@Nick M -- With you. 63 and 10 months, so I'm already 2 years into my 8. Laid off at 63 and 2 months. Whatever I work at over the next 6 years, I plan to draw down savings and apply for SS at 70. This math is fine so long as benefits aren't ever cut and/or means tested.
Need to acquaint myself with Brooks' Business Adventures but, until then, I unreservedly endorse his Go-Go Years. (Without mentioning him), it recounts the market that a young Mike Bloomberg (and a host of other, now aging characters) came of age in. Xerox, Polaroid and anything with "Data" in its name. https://www.amazon.com/Go-Go-Years-Crashing-Streets-Bullish/dp/0471357545
"No one ever went broke taking a profit." -- Philip Schneck (My late maternal grandfather, sometime in the 1980s. Definitely was investing during the Great Depression, when he was a dress salesman, and was able to retire young in the 1960s. I wish I knew if he also bought on the way up in the 1920s -- I only know that he was younger, and so would have had less capital to commit.)
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@Nick M -- With you. 63 and 10 months, so I'm already 2 years into my 8. Laid off at 63 and 2 months. Whatever I work at over the next 6 years, I plan to draw down savings and apply for SS at 70. This math is fine so long as benefits aren't ever cut and/or means tested.
Post: Why Retire at 65?
Link to comment from October 9, 2021
Need to acquaint myself with Brooks' Business Adventures but, until then, I unreservedly endorse his Go-Go Years. (Without mentioning him), it recounts the market that a young Mike Bloomberg (and a host of other, now aging characters) came of age in. Xerox, Polaroid and anything with "Data" in its name. https://www.amazon.com/Go-Go-Years-Crashing-Streets-Bullish/dp/0471357545
Post: Betting the House
Link to comment from October 9, 2021
"No one ever went broke taking a profit." -- Philip Schneck (My late maternal grandfather, sometime in the 1980s. Definitely was investing during the Great Depression, when he was a dress salesman, and was able to retire young in the 1960s. I wish I knew if he also bought on the way up in the 1920s -- I only know that he was younger, and so would have had less capital to commit.)
Post: What’s your favorite financial quote?
Link to comment from October 9, 2021