Wednesday, September 30, 2009
I keep hearing about these green shoots, but I don't see any. My biz certainly isn't seeing those shoots. I read that disability claims have risen 20% the past year and I have a hard time believing that many people have suddenly become disabled. Sounds to me like there are a whole lot of people who can't find a job and are desperate to get some money flowing in. With all of the Wall Street shenanigans and bailouts from Washington I can't criticize those moderate and low-income Americans who want to cheat the system. My moral compass is still working fine but for our leaders (both political and business) their compass has been broken.
If I didn't have children I wouldn't be stressed. Those of you with young kids know what I am talking about. The responsibility for our children raises the stress to an entirely different level. For us, failure is not an option. Even though I have prepared for this as best I can (and if you're a regular visitor to my blog you likely have as well), I still fret that IT IS NOT ENOUGH.
Perhaps I am a chicken little. My car is 10 years old and I want (not need) a new one. I still don't have a 42" HDTV. Maybe it's time to quit being a cheap crank who obsesses about financial bubbles and enjoy life. Spend a little. Maybe spend a lot... and put it on my credit card. My house is almost paid off and that's money just sitting there, waiting to be liberated.
I have been thinking about retirement in a couple of decades. I have no way of knowing where I'll be relationship-wise and what kind of financial shape I'll be in. I find myself pondering this and more often than not it appeals to me. I want to go the mobile route by choice, although I think that many of us will be forced to go the immobile route, with a trailer parked in one spot permanently. How far can a retiree with no savings stretch $1500/mo?
Canada in the summer, south Texas in the winter. Not tied down to a house or condo, free to leave anytime and travel anywhere within North America. Yes, that would be fine.
Posted by Lou Minatti at 10:03 PM