It’s about finding that balance between having fun versus being smart about where you’re going to be when you’re 65. That’s hard for us to do sometimes.
“I've been saving for probably 8 years now. First couple years I was saving the minimum. I was spending my money much more than saving my money. Then I lost my first job a year out of law school, and that was really difficult for about 8 months. It was more emotionally difficult than anything because my wife and I had just gotten married. We were okay, but I’ve definitely put more of a priority on saving since I got married.
“I think one of the hardest things about saving for retirement is finding the balance of when to spend your money versus when to save it. For us it’s like the hardest thing to do. I have maxed out my 401(k), but there’s always a part of me that wants to consider not investing as much and using the money now to, you know, buy a nicer house or a nicer car—that kind of stuff. You think about it, but ultimately that’s the balance. It’s about finding that balance between having fun versus being smart about where you’re going to be when you’re 65. That’s hard for us to do sometimes.”
Photograph & interview by Carolyn Bouso
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Jimmy
