This cartoon perfectly encapsulates the conflict that occupies nearly every financial decision you make in life. The essence of successful investing, retirement planning and life in general is balance. You have to plan for the future but live in the present. You have to enjoy the moment but plan for old age. You have to invest for the long run but survive the short run. It's difficult to balance enjoying life now and ensuring you have the resources to enjoy life later.
There is no ideal balance for everyone because we all have different goals, needs, resources, expectations, and desires. The hardest part about planning for your financial future is the simple fact that you don't know what will happen. No one has it all figured out because no one knows what various curve balls life is going to throw at them. So you do the best you can.
-Ben Carlson, Risk & Reward: How to handle market volatility and build long-term wealth
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