01-01-2022, 05:19 PM
Inflation will settle down but it may do some damage first. Just a few years ago I convinced myself a 4% average annual return from my portfolio was quite sufficient if it had to be. 4% can obviously turn into 1% for years while inflation is cooking at 4-6% so that plan had to be adjusted before I dig a hole. I'll need to go back to more equity exposure but there will be a time and place for that soon enough.
When I started investing I didn't realize all these date choices to my pensions would be so important to me. And my near free medical insurance at age 60 is like gold. Remember when $200 would buy a decent enough health care plan?
When I started investing I didn't realize all these date choices to my pensions would be so important to me. And my near free medical insurance at age 60 is like gold. Remember when $200 would buy a decent enough health care plan?