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Reply to "Reached goal - What happens next?"
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[quote=Anonymous][quote=Anonymous]Thanks for the comments. Also nice to feel not so alone in these thoughts. The world seems very precarious these days, though maybe it does to everyone at all times. [b]The idea of relying on the stock market now and for the next 40 years potentially is frightening.[/b] It’s not like an investor can retreat to bonds safely either. I suppose one benefit of having lower income is that we don’t have an expensive lifestyle so monthly draw would not be high in retirement. One of us has a genetic predisposition to blindness so that makes us nervous, too. Needing an aide is very expensive. I guess we will keep trucking for now and see where we are in a few years. Seems strange not to do something differently but we do everything we want to, or at least it’s not money stopping us. [/quote] Very few people acknowledge the bolded truth. I don't think the stock market as we know it today is going to exist in 15-20 years especially with the future of decentralized finance and cryptocurrencies. A lot of people who are well off will not be well off in the next 10 - 20 years. There are substantial changes coming for out current antiquated monetary system and very few people understand the implications of this. [/quote]
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