I had a little fun with our fictitious shopping trip on the luxury eBay. While I enjoy toys as much as anyone, I think the desire for ultra-rich luxuries seems less about desire for luxuries and more of a need to be seen by others as wealthy.
And I believe that the need to be seen as wealthy is one of the biggest contraindicators of actually being wealthy. (There, I just saved you from needing to read The Millionaire Next Door.)
So let’s not focus on all that. Let’s talk about what it takes to be fine, to be taken care of.
The idea of retirement is a such a difficult topic to broach, because it seems so huge. After all, there are few things in life that you can spend decades working on, and decades enjoying the benefits of. (Finding a partner and spending your life with them is about the only thing that’s coming to mind at the moment.)
So we’ve got to break it down. Because we’ve got a number we need to figure out.