5 Years from now

Taureau

Taureau

Administrator
Where do you see yourself 5 years from now and how do you plan to get there??

In 2012 I reached bottom. I was 54 years old and had no home, no assets and nothing of any real value other then a used truck. Looked in the mirror and said to myself "self you best get busy" Now 6 years latter I see my hard work paid off. However in 5 years I will be 65. Now at 65 I aim to be fully retired and want to be able to afford to travel and enjoy the last years of my life. I divide my life into sections of 15 years each. At 60 I am now in the 60-75 year old section of my life. I think its the last years I can be healthy enough to enjoy life. Things look good for me. Despite the odd setback I am confident that I can meet my goal and possibly even retire earlier. The only thing keeping me working now is that fact I can work from home. I just cannot see myself giving that up. :)
 
Word of advice as well for any young people that have started their career. Put as much money as possible into a pension plan, whether it be a work plan or some other mutual fund. The money you put in now will be more important than buying that new shiny truck. You want to live comfortably in retirement. I know a lot of people who put no money away and decided to spend at the time. Well as they’re now approaching retirement they are saying they’re pretty much screwed and may have to work another 5 years or so. And these people are over 60. Think ahaead and plan smart
 
My wife and i have been fortunate to have had two good incomes but we have also been very disciplined with our savings. In five years (52 years young) i want to "retire" from my full time job and spend my time training my students at the jiu jitsu club, continue lifting, and do more on mobility work.

I am happiest when outdoors so want to find ways to spend more and more time out at the lake.
 
In 5 years I'll be 58. Damn! I turn 53 this month and I have no idea how it happened. Oh well, my woman is 28 so I must be doing something right.
I intend to be financially secure enough to putter around doing whatever work I feel like doing or not working at all. I'll never be able to do nothing as acheiving is in my blood. I plan on acheiving this goal by doing exactly what I'm doing now and selling some real estate when I feel it's time. Hopefully I can get my knee fixed well enough to go back to Jiu Jitsu regular as that used to be a really positive aspect of my life at one time. I miss it every day. I'd like to get back to wood carving and other artistic pursuits as well. There's something very calming and satisfying in practicing art. I've had some rough years in my lifetime so it's time to tip those scales way down on the side of good years.
 
I have not thought that far ahead. I've got exactly 1.5 years until I hit 40. That's what I'm gearing up towards... literally.

Financially my wife and I have always been savers, so we are ahead of our goals that we set 5 years ago. I have no material possessions that I care to buy as I'm not that type so not at risk of spending $ on dumb mid-life crisis things. We talk about building a house but that would be a massive financial setback so I'm always on the opposing end of this conversation. I hope I can hold out long enough, but facts and logic are only so much in the battle against a woman's emotions.

Kids are healthy, so all good there. Bring them up well educated to respect our family values and just be be good happy kids.

My other goal is to apply some $ towards a solid investment strategy, and dodge any attempt at a birthday party. I hate that shit.
 
Have more money than i have now?

Financially wise we're just going to carry on, this plan started a few years back and will go beyond the next 5 years.

Training, same old i guess. Fight the old man bod till i can't fight anymore lol.
 
That's a tough one for me, you know I've got it pretty good when I sit back and think about it so I'm going to say in 5 years I'd like to be more mindful and just be able to be happier with what i have as opposed to striving for more and more and more.
How will I achieve that? No clue.
 
You know the retirement thing like Electricrocker is something I should have done more, but I saw my father retire at 45 and pretty much watch what he has to spend and has died of boredom.
It funny he used to tell me to save all the time, now he has said maybe I am doing it the right way.
He told me life goes by too fast and have fun, but don’t be screwed at the end.
All I have is a car payment, I’ve been mortgage free since I was 36, my only real debts have been from renovating my house and vehicles, I used to have a bad addiction with vehicles, now that I’ve bought one worth almost $100,000 I’m done on that. No thrill in it anymore, the last decade I’ve custom ordered whatever I wanted.
The only advantage I have is that as long as there is a market for a butcher shop, I’ll semi retire and still pull an income till I die.
I love to work though, I like the routine, after about 4 days of holidays I’m ready to go back to work, my wife is the same.
I am lucky though that my wife is a great money person. She can save like nobodies business. Pays everything off early.

Truthfully though, I miss the days of having to struggle for everything, it gave me purpose. Work is easy now and a bit boring.
Oh and in 5 years I want my fucking colon fixed. That’s my biggest goal right now, I’m tired of living in gut pain every day. There is a process I need to go thru before they will operate and fix it and I need to quit playing doctor with gh and shit trying to stabilize it, because it’s slowly getting worse. It’s funny, I’ll rub my gut and my wife will look at me, I say, oh don’t worry it’s sore, but not I have to go to the hospital sore, except the last couple of days, I’m getting a bit worried I may have to spend a few days in the hospital on IV antibiotics. We will see if it’s better tomorrow, but I don’t feel too good right now. Fuck I hate my gut. So some advice to you guys, make sure you don’t push too hard when constipated and if you are, work on your gut to make it work better, either with fiber, more water, probiotics or the such, because having diverticulitis sucks my fucking ass at my age.
 
Two more days!
I appreciate everyone's post and wish all of you the best with your plans. God, they are all so simple and wanting so little. It shows we don't need a lot to be happy.
 
I am a simple person. I have the means to have stuff but no desire for it so most of my money goes into savings.

In five years I hope to still be watching my children grow, maybe have a vacation property somewhere or have sold our house in the city and to have moved to an acreage in the country.

I would really like to be my own boss and have my own business one day but I couldn’t leave the security of the job I have now. That will have to wait unit retirement.

I am happy where I am physically now short of the nagging injuries from being a heavy duty mechanic since 18 yrs old. If I am still hitting the gym as hard and often as I am today in 5 years I’ll be happy.....as Faller said fighting off that “old man bod”

BC
 
faller said:
Have more money than i have now?Financially wise we're just going to carry on, this plan started a few years back and will go beyond the next 5 years.Training, same old i guess. Fight the old man bod till i can't fight anymore lol.
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You can fight to your dying breath Faller. Look at yourself. You're in far, far better condition than 95% of the 20 year olds out there. And just think of all the new 'supplements' that will appear in the years to come.
 
Treneth said:
That's a tough one for me, you know I've got it pretty good when I sit back and think about it so I'm going to say in 5 years I'd like to be more mindful and just be able to be happier with what i have as opposed to striving for more and more and more.
How will I achieve that? No clue.
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Buddhism
 
The last 3 1/2 years has been chaos for me professionally and financially....so my 5 year goal is to have myself firmly established at my job and have all my money stuff tidied up to the basics. That should translate into actually being able to go on a vacation with the family and having the funds to do things as a family.

There is one other goal professionally but I'm not sure of which way I want to go. I can either work all year with less hours or work crazy hours for 7-9 months and take the rest of the time off. Taking the few months off means I could actually train in that time.
 
flexappeal said:
There is one other goal professionally but I'm not sure of which way I want to go. I can either work all year with less hours or work crazy hours for 7-9 months and take the rest of the time off. Taking the few months off means I could actually train in that time.
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I don't know about you but I'd take the all year with less hours so I can do some of the things I enjoy. My philosophy is live while you are alive, you never know when it could all end. Just do so responsibly.
 
The catch with the year round is up at 5 and home by 8 so not much left in the tank but to hang out with the family for a couple hours before I pass out and the gym is a no go.
 
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