In 20 year’s time your 401k will be worth $1,000,000. Good for you! After you retire you’ll be able to collect about $50,000 per year until you die – maybe in another 20 years. For those first 20 years you’ll have to work a boring, often times pointless, job. But, you will have the money and vacation time to pursue your passions for 3 weeks once a year. And of course all this assumes your 401k won’t bust, you won’t get cancer, get hit by a bus, randomly fired from your job, etc. Nothing is guaranteed.
OR
You could take your chances, live freely, fully, perusing your passions for a solid year or two, after which you will have to try and find a new job. Hopefully one which brings you satisfaction for the next 20 years – maybe even some money. But again, nothing is guaranteed.
You know where I’m going with this…
