According to my friend Kelly, I should be planning for my retirement now. My dad retired when he was 56. The trend is to work longer, but I feel like bucking that trend. I mean, I enjoy my job, but I don’t think I’d want to be doing it when I’m 70. I’ve always enjoyed working on my own projects, even when they don’t generate income. So I’d like to retire around the same age as my father. Gulp, that’s in 16 short years from now. Anyway, according to Ben Stein, the first step in planning for retirement is to set a date, so I’m choosing October 22nd, 2022. I was going to say October 28th, which is exactly 16 years from today, but the 22nd makes for a more interesting date.
I realize this date might be wildly unrealistic, especially if Xy and I had a child, but I can always make adjustments later.
Wow, that first step was easy. But that next step — “Calculate how much money you need to accumulate by the time you want to retire” — that makes my brain hurt. Even with this retirement calculator.
I think I need a vacation.