I assume that most people here have a goal of XX amount of money and when they hit that amount, they will pull the plug and reitre (as oppossed to a goal of leaving on a certain specific date).
If you have a money goal, you must have a spreadsheet that tracks your retirement accounts and projects what approx date you will have hit your monetary goal.
How does it affect you emotionally when the market takes hits like its doing right now and you can feel your target date getting pushed back?
My date is / was 7 years away. No matter what happens I will have enough to retire on that date because I have a pension, but I dont want to leave without XX amount of money on top of the pension because we already have grand plans to travel and live a better lifestyle than we live now.
So anyway, do you have a time frame goal? Or a money goal? And if you have a money goal as I assume most do, how does it affect you emotionally when you see your time frame being pushed back day after day in a prolonged market downturn like this appears to be?
If you have a money goal, you must have a spreadsheet that tracks your retirement accounts and projects what approx date you will have hit your monetary goal.
How does it affect you emotionally when the market takes hits like its doing right now and you can feel your target date getting pushed back?
My date is / was 7 years away. No matter what happens I will have enough to retire on that date because I have a pension, but I dont want to leave without XX amount of money on top of the pension because we already have grand plans to travel and live a better lifestyle than we live now.
So anyway, do you have a time frame goal? Or a money goal? And if you have a money goal as I assume most do, how does it affect you emotionally when you see your time frame being pushed back day after day in a prolonged market downturn like this appears to be?
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