Quote:
Originally Posted by TLeenhouts
I retired in 2006. In 2008 my broker told me everything was hunky Dory. I told him that he worked for me and it was my money, not his. He got a commission whether I won or lost. I took all my money and put in CDs when I found an honest banker who said that I had enough that I didn't need to take a risk. This is my 14th year of retirement and I still have almost all of the money I had then, even though I've been living on it. Oh, yeah, retire to Myrtle Beach. The cost of living is one third of where we lived before and the weather is better.
I only watch the price of oil because I still have to buy gas. Can't go anywhere in the motorhome for a while, though. Boo Hoo.
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We have a similar story. We both retired almost two years ago and despite taking out weekly amounts (we have decreased that amount twice already) we have more (even with the ups and downs the past few weeks) than we have when we started. I had also taken out a large amount for a down payment when I traded in my old RV and upgraded to a 2019 Class A. Even with all those withdrawals, thanks to the current economy due to our President, our retirement is still growing and much, much larger than when we retired.