As I do, though none of us really knows how much and bad of a “poor time” they’ll ultimately have to endure or whether their preparations were sufficient. My point is that to say people shouldn’t be nervous when things are clearly going sideways is not always helpful, we’re going to be nervous no matter how much we’ve prepared. To me the better answer is, you’ve done the best you can, there’s nothing else you can do.Anytime can be a poor time to retire. We need to succumb to the truth that we can’t predict the future and therefore should have a portfolio in retirement (and pre-retirement) that can tolerate “poor times.”
I dunno. I just retired and am not panicking about finances - because what could I do other than hold my best guess at an appropriate asset allocation, including a couple of years worth of cash. But I’m sure as heck nervous about retiring at what may turn out to be a very poor time.
Statistics: Posted by chazas — Tue Mar 11, 2025 3:06 am