Hey! Where did June go? I haven’t even put together my net worth update! I did remember to pay my rent though. That’s a good thing.
Today, one of my favorite coworkers is retiring. We had a party for him earlier in the week because so many people are off today due to the holiday weekend. So it’s a bit of a quiet day. He has been talking about all of his retirement plans, and I have to say, I’m a little jealous.
He has been very good with his money over the years. Even with helping his kids with school, he’s still got a nice chunk of cash stored away that along with his continued income from his part-time job, he and his partner will be able to travel and enjoy the rest of their lives. He’s talking about all the different trips they plan to take and what he wants to do with his time. It’s really inspirational to listen to him talk, and it makes me want to work harder at saving for retirement! One coworker was inspired to finally start contributing to his retirement account. It’s made me think about increasing my contribution a bit. I currently contribute 7%, with a match on 5%. Maybe it’s time to get up to 10%. Retirement is a long way off, but every dollar counts.