New vs Old

Here is my take on your dilemma. Put some money away in a SEPARATE account for a newer car, but don't buy a brand new car. Wait until your 14 old car is giving you enough problems that you don't want to fix it to replace it. Also put some money into a separate account for your older car, the Duster. Also put some money into a third account for retirement. I would not throw it all into retirement because you never know if you're going to die next year or not. Enjoy your life now and have a little fun with it but don't go overboard. make plans to live longer though and not run out of money. You might surprise yourself and live into old age years. :-)