Hello HN. I've been spending the last couple of weeks reading as much as I can on figuring out the right balance between what remains of my life (I'm very close to 50) and how much money I should save up. I have been self employed for the vast majority of my career and have always aimed at providing for my own pension rather than to have some external party take care of that (because I don't like to give that kind of control to institutions that I really do not trust and that lack transparency).
So I've been saving like a squirrel over the years and even though it's been adding up nicely I never could shake the feeling that it wasn't enough. I also do not have a disability insurance (it is absolutely un-affordable where I live).
Suppose all your income streams related to work would dry up tomorrow and you'd be stuck with withdrawing from savings or living off the interest / dividends of your money or investments (technically of course also a source of income), how long could you survive?
(reminder that a vote in the poll is not a vote for the poll!)
So I've been saving like a squirrel over the years and even though it's been adding up nicely I never could shake the feeling that it wasn't enough. I also do not have a disability insurance (it is absolutely un-affordable where I live).
Suppose all your income streams related to work would dry up tomorrow and you'd be stuck with withdrawing from savings or living off the interest / dividends of your money or investments (technically of course also a source of income), how long could you survive?
(reminder that a vote in the poll is not a vote for the poll!)