No. of Recommendations: 0
I had created a portfolio under Yahoo finance and that may have been a mistake. By 3pm it gives a summary of changes for the day. It is nice on good days and can be distressing on bad days.

My husband is finding his job increasing stressful. An approximate date and a specific goal has been set for him to retire. The goal is reachable, but I find the concept of relying on investments for the rest of our lives unsettling.

First things first: Create a reasonably diversified portfolio (an index fund would do in a pinch), and then look at it maybe at the end of each quarter. If you spend your life watching the ups and downs of the market, you'll have many bad and distressing days. Enjoy life. Let the market do its thing over time. Second thing: The alternative to living off of investment income is to keep working until you die. I doubt your husband would find that to be an enjoyable way to spend his out years, so you best learn to live with the concept of relying on investments. If you don't understand investments, you should learn about them, since they are going to make up an important part of your life. I'm a buy and hold investor. I have a reasonable mix of mutual funds with Vanguard, and I leave the rest of the driving to them. For me, investing is on autopilot, as it should be. I check things out from time to time, but I don't worry about them. A well balanced portfolio will do as well as 80% or more of the rest of the investing world, and that's good enough for me. There will be ups and downs, and there's nothing I can do about it, so I don't bother worry about it.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
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.