Early Retirement & Financial Independence Community - View Single Post

SteveR · 09-23-2007, 07:41 AM

Welcome to the forums. Glad you found the site and as you have already seen there is a wealth of information and opinions here to keep you busy for a long time.

The last year, month, and week are tough to get through but each day is one day closer to retirement. Start now on determining how you will generate the cash you will need to fund your expenses each year. Many have a 2+ year stash for both living expenses and for emergency funds. The next few years is in a "safe" investment that continues to make some money but is both liquid and "safe" from market swings so you don't loose the balance in these accounts. The rest is in a variety of funds or where ever else you want it put it to continue to grow.

Good luck and welcome to the forums.

09-23-2007, 07:41 AM	#6
SteveR Moderator Emeritus Join Date: Jul 2005 Posts: 2,674	Welcome to the forums. Glad you found the site and as you have already seen there is a wealth of information and opinions here to keep you busy for a long time. The last year, month, and week are tough to get through but each day is one day closer to retirement. Start now on determining how you will generate the cash you will need to fund your expenses each year. Many have a 2+ year stash for both living expenses and for emergency funds. The next few years is in a "safe" investment that continues to make some money but is both liquid and "safe" from market swings so you don't loose the balance in these accounts. The rest is in a variety of funds or where ever else you want it put it to continue to grow. Good luck and welcome to the forums. __________________ Work? I don't have time to work....I'm retired.