, and especially not to have so many “shoulds” in my retirement. Just enjoy the simple things–it’s perfectly ok!

]]> By: DoubleOurMoney http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6697 DoubleOurMoney Thu, 24 Jul 2008 00:04:49 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6697 Canadian Dream, Tarket date downwards is one of the huge benefits of higher return and in my case 55 has become the new 65 for my retirement. Canadian Dream,

Tarket date downwards is one of the huge benefits of higher return and in my case 55 has become the new 65 for my retirement.

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6670 Canadian Dream Wed, 23 Jul 2008 11:54:04 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6670 Traciatim, Now there is an idea. I suppose it does mean giving up seeing the family much, but if you planned your retirement that way it won't matter that much. ERX, Ha! I'll have to remember that statement about granite counter tops over cooking lessons. Sarlock, Perhaps the only change I'll make when I travel is I might do longer stays (like a month or two) in a central location of an area to explore it more. DOM, Not a bad idea. You could also revise your target date downwards instead of moving a goal up. Tim Traciatim,

Now there is an idea. I suppose it does mean giving up seeing the family much, but if you planned your retirement that way it won’t matter that much.

ERX,

Ha! I’ll have to remember that statement about granite counter tops over cooking lessons.

Sarlock,

Perhaps the only change I’ll make when I travel is I might do longer stays (like a month or two) in a central location of an area to explore it more.

DOM,

Not a bad idea. You could also revise your target date downwards instead of moving a goal up.

Tim

]]> By: DoubleOurMoney http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6650 DoubleOurMoney Wed, 23 Jul 2008 02:39:23 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6650 Yes I would have to agree that financial ads are painting an unrealistic retirement for people. My advice to people would be to set up a plan with realistic goals for investment return and try to beat those goals yearly. If you start to beat your goals then revise those goals upward. Yes I would have to agree that financial ads are painting an unrealistic retirement for people. My advice to people would be to set up a plan with realistic goals for investment return and try to beat those goals yearly. If you start to beat your goals then revise those goals upward.

]]> By: Sarlock http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6647 Sarlock Wed, 23 Jul 2008 02:02:25 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6647 The times I've travelled, while I've thoroughly enjoyed my destination(s), by the end of 2-3 weeks, I am ready to go home. I don't see how it'll be any different when I'm retired. Two trips a year is more than enough. The times I’ve travelled, while I’ve thoroughly enjoyed my destination(s), by the end of 2-3 weeks, I am ready to go home. I don’t see how it’ll be any different when I’m retired. Two trips a year is more than enough.

]]> By: Early Retirement Extreme http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6643 Early Retirement Extreme Wed, 23 Jul 2008 00:58:27 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6643 Or possibly start taking golf lessons now, but wait, there's no time, because we gotta work to save to paly golf when we're 60. I think this is similar to the fallcy of spending money on granite counter tops instead of cooking lessons. Or possibly start taking golf lessons now, but wait, there’s no time, because we gotta work to save to paly golf when we’re 60. I think this is similar to the fallcy of spending money on granite counter tops instead of cooking lessons.

]]> By: Julie http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6615 Julie Tue, 22 Jul 2008 13:46:34 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6615 An insightful post. Thanks Tim :) An insightful post. Thanks Tim :)

]]> By: Traciatim http://blog.canadian-dream-free-at-45.com/2008/07/22/unreal-expectations/comment-page-1/#comment-6613 Traciatim Tue, 22 Jul 2008 12:59:59 +0000 http://blog.canadian-dream-free-at-45.com/?p=477#comment-6613 You too can live the dream of relaxing on a beach, playing golf, and having a huge house. Just move to [insert tropical low GDP per capita country here]. I hear Panama, Nicaragua, and Honduras are nice. You too can live the dream of relaxing on a beach, playing golf, and having a huge house. Just move to [insert tropical low GDP per capita country here]. I hear Panama, Nicaragua, and Honduras are nice.

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