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re: Inherited Money. Worried about crash.

Posted on 10/7/25 at 3:16 pm to
Posted by turkish
Member since Aug 2016
2251 posts
Posted on 10/7/25 at 3:16 pm to
Forget about “net worth.” What’s your invested assets and cash figure?
This post was edited on 10/7/25 at 3:17 pm
Posted by Enadious
formerly B5Lurker City of Central
Member since Aug 2004
18501 posts
Posted on 10/7/25 at 5:38 pm to
If you can work, you should work. It helps raise the financial tide. If it’s detrimental to your health, don't
Posted by DraggingPride
Member since Jul 2024
102 posts
Posted on 10/8/25 at 12:18 am to
98% of "Financial Advisors" especially your run of the mill Edward Jones, etc are frauds....anyone with a decent head on their shoulders can do the same without fees
Posted by GrapevineTigah
Grapevine, Texas
Member since Dec 2003
46 posts
Posted on 10/8/25 at 5:16 am to
I believe your basic fear is valid. Said another way, nvidia, broadcom, etc are priced to perfection. If the forecasts are correct and they continue to make huge profits they'll go up, bringing the market with them. If not, it will be like 1999. A way to handle this is and focus on your risk tolerance is to avoid the high flyers (or minimize exposure to them), rotating investments into financials (XLF), utilities (XLU), BRK, etc, though even the utilities are getting benefit from the AI craze.
Posted by baldona
Florida
Member since Feb 2016
23306 posts
Posted on 10/8/25 at 11:29 am to
quote:

I'm 43. I retired when my parents passed and weve been able to sustain with interest and not eat into principal.

And yes. I think the FA is suggesting that based on my age. but I retired because of a type of adult onset muscular dystrophy that I also inherited.

The job I left is still asking me to come back but I honestly don't know how effective I am any longer


You should be working part time. For one its good for you. Bring in some extra money and keep your mind busy for 20-30 hours a week.

Same thing for your wife, frankly.

Do you have kids? I honestly don't know what my wife and I would do at this point with an extra 60-70 hours a week between the two of us. I've been taking a good amount of vacation this year, I could certainly work 20 hours less easily.

But that is not enough wealth to comfortably retire forever on, at 43, IMO.
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