It’s more about giving yourself a goal to work toward. Yes, things change and are not always within your ability to control. Be fluid with your goals, but continue to work for them.
Example:
My 5-year plan at work is to be promoted into management. My 5-year plan for retirement is to double what I’m investing each month. My 5-year plan for my house is to save up to build a backyard patio and rebuild my outdated deck.
Easy-peasy. They’re not super specific, and when things happen, I’ll adjust to accommodate. But it gives me something to focus on in the long term.
Management? Fuck that, I don’t need to deal with more other people’s bullshit.
Double what you’re investing each month? If you start with a dollar, you’ll be investing almost $17MM/mo. after two years. Maybe that’s not the best goal.
Including monthly is not unnecessary, it makes it mean something completely different than “double after 5 years”. As the other comment(s) should have indicated. So if that was what you wanted to say, then it was simply wrong to include it, not unnecessary.
Wasn’t my comment, you can just sorta think “huh, that doesn’t make sense” and clearly some people will post smug comments and some will think “oh, they probably meant this perfectly reasonable alternative”.
True, it is easy to fall into the “no time left to think about something else” when trying to disprove someone. Kind of like not thinking about the pink elephant when someone mentions it. Your meta analysis is spot on and I am honestly sorry that I am this way. I constantly look for errors in everything.
I never understood the 5-year plan thing
How the fuck am I gonna know what’s gonna happen
It’s more about giving yourself a goal to work toward. Yes, things change and are not always within your ability to control. Be fluid with your goals, but continue to work for them.
Example:
Easy-peasy. They’re not super specific, and when things happen, I’ll adjust to accommodate. But it gives me something to focus on in the long term.
Management? Fuck that, I don’t need to deal with more other people’s bullshit.
Double what you’re investing each month? If you start with a dollar, you’ll be investing almost $17MM/mo. after two years. Maybe that’s not the best goal.
The deck project is a good idea tho
Perhaps it would have been better worded as “double your monthly investment”
Tell me how you plan to double your money every month.
“I currently make a monthly investment of $200 a month. In 5 years, I would like to have doubled that investment to $400 a month”
Including the “monthly” in the original comment is admittedly unnecessary but I feel like it’s pretty obvious what they actually meant.
Clearly it was not obvious.
Including monthly is not unnecessary, it makes it mean something completely different than “double after 5 years”. As the other comment(s) should have indicated. So if that was what you wanted to say, then it was simply wrong to include it, not unnecessary.
Wasn’t my comment, you can just sorta think “huh, that doesn’t make sense” and clearly some people will post smug comments and some will think “oh, they probably meant this perfectly reasonable alternative”.
True, it is easy to fall into the “no time left to think about something else” when trying to disprove someone. Kind of like not thinking about the pink elephant when someone mentions it. Your meta analysis is spot on and I am honestly sorry that I am this way. I constantly look for errors in everything.
I’m privileged enough to be fairly content. I don’t see the need.