Hexanova
Dryer sheet aficionado
- Joined
- Mar 10, 2013
- Messages
- 28
Yes, if your pension/ss covers most of your expenses and your asset withdrawal rate is less than its return rate your assets will grow.Wow... is it really possible?
Yes, if your pension/ss covers most of your expenses and your asset withdrawal rate is less than its return rate your assets will grow.Wow... is it really possible?
My experience during the 2008 recession was extreme. I had multi million dollar margin loans and large amounts of employee options that all went under water. I didn't do much other than to ensure enough liquidity to ride out the storm. Luckily my cash balances were very high and I supplemented that by putting some HELOC's on some property. Everything worked out fine and much sooner than I thought.
Since then my financial position is very much less risky. No debt. Live off divs and pension. Almost seems boring, but in a good way. All you can do is have an asset allocation that reflects your risk tolerance. My risk tolerance is quite high but nothing like 2008/09.
Since retiring in October 2012, our investable assets are up over 40% after cumulative withdrawals of 13% of beginning balance.
I retired around the same time and mine is up also, but not as much as yours. My investments have gone up about as much as the salary I'd have earned had I kept working. It a great feeling. but I know it won't continue like this.Since retiring in October 2012, our investable assets are up over 40% after cumulative withdrawals of 13% of beginning balance.
I have plenty of company on this site!that's pretty amazing that you can get out of the rat race at 49 and assets increased since. congrats 523HRR... you're my hero.
Respectfully, I wonder if you're not fully appreciative of the benefits of investing. This is not a critique but just trying to understand your perspective.that's pretty amazing that you can get out of the rat race at 49 and assets increased since..
congrats 523HRR... you're my hero.
I retired around the same time and mine is up also, but not as much as yours. My investments have gone up about as much as the salary I'd have earned had I kept working. It a great feeling. but I know it won't continue like this.