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re: What goes up, must come down…???
Posted on 1/2/24 at 8:56 am to threeputt23
Posted on 1/2/24 at 8:56 am to threeputt23
quote:
I’m an old retired guy who has not touched his 401(k).
If/when the market crashes it’ll also affect real estate, so where is the safe move beforehand?
We don’t know what your financial/income situation is, how much of your net worth is tied to your 410K or when you might need to start withdrawing from your 410K. But well before you entered retirement, you should have developed a plan that accounted for that and have a portfolio allocation that’s appropriate.
You mentioned real estate. Do you currently have some real estate related investments, or if there is a real estate correction, do you have a desire to enter that market for investment purposes?
Given the limited amount of background information, my only advice is to have a rational, unemotional plan and don’t be reactionary.
Good luck.
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