Jonathan Clements: Vacation Vegas

Posted by admin on Saturday, November 13, 2021

Jonathan Clements Money Quote saying to retire is comparable to vacationing in Vegas for as long as you can afford it. Jonathan Clements said:
 

 

“Retirement is like a long vacation in Las Vegas. The goal is to enjoy it the fullest, but not so fully that you run out of money” — Jonathan Clements

 

 

In this quote, Jonathan Clements seems to be drawing a comparison between retirement and an extended vacation experience like one might have in Las Vegas. Specifically, he suggests that:

• Retirement offers a similar opportunity to fully enjoy oneself and one’s time without the constraints of work, similar to an leisure-focused trip.
• However, Clements cautions that just like in Vegas where it’s easy to overindulge and overspend and run out of a vacation budget, retirees must avoid enjoying retirement so lavishly that they deplete their retirement savings prematurely.

The best interpretation is that Clements’ view is retirement should be a period of fun and relaxation, but also requires financial prudence to make the enjoyment last as long as possible, just as balancing enjoyment and budget is key to maximizing a Vegas getaway. His quote conveys retirement as a “long vacation” experience that similarly demands moderation to sustain its benefits for as long as one’s funds allow according to one’s planning and means.