Fact is, being happy in retirement is part of retirement planning and at least 80 percent of being happy in retirement is based on non-monetary factors.
As for the monetary factors, you have to take 100 percent responsibility for your finances. Even 98 or 99 percent won't suffice.
Whatever you do, don't count on the government or any economists for help. The financial crisis was created by their voodoo economics and pie-in-the-sky ideas.
The downturn has proven that the economy creates and maintains its own rules based on common sense — that apparently hardly any economist or banker understands, however.
I semi-retired when I was 32 years old and had a net worth of minus $30,000 (due to my student loans).
If you would like a carefree retirement, I would advise that you do the same.
Here are two retirement quotes to help you retire happy, wild, and free:
- The worst days of those who enjoy what they do, are better than the best days of those who don't.
— E. James Rohn
Most people fail in life because they major in minor things.
— Anthony Robbins