I agree. I may be in my early twenties still but I’m always thinking forward. This economy has been really rough and it’s been almost impossible to carve out a living as an emerging adult (and musician no less). In a year I’ve over quadrupled my income (from minimum wage part time retail to full time salaried position with a music company while gigging on the side). I don’t expect any favors, nor do I expect any retirement funding other than what I can save up myself.
My wife and I live very modestly so that we will be able to retire with dignity. Sure we indulge in music goodies (both of us being musicians), but we are also knocking out our student loans and credit card debt (a bad decision) as fast as possible.
If you are unfortunately receiving a severance I would strongly recommend investing it in something that will bring you happiness and sustenance long term. Maybe set aside money as an emergency fund and clear out some debts along the way. I’m not saying to formally ‘invest’ but rather… harp lessons with the intent of gigging in the next 2-3 years sounds like a great idea to me.
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