Deciding When to Retire
- By Jagdaddy
- Open Discussion (Work-safe)
- 124 Replies
I'm sure you know this, but if you do go that early, just make sure you're diversified enough to weather a major market correction without having to sell when the market is down because that correction will come at some point. It seems like it should have happened already or happen fairly soon given the incompetence and venality of our overlapping political and plutocratic classes. That said, it's likely been in significant part due to that venality that the system has been set up to inflate the paper value of financial assets and thereby benefit both the capital R and lower-case r rich (the latter being people like financially prudent or investment savvy doctors, lawyers, tech professionals, engineers, skilled tradespeople, successful small business owners, some government employees, etc.) to the detriment of folks who get all of their money from working so it may be that the powers that be don't allow a market crash to get too severe.Yeah, no kids, a fairly cheap lifestyle, and a ridiculous 15-year run in the market have definitely helped. I'd been aiming for 55 but lowered it to 50 maybe 5 years ago. But last year nearly killed me and I've decided I've had enough of all of this nonsense.
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