Not retired.
House - don't really know so will use Zillow - down 14.5%.
Savings - up 77.5% since first recording 04/08/2004
- up 12.5% since end of year 2006
- down 4.5% since end of year 2007
- down 2.3% since end of year 2008
The major reason the downside is accelerating is that I am not retired and have been continuing to buy equities while prices decline and declines this year have eaten more than I have given. Whether this is smart or now will become more transparent with time. Husband retiring in September; I'm retiring in December 2010.
Paying the piper on deferred taxes will cost me more than the downturn/crash. (Also, inflation is not factored into the above numbers. I fear inflation more than the market.)
|