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#21 | |
Registered Users-pm+
Join Date: Jan 20 2012
Location: Baytown
Posts: 923
Rep Power: 21479045 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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I'm still young enough to not be bothered by a bit of risk. My Roth has tracked over 11% for the 1 year, 5 year and lifetime periods. 1 year is WAY up. My 401k isn't doing quite as well but it's still >10% over the long run. |
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#22 | |
It ain't easy bein me.........
Join Date: Jan 24 2008
Location: BarX
Age: 60
Posts: 13,508
Rep Power: 21493087 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Quote:
Yeah, the advisor was telling me they had guaranteed funds I might want to look at. Guessing I'll have to wait until I hit 59 1/2. I just went into a 2020 retirement fund. Conservative but should outperform the stable fund I've been in. Little more risky but I'm not planning on tapping into the acct much for awhile anyway. I am retiring soon so I don't feel comfortable with too much risk at this point.... |
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#23 | |
Unorthodox Millenial
Join Date: Apr 22 2012
Location: Beaumont
Age: 32
Posts: 8,148
Rep Power: 21486177 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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#24 |
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Join Date: Jan 20 2012
Location: Baytown
Posts: 923
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#25 | |
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Join Date: Sep 24 2017
Posts: 293
Rep Power: 5054718 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Quote:
In 2000 to 2003 the S&P returns were: -10%, -13%, and -23%. In 2008 the return was -39%. So lets say you had fully retired in 2000 and all your money was invested in stocks and you were withdrawing from your nest egg for income. The combined market loss your first three years of retirement would have been -46%. Recovering from that would be close to impossible. That is why it is often stated that the most important years of your retirement is the five years before you retire and the five years after you retire. If you are fully invested and you are unlucky with your timing, then recovering can be very difficult. So to answer your question - assuming an 8-12% return throughout your retirement would require you to be fully invested in stocks with all your money while hoping you did not get unlucky and retire during a stretch that the market was not doing well. Your return, for example, if you were fully invested and retired in 1999 to now would have been approximately 4-5%. IMO projecting a 4-5% assumed return on my retirement nest egg makes sense. |
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#26 | |
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Join Date: Jun 19 2010
Posts: 15,030
Rep Power: 21493732 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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I heard that too when I was driving from work. I thought to myself 10% every year! How one can do that? They don't get 100,000, 20% tax plus 10% early withdrawing penalty. He shot from the hip to me. |
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#27 | |
Registered Users-pm+
Join Date: Jan 20 2012
Location: Baytown
Posts: 923
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There’s no penalty. They are both 59 and retiring in a year or more. Sent from my iPhone using Tapatalk |
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#28 |
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Join Date: Sep 24 2017
Posts: 293
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man you are living in another world - by your own admission inflation was NEVER mentioned - forget taxes or penalties - they go broke in ten or so years because Dave forgot to tell them how inflation will eat them up based on his advice
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#29 | |
Registered Users-pm+
Join Date: Jan 20 2012
Location: Baytown
Posts: 923
Rep Power: 21479045 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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Calm down. I was only responding to Bully saying they would get the 10% early withdrawal penalty. Sent from my iPhone using Tapatalk |
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#30 |
Registered Users-pm+
Join Date: Jun 19 2010
Posts: 15,030
Rep Power: 21493732 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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