Originally Posted by
PipeMan
We (I) are worried because all the money coming in can stop nearly on a dime due to pay cuts and furloughs. I don’t plan on keeping this income coming in for long so I am making the most of it for now.
You guys out there with vacation houses, fancy cars, airplanes etc amaze me!
I would not live your life in fear of what might happen. Once you have 15% below you on the seniority list a quick stoppage of income is highly unlike. The things you mention can be sold if needed. A vacation home for me was always a investment with the added bonus that my family gets personal enjoyment out of it. You want a diversified portfolio and one part of that should be real estate. The real estate side of my portfolio is what is allowing me to enjoy a great retirement without financial issues.