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We recently watched a Netflix series, The Beast In Me. A looked down upon family member, was asked why he didn’t want in on the greedy wealth that his brother and nephew had. His answer, “I’ve got something that they don’t; enough”.
I think that sentiment holds a lot of wisdom for many of us as well.
The entire retirement equation is about “enough”. Some are happy to gorge well over it just in case (and in a regime like the US with generous estate allowances it’s not necessarily daft), others more in the hoping that what they have will suffice. Probably no-one gets it exactly right, prinicipally because we cannot know specifics of longevity, future returns and non-routine costs.
What we can do is adopt a satisficing mindset of “close enough to enough” and the compromises we’re prepared to make to see that out.
I reassure myself every day that it’s enough. Usually, but not always, successfully. My insecurity is well controlled but incurable.
I get that. I’d be a liar if I claimed to be any different.
I also watched the series. I thought it very good, but maybe a little too on the nose. Not enough mystery.
We just finished watching the series tonight!