[quote=flyer]Everyone has a different life experience, and there really is no right or wrong.
As Boomers, one of our major goals as a couple, and later as a family, was to create financial freedom as early as possible, so we could pursue whatever we considered to be important in life–rather than waiting for a later “retirement” scenario. Investing in real estate at a young age, among other things, enabled us to do so.
We enjoy our home life, and can’t imagine not having a stable home base, but we also enjoy having extreme mobility, which, for us, has worked out to be the best of both worlds.
Regardless of what each of us chooses to do with our lives–everything in this lifetime is temporary–so enjoy it while you can.[/quote]So true, flyer. I never in a million years thought when I was younger that so many of my family members (and longtime friends) would be gone long before I even reached “retirement age.” I feel fortunate to wake up each day and have my health and will continue to do all I can to ensure it continues.
Yes, we also invested in RE at a young age and none of our properties were in anywhere near “perfect” shape when we bought them nor were any of them situated in “perfect” parts of town (if there IS such a thing). But had we not done that hard slog (and had I not showed up for work every day for decades), I wouldn’t be where I am today … with the freedom to travel when I want/need to.
One can’t earn a guaranteed pension in this life if they don’t “show up” for work consistently through all the ups and downs (and politics) over the years.