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sudiepav

Anyone re-thinking retirement

sudiepav
15 years ago

While our portfolio is fairly good sized and well-balanced, it has taken a huge hit in the past weeks. I was to have retired next July 1, but I don't have 5-10 years left to make up for what the market has lost. I'm seriously thinking of working another year. This would give me a good income, a chance to continue to participate in my 403b, most health insurance costs paid. My husband retired June 1 of this year, and he'd like me to do the same next summer. I'm just not feeling all that confident that the market will turn around that fast. It helps that I love my job, although I'd like to do some more traveling and other activities that I can't do while working full time. I'm frankly worried about having to draw out funds as the market makes what we had worth much less.

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