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I would be interested to hear how other retirees have navigated this stormy market and what their results has been. And, better yet, what their ideas are for the future months.


It appears our lifeboat is having more & more people getting into it. DH & I are in the same situation. We've done a few here goes:

1.) Traded in 2 fairly new cars & have gone to 1

2.) Have our new, expensive house for sale (sniff sniff)

3.) DH is finally receiving all his routine medical & Rx's from the VA

4.) I have a p/t job paying 400.00/mo

5.) Opened an ING acct...but now switching to another bank that has
3.5% interest rate.

6. Bought US Savings Bonds last fall (iBonds).

7. Seriously considering taking all money from currently owned stocks
and making investments in CD, Savings accts. until this daily
plunge in stock prices abates.

8.) We shop Sams Club & Winn-Dixie, buy & cook in bulk, have a definite
budget & we stick to it....I could go on & on.

Putting it mildly, we're worried. DH has been retired for over 6 years, and we're only 57 years old. SS & Medicare are a long way off. We've allowed a Financial Consultant to handle our affairs since retirement, but his lack of doing ANYTHING has seen our portfolio drop 50% in the last 18 months. We simply can't go any lower....and also believe with conservative investments for the next few years ..ones we decide on, we can't do any worse.

It's now time to step up to the plate and PRESERVE what we have rather than worry about growth.

All of this is JMHO...and you get what you paid for it.


ps...I evan have a new email acct that is
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