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Re: Learn From Older Retirees?
Old 05-04-2006, 05:37 PM   #21
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Re: Learn From Older Retirees?

Originally Posted by SteveR
Not to put too much of a fine point on it (Doh!) but I don't think they had a means to "shoot" someone back in that era.
Arrows anyone?

My american archer certificate (signed by Richard Nixon!) says that not only can I shoot you with an arrow, I can do it from 100 yards away!

Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: Learn From Older Retirees?
Old 05-04-2006, 07:22 PM   #22
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Re: Learn From Older Retirees?

Originally Posted by LOL!
It seems to me like the Hebeler article has been addressed by the recently discussed Guyton and colleague article in the Journal of Financial Planning and by Scott Burns and L. Kotlikoff in their consumption smoothing treatises.* So if we follow all these gurus's advice, we are all set and have nothing to worry about.
Except that Hebeler is the only one who seems to be retired, and IMHO he's working awfully hard at it...


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