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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (184610)	2/18/2009 11:12:14 PM
From: TH	Respond to of 306849

Poet, <I got nervous three years ago and put half our retirement savings in a fixed income annuity earning 3%. We missed a lot of growth in 2006 (half was still in stocks.) Last year we were 2/3 in fixed income, 1/3 in stocks and broke even for the year. The annuity allows rebalancing only once a year and I threw the rest into fixed income in august. All this said, my husband's got only ten more years of work left in him as a carpenter working outside in cold NE winters and we're scared. The specter of hyperinflation as we enter retirement is not what we planned on. <big NG>> Then you did much better than most, and when the turn comes that extra capital you preserved will make all the difference on the rebound. Now when that rebound happens is an open question, but I'm thinking it might be three or four years out. Boomers enjoyed many advantages, but the end-game timing and the massive shift in demographics might not be as charmed as the first 80% of the ride. The company that sells those dolls is tapping into the next growth industry. I'm thinking voodoo <g> I wonder how long until we get a Blackhawk Ben and TurboTimmy doll? GT TH