The theme this week on the One Minute Retirement Tip podcast is: 5 inspiring quotes about money and investing. 

Today’s quote comes from Mark Twain. He said: “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do”

I like this quote because we can all look back on stupid or embarassing things we did and feel regret and shame. But Twain asserts that what will be even more disappointing in the end is what we didn’t do. 

I think this quote is relevant for all of us, but especially if you’re thinking about retirement and your timeline for when you’ll stop working and what that looks like. I know many people who want to stop working and enjoy retirement. But they’re too uneasy to make the leap that they keep working even when they don’t have to work anymore. The key is finding out how much is enough. 

But what is enough? That’s a really important question to ask yourself, and it’s a conversation I had with a client the other day. What is enough and when have I moved past enough into something that is disordered - either by greed or a desire for control, or insecurity, or something else?

This client is introspective and had already thought a lot about it, I could tell, before we even had the conversation. 

He’s worked hard for 30+ years, and is really stressed at work...all the time. He wants to live a more relaxed pace of life and travel more with his wife. He’s figuring out what is enough for him and his spouse and seriously considering retirement within the next 2 years. If he works another 5-7 years, it’s likely not necessary and he is deferring his enjoyment of life and spending more time doing what will bring him more meaning and fulfillment. 

If you can get to retirement with “enough” and live a balanced life that is financially sound, rich in relationships, and meaningful, then I think you’re doing pretty good. Going too far past enough, especially when you’re continuing to work in your 60s and beyond, when you may not enjoy your work, could be a mistake and something you may end up regretting later in life. 

So think about what Twain said today. What is something you’re not doing now that you may regret later in life. 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the One Minute Retirement Tip. 

----------

>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Visit the podcast page: https://truenorthra.com/podcast/ 

----------

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance