Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Regret Retiring Given Inflation/Market Woes? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]I retired 7 years ago at 53. So far I've been through two major market adjustments. The first was two years ago, when Covid first hit and the market dropped more than 30 percent. The second is now. Market fluctuations are part of life. If you don't think you can stomach them, you're not ready to retire. You have to think and look long term. Yes, things suck right now -- big time. But I'm still well, well ahead of where I was when I retired despite two major market fluctuations. My net worth was $4.8 million when I retired in 2015, and as of today it's $7.02 million. Yes, six months ago it was $8 million, meaning on paper I've lost $1 million this year. But I'm staying the course, and not regretting my decision to retire one iota. [/quote] +1. You need to be comfortable with the equity portion of your portfolio dropping as much as 50%. If that makes you nervous, then you had too much at risk.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
