The four questions we are going to answer today. Bella is so close to reaching fire and worried about her withdrawal rate if the stock market drops. Misha is making more money at her new job, but can't contribute for six months. Sam has been investing for several decades and thinks that he should stay invested in his portfolio despite the recent drop in value. Kira is a young investor with multiple goals who's wondering how to best save for a down payment without seeing that money eroded by inflation. And she's also wondering whether her investment choices should take on more risk, since time is on her side.
#399: Bella is SO CLOSE to reaching F.I.R.E and is worried about her withdrawal rate if the stock market drops. If the stock market does drop, can she withdraw as much as she had originally planned?
Sam has been investing for several decades and thinks that he should stay invested in his portfolio, despite the recent drop in value…but he is still wondering if there’s a chance that he should sell.
Meisha is making more money at her new job but can’t contribute to her 401(k) for the first six months - what should she do with her extra money in this interim??
Kyria is a young investor with multiple goals: she’s wondering how to best save for a downpayment without it being eroded by inflation and also whether her investment choices should take on more risk, since time is on her side.
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it here.
For more information, visit the show notes at https://affordanything.com/episode399
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