Originally Posted by
BoilerUP
You know many people IN RETIREMENT who have all their savings in a SP500 index fund?
That’s very a aggressive and risky investment strategy for a retiree...
That’s my plan. It’s risky NOT to be invested well enough to keep up with/ahead of inflation. I plan to have about a year or 2 worth of expenses in cash in case of a major market downturn. I want to die with the same amount (or more) in my nest egg as the day I retire. That will be nice to leave to my kids/grandkids. I’m not planning in living a meager retirement either. If you save enough it can be done.