Message Font: Serif | Sans-Serif
No. of Recommendations: 2
Be carefull with your $1 Mil. in stocks! You don't have it until you sell the equities. You could lose a lot if and when the market goes south.

This is true. However, some of the Wisdom found on the previously referenced retire early links would include keeping 5 years of living expenses in cash/CDs/Bonds. Although a drop in the market could last longer than 5 years, it is prudent to expect that within 5 years the market would have returned to positive territory and one could return to the 4% withdrwal rate without devastating consequences.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.