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re: This Is What Life Without Retirement Savings Looks Like

Posted on 2/22/18 at 10:48 pm to
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 2/22/18 at 10:48 pm to
quote:

Based upon the modeling from our FA





Just wait till you see a market correction of 25%+. I saw two in my life time. Remember, FA's and the key words of "modeling". :bwahaha: :bwahaha: :bwahaha:

Another sucker and dreamer to think all is good. Hope you buying a powerball ticket.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35729 posts
Posted on 2/22/18 at 10:54 pm to
quote:

Just wait till you see a market correction of 25%+. I saw two in my life time.


Unless the market corrects/crashes at retirement age (and you're in mostly stocks, which would be really dumb) then market corrections don't really matter.

In terms of retirement savings, who cares if the market tanks once or twice decades before retirement?

We were above pre-2008 crash levels like 3 years later.

Posted by YoungManOldMan
Member since Dec 2017
1882 posts
Posted on 2/22/18 at 10:57 pm to
quote:

Just wait till you see a market correction of 25%+. I saw two in my life time. Remember, FA's and the key words of "modeling".

Another sucker and dreamer to think all is good


What kind of goombah exposes himself to so much risk that it has a chance of losing 25%? I will work until I’m dead. I’m okay with that. I’m not going out into early retirement. As long as my brain works, I will be working
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/22/18 at 11:11 pm to
I wish we'd have one right now fish
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