Here's what I thought was a good and informative read supporting the primary objectives of this thread:
http://seekingalpha.com/article/2956...ly-maybe?ifp=0
On a side note, at 56 years old and 6 to 10 years away from cost effectively accessing retirement funds it's somewhat frustrating knowing my body is not going to perform at a level that allows me to do what I really enjoy doing at a level that makes it rewarding.......strength and reaction times are all starting to atrophy to a degree. Thus it's frustrating knowing I won't genuinely enjoy the activities at levels I consider respectable. Senior Tour Golf would be one simple example, the qualifying age is 50 and you don't see many competitive seasoned players over the age of 60......their second 'prime time' before they start sunseting is between 50-56 years old. Not 62.5-66 or maybe 70+ if the government continues leveraging.
Moral of the story, start young, resist superficial spending, invest aggressively, and set your retirement target earlier than 62.5 or 66 years. If you can pull it off you'll improve the quality of your retirement.
