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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: rushnomore who wrote (15398)1/17/2000 6:04:00 PM
From: John Stichnoth  Read Replies (4) of 54805
 
Re: RETIRING EARLY

Anyone who is considering retiring EARLY with anything less than Millions of dollars should give careful reconsideration, in my opinion. It takes lots of money to live a long and comfortable retirement, especially if you start that retirement young.

I would highly recommend a program such as Quicken Financial Planner (mentioned upstream), from which the user will quickly see (1) the true cost of retirement living, and (2) the high cost of inflation on your assets, especially in the face of a severe downturn in the market.

I am confident rushnomore had no intention of implying that he intended to live solely on the gains from a $600,000 nest egg. The market we have been experiencing simply cannot be relied on to last--even if we have entered into a "permanent" expansion of the PE multiples.

It frightens me to think that any casual reader of this thread would consider retiring based on the comments made here. Do your own analyses. Err on the side of caution. Retirement is too good to waste on the poor!

rushnomore, I know this doesn't fit you, since I read your profile. (unfortunately, SI non-subscribers cannot read your profile) Which is why I'm addressing you <g>.

Best,
JS
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