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yes it has. kids are covered until 26 now. they can be married and still stay on the parents policy. family rates shot up brutaly to compensate jan 1 2011.
i use emblem health/hip/ghi.....
Its covered in all states? Obamacare is cheaper then what it was before.
you need to research the answer to that question, i can not keep repeating myself. if you plan right you wont be all in stock anywhere near retirement.. if you plan right you have many many many years of witdrawls already in safe money. the markets crashing for a few years are a non event if you plan right.
read ray lucias book ready set retire and all your questions will be answered as well as the mechanics of what to do.
you saw how fast they found money to fund a bailout and qe2.. something as crucial to the culture and structure of america as the ss system will never be allowed to fail and i feel you can take that to the bank.
i explained that many times to you. the fact is this is exactly why im saying you dont understand alot about retirement planning and really need to seek help and an education on it before you put these silly thoughts in your head.
heres the reason in a nutshell. if your planning on pulling 2.5 to 4% inflation adjusted out of your nest egg you cant do it without equities. you will be broke in only 20 years.
for more info i suggest googling the trinity study or firecalc
Why would my portofolio be in equities when I am close to retirement? Do I want to risk my portfolio when I don't have time to recover if the market goes down? I am not talking about withdrawing money.
I will just adjust my portfolio to ,much less prone to Stocks in retirement though. I see what you mean now.
okay,for the last time ill explain what i did. listen very carefully because i dont want you to ask the same questions over and over.
about 5 years before i thought i might even retire i started to reconfigure my growth portfolio from the 80-90% stock that it was into a portfolio eventually geared for spending down and lasting a life time for myself and my spouse.
i put 7 years of what i wanted to withdraw and put it in safe money, cd's,money markets,the bank,
i put another 7 years worth of withdrawls in bonds,bond funds,un-traded income reits.
that gives me 15 years before i have to worry about selling any equities at a loss so all the rest of my long term money goes into equity funds to grow and provide inflation protection. even at 62 i have money i wont use to eat with for 30 years.
after 15 years some of those equities will be sold and buckets 1 and 2 refilled. or i can refill them as i spend them down whenever markets are up.
i did this five years ago, i decided to not retire for another 2 to 3 years but the portfolio still sits and grows.
if the markets crash who cares.. my plans are un-touched. im sure 15 years from now markets will be way higher. the cycles of the market leave us un-scathed for 15 years out. just look at all the crap we have been through and 15 years ago i think we were at 5-6000
this is what i mean when i say you need an education and a plan for spending down a few years before retirement. without equities i would be broke all to soon. they are key to keeping your portfolio alive .
i dont know how old you are but if your more than 5 years out then you have time to learn but if not you better get educated on this stuff or get someone who can help you.
Last edited by mathjak107; 07-05-2011 at 03:32 PM..
Thats a good plan, thanks. I have not done much research on what I will do after retirement.
Quote:
Originally Posted by mathjak107
okay,for the last
time ill explain what i did. listen very carefully because i dont want you to ask the same questions over and over.
about 5 years before i thought i might even retire i started to reconfigure my growth portfolio from the 80-90% stock that it was into a portfolio eventually geared for spending down and lasting a life time for myself and my spouse.
i put 7 years of what i wanted to withdraw and put it in safe money, cd's,money markets,the bank,
i put another 7 years worth of withdrawls in bonds,bond funds,un-traded income reits.
that gives me 15 years before i have to worry about selling any equities at a loss so all the rest of my long term money goes into equity funds to grow and provide inflation protection. even at 62 i have money i wont use to eat with for 30 years.
after 15 years some of those equities will be sold and buckets 1 and 2 refilled. or i can refill them as i spend them down whenever markets are up.
i did this five years ago, i decided to not retire for another 2 to 3 years but the portfolio still sits and grows.
if the markets crash who cares.. my plans are un-touched. im sure 15 years from now markets will be way higher. the cycles of the market leave us un-scathed for 15 years out. just look at all the crap we have been through and 15 years ago i think we were at 5-6000
this is what i mean when i say you need an education and a plan for spending down a few years before retirement. without equities i would be broke all to soon. they are key to keeping your portfolio alive .
i dont know how old you are but if your more than 5 years out then you have time to learn but if not you better get educated on this stuff or get someone who can help you.
What if they retired in March of 2009? They did get wiped out with the 2008 crash if they stayed in Stocks.
Only if they sold at the bottom like you advise, otherwise they would gained most of it back already.
We've covered this already.
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