OldAgePensioner
Thinks s/he gets paid by the post
- Joined
- Jun 1, 2005
- Messages
- 1,352
For those retired and not earning income, is your net worth really declining?
My portfolio (other than a glitch or two) has produced quite well from 1-May-2005 (retirement) till now. And that is during a periond of gving $60K to family, lots of moving expense, and high rental costs. I'm up $250k from last May.
I just got a letter from Harris Corp where I worked early eighties and I start getting a check from them on my 60th b-day for $348/month and inflation adjuted yearly. I get SS of $1580 starting at 62, and it just seems like worth is going up not down.
Has anyone been retired long enough to know if you assets really did shrink during retirement.
My portfolio (other than a glitch or two) has produced quite well from 1-May-2005 (retirement) till now. And that is during a periond of gving $60K to family, lots of moving expense, and high rental costs. I'm up $250k from last May.
I just got a letter from Harris Corp where I worked early eighties and I start getting a check from them on my 60th b-day for $348/month and inflation adjuted yearly. I get SS of $1580 starting at 62, and it just seems like worth is going up not down.
Has anyone been retired long enough to know if you assets really did shrink during retirement.