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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 Ace Midnight
Posted on 11/12/18 at 5:37 pm to Ace Midnight
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 on 11/12/18 at 9:50 pm to Fat Bastard
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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