i like that i heard on my o my tour around the country this year was people that were in bella's situation, but they had kind of a middle ground. They had another place where they might be able to bring in a stream of income during the early years. Didn't have to show up at the nine to five every day, but certainly on a random tuesday,. if they want to make a few dollars, they could go do it. For somebody that worries, having that access to an income stream is more reassuring than worrying about financial markets.
#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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