Reply to Regret Retiring Given Inflation/Market Woes?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What happened to having 2-3 years of cash for living expenses so you can ride out the downturn and retire. Yes, there's inflation going after your cash, but you are not the only one. Cut back a little and work part time.
Don't look at the balance of the retirement you not suppose to touch the next 2-3 years. 
[/quote]

This! Exactly. Same as my earlier posts. Have enough cash to get you through a bear market and you’re good. [/quote]

So let's say I have 2-3 years cash and the market stays down 2-3 years, I use all my cash.  What is the next step?  Even if the market is fine, when retirees use up their cash allocation, do they replenish their cash at some point via re-balancing?

[/quote]

For us the next step would be to cut spending. We are early (mostly) retirees. I work part-time, enough to be able to deduct our health insurance against my income. With no debt most of our spending is discretionary, especially travel which is pretty easy to cut back. [/quote]

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