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re: Is it time to sell everything and take advantage of this bear market?

Posted on 11/12/18 at 5:37 pm to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73184 posts
Posted on 11/12/18 at 5:37 pm to
quote:

I'm 20 years out from my retirement window -



ahh so you retiring at 67? i may do same. i know i could retire sooner but i still have huge goals i want to meet and i will need to keep going. I just want ability to retire sooner should i change my mind on those goals. everybody i see says retire as early as possible you won't regret it. I guess unless you need all the SS money you can get then you need to hold off.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89620 posts
Posted on 11/12/18 at 9:50 pm to
quote:

ahh so you retiring at 67?


Older. I have a fantastic job.

quote:

i know i could retire sooner


My first real window is at 60. That would be right about a 6-figure retirement income.

quote:

but i still have huge goals i want to meet and i will need to keep going.


Yes. If my health starts to dip earlier than 70, then I'll go earlier.

quote:

everybody i see says retire as early as possible you won't regret it.


This may very well be true for those people, but you still need something to do - and that something costs money, usually. You have more time to engage in expensive hobbies, so I think most folks underestimate how much they need in retirement. I'm going to be in Forever House within 30 months, likely, and it is going to be expensive.

So, I project retiring relatively older, but very well.
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