Retire or keep working

Wharf Rat · 05-28-2025, 07:46 AM

I retired at 62 and have never regretted it.

It strikes me that your assumed rates of earnings / interest are way too high by a factor of 2 or 3. I’m not saying that you can’t find somebody who claims they can make that. But, it’s likely too risky to be prudent. For comparison, a 90 day Tbill gets a little over 4% and dividend stocks might pay 2% to 10% depending on risk.

When you are working, you have new money coming in every month to spend or invest. When you retire, you largely don’t and you need to protect your capital because there’s no way to make it back up. So, there’s a psychological change that’s necessary. What sounded like a hot but risky investment idea no longer makes sense.

Best of luck!

05-28-2025, 07:46 AM	#2
Wharf Rat I'll get up and fly away Join Date: Oct 2008 First Name: Bob Location: Florence, SC Posts: 797 Trading: (7)	Re: Retire or keep working I retired at 62 and have never regretted it. It strikes me that your assumed rates of earnings / interest are way too high by a factor of 2 or 3. I’m not saying that you can’t find somebody who claims they can make that. But, it’s likely too risky to be prudent. For comparison, a 90 day Tbill gets a little over 4% and dividend stocks might pay 2% to 10% depending on risk. When you are working, you have new money coming in every month to spend or invest. When you retire, you largely don’t and you need to protect your capital because there’s no way to make it back up. So, there’s a psychological change that’s necessary. What sounded like a hot but risky investment idea no longer makes sense. Best of luck!