by Jonathan Clements
In a sense, a bear market creates a financial cushion. If you can look at your beaten-up portfolio and remain confident that you have enough to retire, maybe you are indeed in good enough financial shape.
Of course, you might get a little impatient waiting for the next bear market to arrive. Want to retire today? Before you tell the boss, take your stock portfolio's value and mentally lop off 30%. Still feel you have enough money socked away? That's probably a good sign.
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CreateWealth8888:
That is probably close to my thinking of building a stock portfolio by discounting 30% as part of retirement fund.
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