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Sure, it can be more, or less of a problem. I've always done what you describe, and it's helped immensely in terms of not being too worried about this kind of t
by ericd 4y ago
Sure, it can be more, or less of a problem. I've always done what you describe, and it's helped immensely in terms of not being too worried about this kind of thing. But even with a 50% savings rate, you might still prefer to not be out of work :-)
- Sebb767 4y agoObviously, anyone want's to keep making good money :) But if you successfully avoided lifestyle inflation, a drop won't hurt as much and you've probably taken some proper savings from the good years, so the benefits (like earlier retirement) will last.