SecondCor521
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Imagine the following hypothetical scenario:
You have been saving diligently for retirement for many years and are now 49 years old. You've done the calculations and they show you are on track to retire and meet your financial goals at age 50, which is just dandy fine with you because age 50 meshes well with your life plans.
One day, you look at your calculations and realize that they are off by a factor of two to your benefit: instead of being able to retire at 50 with $X million, you'll be able to retire at age 50 with $2X million.
Setting aside the question of whether or not to retire immediately, the question I wonder about is this:
How would you change your investment allocation after having this realization?
2Cor521
You have been saving diligently for retirement for many years and are now 49 years old. You've done the calculations and they show you are on track to retire and meet your financial goals at age 50, which is just dandy fine with you because age 50 meshes well with your life plans.
One day, you look at your calculations and realize that they are off by a factor of two to your benefit: instead of being able to retire at 50 with $X million, you'll be able to retire at age 50 with $2X million.
Setting aside the question of whether or not to retire immediately, the question I wonder about is this:
How would you change your investment allocation after having this realization?
2Cor521