Originally Posted by
FangsF15
this is probably going to sound callous, and I truly do not mean it that way. But as you are approaching mandatory retirement age, are you not shifting your investing strategy to more bonds and less equity stocks?
again, that is in no way trying to dismiss the reality that some folks are facing right now.
No problem. I get where you are coming from. No offense taken at all.
Yes, I have shifted some to bonds. And yes, I have a financial planner guiding my investments. I'm lucky that my wife has a decent job and future solid retirement options. It gives me some additional time to ride things out. Regardless, I am fortunate and I should be fine.
One thought that I would like to put out here (to all), with all due respect, is that each individual career path is different. Timing of entering the career, internal factors (family medical and such), external factors (company bk, black swan events)... all this and other things influence a pilots ability to invest early and often.
I am truly happy for those that have experienced (or plan to experience) unimpeded careers. Future careers that potentially amass $10m+ 401k balances. This being said, we all should respect each other. I haven't walked in other's shoes; nor have others walked in mine.
Thanks for your comments. I mean this.
S