I have retirement set as far as funds, but as far was what I am going to do, I have no idea. My work is designed so that I don't really ever have to retire unless physically I can do my job anymore. Which I don't have to much of a demanding physical job that I can't work well in to my golden years if I like and I do like my job. My full time job. Not my part time gig with photography etc.
I would love to travel of course, but I do that now a lot anyway so I don't know if I will have many places left to see when I am older either.
I was meeting my FP the other day to review investments and such and figured I kind of don't need to keep putting away for retirement which is leaving me a bit stuck with what to do with my money now and I am only in my mid 30's. Kids school, already paid. My kids are teens. One lives at home, the other off to college. It has been drilled into my head since I was a wee lass to always prepare for your future. Mom was in fiance so couldn't escape it. My brother and I both. He is 30 and is almost finished paying off his first house, my nephew is just starting grade 1 but has his education completely covered for whatever school he wants to go to. my brothers retirement is taken care of as well. It is just the way we were raised.
I am shocked by the number of people who don't have a sounds financially invested future, a will and POA's.
As for living cheque to cheque - I could not imagine that. I honestly can't. I have never lived that way. I have been off work both full time and part time for 4 months to due a serious injury and I have not felt the difference money wise at all. Savings is a little lower but once I am back fully time at the end of the month that will be back in a matter of weeks. What do people do if this happens to them? And there is no insurance coverage like if the injury happened during a car accident or something? I just can not imagine living like that.
