Read? Retirement Income For Life Planning Model
Read? Long only investors. The Truth of your strategy.
I think you must be smiling like me when you see straight line extrapolation excel files with X% constant compound returns year after year - unrealistic goal setting and/or delusional planning?
Did SMOL smile again today?
Uncle8888 is not planning to depend on the volatile market to fight against future inflation and to provide bulk of the cash flow for living and lifestyle expenses from his passive income investing strategy.
No!
Do you know why SMOL and Uncle8888 smile when we see straight line extrapolation excel files with X% constant compound returns year after year - unrealistic goal setting and/or delusional planning?
Uncle8888 is planning to do this for his Retirement Income For Life strategy.
Can we really depend on volatility of the stock market for our survival without having many sleepless nights?
Posts
ReplyDeleteTio ToTo $3M oso no need to invest. Just keep in the bank and draw-down. Still got some leftovers to place on top of coffin's cover. LOL!
CW,
ReplyDeleteI finally reached home after an easy day of work.
Of course I smiled!
Smile even broader than last time.
You have benefited more from your mind-flip during 2008/9 more than what you have "planned" when you first started your goal based strategy of financial freedom ;)
Since temperament started with the fruit analogy at my blog, I'll continue with it here.
Unless we have tasted mangoes ourselves, no matter how eloquent others describe it to us in words, its just not the same....
The best market timing for me is to left with my last dollar on the day I died ;)
How's that for unabashedly grasshopper lifestyle?
LOL!