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Old 07-02-2019, 09:57 AM
Status: "Re-edit status" (set 13 days ago)
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
4,136 posts, read 1,886,778 times
Reputation: 3159

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^ It can be. I imagine that most retirees' Income is Not well aligned with Market.
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Old 07-02-2019, 10:08 AM
 
71,470 posts, read 71,652,652 times
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Originally Posted by leastprime View Post
^ It can be. I imagine that most retirees' Income is Not well aligned with Market.
it is if it is in bonds , cash instruments , reits or equities ... your whole opening draw in retirement will be based on those values . while some may be more volatile then others they all still follow the same rules ...

only social security , pension , annuities and to some extent rental income are not included when stress testing the portfolio for it's contribution to the income pot.

what does not get stress tested using value is insurance type products with pension like income .. real estate is to localized to have any rules or back testing so it is kept outside of the traditional assets stress tested. you are basically on your own with real estate in that regard .

Last edited by mathjak107; 07-02-2019 at 10:26 AM..
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Old 07-02-2019, 06:52 PM
 
3,247 posts, read 844,077 times
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Originally Posted by leastprime View Post
^ It can be. I imagine that most retirees' Income is Not well aligned with Market.
Correct.

I'd at least imagine this would be the case for the ones who follow the "you should be largely OUT of 'the market' in retirement" advice.
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Old 07-02-2019, 10:07 PM
Status: "Re-edit status" (set 13 days ago)
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
4,136 posts, read 1,886,778 times
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#153^

Most retirees will retire with debt/mortgage, SS, and a paltry IRA. Plus a couple of years on Obamacare since they retired early and in not in great health. I imagine that their mostly SS retirement will Not be aligned to the Market.
Only advice I give is to myself. Too many factors and nuances to say anything elze. I encourage more disclosures for those who do offer "suggestions".
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Old 07-03-2019, 02:01 AM
 
71,470 posts, read 71,652,652 times
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Originally Posted by leastprime View Post
#153^

Most retirees will retire with debt/mortgage, SS, and a paltry IRA. Plus a couple of years on Obamacare since they retired early and in not in great health. I imagine that their mostly SS retirement will Not be aligned to the Market.
Only advice I give is to myself. Too many factors and nuances to say anything elze. I encourage more disclosures for those who do offer "suggestions".
most retirees have little money at any point in their lives so usually they are exempt from most financial discussions about investment strategy in retirement. so these discussions will never be about " most "
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Old 07-03-2019, 07:42 PM
 
29,764 posts, read 34,851,819 times
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Originally Posted by johngolf View Post
Well said. I have never touched my IRA's (except for RMD's) but I did set up some other accounts to draw from to supplement my SS. They are the same Mutual Funds (as I like what I have) but they are not designated as IRA's.

If the markets (bottom line of most Mutual Funds) mess themselves, I could easily cut back spending and ride it out.

Bye bye vacations, expensive restaurants, new car every 2-3 years, expensive scotch/golf balls, young lady friend, etc. It will be tough..........LOL
I plead with you to at all cost keep the young lady friend. Your evenings with her keep you rolling and lifestyle focused. Without that you wouldn’t be you!
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Old 07-04-2019, 10:03 AM
 
7,176 posts, read 8,625,644 times
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I never understand why posters get concerned with what others are going to do in their retirements. I mean, really who cares what someone on the Internet does? Each person is unique with their own set of needs & considerations.

The real question is what will YOU (OP) do to manage YOUR retirement expenses and your portfolio in whatever market you are contemplating? If you have a plan for yourself (and spouse) then you're all set and that's all you need to be concerned about. If you don't have a plan and don't know what to do then you need to get a plan so you can follow it, and that means talking to someone with expertise in estate planning or elderly planning.
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Old 07-04-2019, 10:58 AM
Status: "Re-edit status" (set 13 days ago)
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
4,136 posts, read 1,886,778 times
Reputation: 3159
^ Happy 4th of July. Reaffirm your Independence from all tyranny.
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