I hope newer members take a moment to read this. I am now 75, retired and enjoying a comfortable, not extravagant by any means, life style. Briefly, I found this board about 20 years ago or thereabouts. It was after seeing it recommended, I believe, on Motley Fool. I was a social worker who knew nothing about investing but fortunately had a nice TIAA-CREF plan at work that I pretty much ignored until then. Because, and ONLY because of the lessons learned here, I took 10 years to move everything to CREF, retired early at 62, and immediately moved everything to Vanguard. I used Firecalc (and donated every time).Folks may disagree, but I at 62, I put 45 in Wellesley, 40% in Wellington, and 15% cash, and never touched the allocation…BOOOORING!!!
I have fudged a bit and done 5%, plus 12K officiating high school and college, plus SS for 2. For you new folks, NOT A PROMISE BUT I HAVE 200K more now in my Vanguard than I did at age 62, and I did not start anywhere near a million.
My point…This board, these I incredibly smart people taught me the simple, “You can do this yourself”, ignore all the ads, and become a BORING investor model.
..and it has worked out just as they said. (Yes, it has been an unbelievable market, but the fundamentals have proven absolutely solid.)
Thank you, Thank you, Thank you.
Ted in Iowa…now buying new dryer sheets!
I have fudged a bit and done 5%, plus 12K officiating high school and college, plus SS for 2. For you new folks, NOT A PROMISE BUT I HAVE 200K more now in my Vanguard than I did at age 62, and I did not start anywhere near a million.
My point…This board, these I incredibly smart people taught me the simple, “You can do this yourself”, ignore all the ads, and become a BORING investor model.
..and it has worked out just as they said. (Yes, it has been an unbelievable market, but the fundamentals have proven absolutely solid.)
Thank you, Thank you, Thank you.
Ted in Iowa…now buying new dryer sheets!