atmsmshr
Full time employment: Posting here.
Thank you to the forum members who have shared their FIRE insights! You continue to be an education for me while approaching retirement. The different perspectives and experiences shared is one of the best features of the forum.
I am 56 and hope to pull the plug for DW and I between 58-59.
One of my top risks to navigate the SRR. This article by Wade Pfau on the subject is a wonderfully concise write up on the topic.
https://retirementresearcher.com/everyone-experience-different-retirement-income-outcomes/
Now nearing the peak of the window for vulnerability on the bell curve, should I go all in for risk management with a 50-50 portfolio and sell megacorp matching stock (which would guarantee another year at work) or let it ride and completely derisk only when putting in the retirement papers (which could mean another 2-3 years at work if a big stock selloff arrives)?
I work for a utility (electricity remains a popular product) with a steady paycheck and am inclined to keep the accelerator pressed down on stock allocation a bit longer - but have been taking steps to diversify out of S&P 500 index after 30 years.
Comments or real experiences?
I am 56 and hope to pull the plug for DW and I between 58-59.
One of my top risks to navigate the SRR. This article by Wade Pfau on the subject is a wonderfully concise write up on the topic.
https://retirementresearcher.com/everyone-experience-different-retirement-income-outcomes/
Now nearing the peak of the window for vulnerability on the bell curve, should I go all in for risk management with a 50-50 portfolio and sell megacorp matching stock (which would guarantee another year at work) or let it ride and completely derisk only when putting in the retirement papers (which could mean another 2-3 years at work if a big stock selloff arrives)?
I work for a utility (electricity remains a popular product) with a steady paycheck and am inclined to keep the accelerator pressed down on stock allocation a bit longer - but have been taking steps to diversify out of S&P 500 index after 30 years.
Comments or real experiences?