Quit While You're Ahead!

================================

Follow me censorship-free!

My course "Can I Retire" will help reduce your stress when it comes to retirement planning.
Get it here:
and don't forget there IS a 30 day money back guarantee if you're not satisfied!

Get my books on Audible here:

Want to support what I'm doing for $10 a month?
Join my SubscribeStar page!

My Amazon Product page:
Anything you buy there Amazon pays me a commission. Much appreciated!

GET MY BOOKS:
ALL are FREE to Kindle Unlimited Subscribers!

You Can RETIRE on SOCIAL SECURITY:

The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It:

Strategic Money Planning: 8 Easy Ways To Put Your House In Order

GET ALL MY LATEST BLOGPOSTS:

[johnnyutah]

The only problem with that, is that inflation will eat your cash alive. Tough choices all around.

[tbravo]

The look on the dog's face at 8:41 was the exact look on my face as I tried to understand this video.

[masterlee]

The toughest thing about this article is that it makes me realize if I were reading a book this would be the second to last chapter. It is truly hard when you have watched your money grow over 40 years to realize that the time is coming sooner than later that you will be spending it down. When you are young it is not something you think about, but as you age the realization sets in. My plan if I can even call it a plan is to draw 4% a year. Why 4%, well it is all I need and I was hoping to average at least that in returns so that my original amount when I am gone will go to my children. From what I am hearing we can't take it with us so I will just leave it all to them.

[sheldonkorpett]

I am less than two years out. I have probably way too much in cash (about 8 years) 60% still in stocks. 58 now. At 62 I will begin to draw my pension and with SS will be over $100k in income annually. Recently had a major health issue and I am recovering now but that has me leaning towards getting out next May and moving out of NJ and enjoying retirement.

[celticspirit]

Buffett Indicator is at 190 now. Too richly valued for my blood. Holding cash. I will live with my decisions.

[alphamale]

Don't panic. As Peter Lynch said "There is always something to worry about".

[jsilverback]

Great update. How about doing a update on what to do with your money once you have enough not to need the market. You had an older one but a new update is needed.

[hillbillysportsman]

I’m five years out from retirement. I’m 55% in the market an kind of nervous about it.

[joethecomputerguy]

Lock in gains. Yep, I did on Jan 3. Things over the past number of years since I retired were just way too good! Damn I'm smart. OK, better to be lucky than smart. Started back buying in a little in Feb and a little more in March, now I am 50% equities.
OK, maybe it's not all luck. I follow a quant strategy. It is really working really well. Feb 2020 signal came to get out of equities. I did and got back in almost at the lows in March. My best trade ever. Retirement is good!

[rayanderson]

Target date seems like the right move 5 years out. Kudos on making a tough decision. 3 years here and yes I am concerned. I left the 5 years and out bucket invested and have regained some ground the last several weeks but the 1-4 year bucket money is tucked away in a 2025 target funds. Hard times means hard choices but the piece of mind is well worth it.

[AlumniQuad]

I loved John Houseman's performance in _The Paper Chase_

[JustABill]

Even the day you retire, you may not be spending most of your retirement money for another 10 years, especially if you retire early. If you have enough where you expect not to or want to spend all of it, your children have decades until they will be spending most of it, your grandchildren even more time till when they would need it. Keep using the buckets with anything you won't need for 10 or more years in the market, preferably in a Roth account...

[shoobidyboop]

"People will believe anything they see on the internet." - Abe Lincoln.

[nicksnarski]

Interest rates will be going up, no question about it.its called inflation .7 years Out..

[dcallahan]

Great video. Bulls make $, Bears make $ and Pigs get slaughtered.

[davidstewart]

Pablo’s sudden appearance was hilarious. Then he proceeded to start sending Morse code with his eyes.

[agentorange]

Ideas on this setup if you have a 20+ year time horizon, a 50:50 spread across FVIAX for that SPX blue chip US equities with the other half in VBIAX which is your typical 60:40 stock bond blend 66.6% of which the bonds are US government bonds.

[ddellwo]

My scenario is even dicier - I hope to retire in five years, and feel like I either lock-in significant losses to inflation by cashing out now, or run an exceedingly high risk of experiencing losses by staying in the market! Talk about being damned if you do and damned if you don’t……😕

At this point I have rolled everything into a target date fund within my 401(k) and am hoping for the best……🤞

[justmusic]

You take a risk when your feet hit that cold floor in the morning. I always wondered who was driving their boats while they are on tv giving their sage advice, couldn't spell yachts, maybe if l owned one l would go to more trouble learning how to spell it.

[Sylvan_dB]

You do not have to buy "the stock market." It is a market of stocks. Buy the ones which are high quality and nicely valued.