Contrary to what you might think occasionally I have doubts about my retirement plans once in a while. Every once in a while I end up having a string of thoughts something like: “What the hell is the point of all this saving? I work my butt off to do this and the market tanks taking out most of my recent savings. Inflation is heading up and further reducing the effectiveness of my plan. Should I just give up?”
The answer so far has always been “No”. Over the time of writing this blog I’ve come to recognize these thoughts have more to do with my emotions and my general frustrations about my life rather than me giving up on my plan to retire at 45. For example, my recent raise at work was less than I expected by 0.5%. Not a huge amount, but it did end up being a focus for my other current frustrations around my job so I’ve been a little moody for the last few days.
Now that I’ve realized this. I’m actually already starting to feel better. After all I’m getting over worked about something I can’t change right away anyways (my boss is currently on vacation). So as I head off on my vacation shortly here, these are a few ideas to make yourself feel better when you feel like giving up:
- Get some exercise. Never under estimate the ability of your bio-chemistry to help make you feel better.
- Find something engrossing that you like to do to get your mind off your worries. Sex, reading, gardening, what ever works for you.
- Talk to someone about it. Occasionally I find this one a bit difficult because I don’t entire know what is bothering me. So my wife ends up having to just listen a lot as I work my way through it all in my head.
- Take a break. Sometimes we just need to get away from it all to clear our heads. Think about taking a day off from work or even a evening out might just cheer you up.
- Change your viewpoint. I was recently reading a discussion forum where someone ask if people found it hard to save. I rather liked one response which stated something along the lines of “No, I don’t find it hard. I consider that rather than buying toys I’m just buying time instead.” Which I thought was a great way to approach retirement savings. Sometimes the answer to your problem is all about how you approach it.
So have you ever wanted to give up? If so, how did you get pass it?