I will be 72 in September, and my answer to the question is “not much.” My first career as an Army officer I did everything I could to save money. But my second career, as a consultant who traveled extensively, I needed the house to be looked after even when I wasn’t home, and the pets cared for. So I have had a lawn service and home cleaning team for 30 years, and I would miss meals (I don’t) to keep these. I take my car to a car wash, and hire window cleaners once a year. I’ll change a light bulb, that’s about it. Life is short, spend the money.
All true and insightful Jonathan, thank you. I think there needs to be a 6th major consideration: Are you and your loved ones adequately and sustainably protected against health insurance expenses? As a now 71 year old, nearly a decade retired, I see around me constantly the effects on my neighbors and friends of inadequate medical insurance coverage. Prescription drugs, doctor exams, and major health events can be horribly expensive for those not adequately covered. And that coverage needs to be in place before retirement. Thanks Jonathan for continuing to share your wisdom and insights!
Comments
I will be 72 in September, and my answer to the question is “not much.” My first career as an Army officer I did everything I could to save money. But my second career, as a consultant who traveled extensively, I needed the house to be looked after even when I wasn’t home, and the pets cared for. So I have had a lawn service and home cleaning team for 30 years, and I would miss meals (I don’t) to keep these. I take my car to a car wash, and hire window cleaners once a year. I’ll change a light bulb, that’s about it. Life is short, spend the money.
Post: DIY
Link to comment from July 19, 2025
All true and insightful Jonathan, thank you. I think there needs to be a 6th major consideration: Are you and your loved ones adequately and sustainably protected against health insurance expenses? As a now 71 year old, nearly a decade retired, I see around me constantly the effects on my neighbors and friends of inadequate medical insurance coverage. Prescription drugs, doctor exams, and major health events can be horribly expensive for those not adequately covered. And that coverage needs to be in place before retirement. Thanks Jonathan for continuing to share your wisdom and insights!
Post: Before You Quit
Link to comment from October 26, 2024