But recent feedback from readers about my savings priorities, prompted me to re-examine the numbers. Here's a sample of the comments that prompted me to take a second look at my financial plans, which were outlined in this post: Financial Battle: Emergency Fund vs. Retirement Savings vs. College Accounts
While you may not plan to retire, a medical condition in your age might force you to retire! Make sure you keep that in consideration. As much as we all would like to think we are invincible, you never know whether you will get cancer/Alzheimer's/arthritis/ etc and be derailed from working.
My grandmother also has no plans to retire, but I know when she has medical problems, her kids will fund her unplanned "retirement" so I am sure your kids would rather take out loans for college and have you save in your IRA! Just a thought. --Anonymous
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