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I've thought about that question last month as I retired at the end of December. According to my plan, we have enough, with pensions and SS to last 35 years (that's just how far I projected). So I pondered about going all cash. Two things stop me from doing this. The first is we'd like to leave an inheritance to the kids, so they'd have a good start on their retirement. The second is, what if I was wrong on our needs?

There is only one way I know of to be 100% certain you'll have enough in retirement. It is to work until you die. The second best way, although not 100% certain, is to continue to invest, which gives you the opportunity to grow your retirement fund, giving you a better chance to beat inflation and meet your needs. Of the two choices, I pick the second.
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