Building up Cash Before Retirement

[TMSRetired]

Originally Posted by mathjak107

I think like most of us do , how much cash you hold will seek its own level as you go through retirement…

We enter retirement with fears and the unknown once the safety net of no pay checks hits reality ..

Those with pensions never had the pay checks stop to some extent so they may not face the same situation as those creating their own pensionized incomes from their own savings and depend on markets and rates for the most part.

I'm in that boat. I have pension/ss and do not depend on my investments to generate income.

[Hemlock140]

Originally Posted by 1200RT

Well done! Not to derail thread, but I hope you're working on a plan to offset cap gains!

Thanks, yes, we are already working with a financial consultant on that.