Reply to How much to retire at age 55? We are 50

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I wouldn’t assume that the markets will continue to flourish. I’d assume continued inflation. I wouldn’t assume the ACA will remain intact, and certainly wouldn’t count on subsidies continuing. I would also anticipate major political and social unrest in 2024 and beyond, and plan accordingly.

I’m sure this is too gloom and doom for most folks. [/quote]

Not sure exactly how to plan for the breakdown of democracy, especially if it happens 20 years before I plan to retire, so I think I'll just keep saving as I have been doing until it obviously becomes time to sell everything and flee the country.[/quote]

If fleeing the country is on your radar, you might want to plan for that now. [/quote]

It's not, really, I was mostly being flip. I don't see much reason to plan for evacuation as far as retirement savings goes. If I had to flee immediately, we could just ... leave all our stuff here and put plane tickets on a credit card (assuming those still work) and then deal with liquidating or moving assets later. Not really sure where we'd go, anyway. Can get Israeli citizenship pretty easily, but things would have to be pretty bad here for that to seem like a safer, more stable option. [/quote]

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