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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can you explain this "have sequence of return risk covered for over half a decade so take advantage of irrational dips now and then." ?

What does this mean, like what steps or actions did you take. Im wanting to learn, so honestly asking for input.[/quote]

I have sufficient cash holdings to cover 61/2 years of expenses in retirement.  So if the market were to drop when I retire in 2 years I won’t have to sell any stocks to cover expenses giving me the luxury of giving the market over half a decade to recover before needing to sell any stocks to cover future expenses in retirement.

Effectively insulated from significant market downturn at or near retirement.  Yes, I give up potential gains by having a higher portion of my portfolio in cash equivalents but in the end I will still have more money at the end of retirement that I will have at the beginning of retirement.  Just how compounding works, I started saving early at a certain point compounding just takes over and carries the day.  [/quote]
Ah ok, thanks for explaining a little more. Appreciate it.
[/quote]

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