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While there's lots of good advice above one thing to remember is tomorrow isn't guaranteed.
While it would be foolish to live like there's no tomorrow it's all about striking the balance between living in the present and preparing for the future.
There's no point having a pension of £2000 a month if you haven't the health to travel and spend it.
There's no point turning down every social occasion because soon enough youl find that no one invites you to anything and ultimately when you do fancy a night out, you've no one to call on.
People say about not travelling or going on holidays but I'm a firm believer that you need to see some reward for your hard work. Nothing wrong with a week or two away each year done in a cost effective manner.
Your on the ball preparing for the future but don't let that get away from the present. And after all you could make all the sacrifices to live well in 20 years only to die the year before.
Strike the balance right and you will be ok. You sound like you have your head screwed on.
Originally posted by Retireby40
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You do raise a good point.
But bear in mind that the UK has changed a lot in the last 20-30 years.
We used to have a stronger pound, good pensions, more secure employment, no student fees, cheaper housing etc.
So 20 years ago it was less of an issue for people to go off travelling in their youth - as they still had decent prospects on their return to the UK.
Ask people about Eastern Europe in the 1990s - after the collapse of communism and before EU membership. It sounds very much like the UK at the moment - only the UK is experiencing a slow motion version of their sudden disruption.