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re: What retirement savings balance is your goal, and by what age?
Posted on 1/2/21 at 5:46 pm to cgrand
Posted on 1/2/21 at 5:46 pm to cgrand
quote:
I do too (and thanks!) but Alzheimer’s haunts my family on both sides. Like anything else it’s part of my risk assessment
It’s a matter of, quite literally, that I likely can’t “take it with me”.
not to be morbid but my wife has strict instructions on what to do when/if it happens. Until then I intend to live large away from home and live miserly at home. This years returns have made a major improvement to my progress
I feel for you, dude, my family has it really bad on one side, talking early onset mid-to-late 40's. Took a grandmother, then my mom and her only sibling way too young. That was one reason I left a high stress job making really good money at 47, which was a few years after my mom passed. Went to a neurologist, and he said do you really want to do these tests as we can't really do anything about severe early onset any way. So I left without doing the scans, but was fine on the memory tests. A first cousin died last year, the first male I'm aware of, from a heart attack but showed immense brain damage from ALZ, too, so it could affect me too. People on here that don't think $3.5M in current dollars at 55 now, say half in taxable and half in retirement, have little to no debt, and are married with 2 future SSI and perhaps a small pension need to revisit their outlooks. That's why we finally got the F out of ATL a few months for better quality of current life.
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