Reply to Regret Retiring Given Inflation/Market Woes?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]If you have enough cash[/b] to last 1-2 years without touching your investments, you’re fine. The people who get screwed are not those who retire in bad times, but those who retire in bad times AND sell their investments. [/quote]

Re: cash

What happens in times of inflation, when your money buys less?[/quote]

Good Lord! Has the present moment warped your sense of time and practicality? If you have $3-$5million in investments and $200k in cash/cash equivalents, you are overwhelmingly protected from inflation. If you don’t like cash, draw on a line of credit, perhaps a HELOC. [/quote]

This is such a ridiculous statement.  Inflation is going to impact everyone, regardless of their net worth.  Some may not struggle as much but it still impacts their budget.  3-5M in investments is not living high on the hog if you retire at 60 and live another 30 years, especially in this area.  I would be seriously concerned about inflation and the economy in that scenario.  [/quote]

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