Reply to Regret Retiring Given Inflation/Market Woes?

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[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]

We're in similar situation, both retired last year mid 50s, and our NW at the time was around 8mil.  It's now down about $1mil.  Fortunately, our paid off rentals have been doing well and we were able to increase rent substantially this year.  The rent alone pretty much cover our living expenses considering we don't have any mortgages or loans, we don't see a need to liquidate any or very little equity for expenses.[/quote]

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