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Strategies & Market Trends : Young and Older Folk Portfolio

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To: chowder who wrote (7796)	8/9/2024 6:04:07 PM
From: Max2.0	Read Replies (2) of 22070

Another point is that SoCalGirl is looking to relocate to a lower cost of living area. So there is that. The other point is that she has a $2.3M portfolio which is more than most people her age has. One mindset we can hold is to burn a little of that to get over the next few years when expenses are lower. If we go down to say $2.1M and gain an extra $30K of SS in a few years plus have a cost of living that is maybe 70% of SOCAL living expenses, would that be a reasonable fallback strategy? The other obvious alternative is to continue working to age 62 or 67.

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