Originally Posted by
Vito
To those who disparage the over 60 crowd, if its any consolation, alot of these guys lost a ton of cash in the market/retirement accounts, The ultimate irony is if they had retired at age 60 they would probably have much more cash in their retirement accounts then they'll have when they retire at 65!! due to the m
arket crash. So they are working for nothing, cept some benefits...Ironic
The well know (or maybe not) strategies of "retirement savings/investment" evolving as an investor nears retirement, was missed (a claim but maybe there was no plan to retire) by many of the O60. So a quick review for those here; If you are thinking about retiring within the next 5-7 years, remove your ASSets from aggressive growth funds/stocks and into bonds and money markets for security...