My Smart Retirement

Have you ever said something you’ve come to regret? There are a lot of statements about retirement we may make and look back on with second thoughts. Let’s take a look at some of these statements today and discuss some better ways to think about these topics.  “I said I would get out of the market if I recovered my losses. But now that I have, I think I will continue doing what I’m doing.” A lot of people probably told themselves they’d get out of the market if they ever recovered what they lost in 2008. Now that the money they’ve lost has been recovered they may have second thoughts on this approach.  When it comes to the market, people tend to have short memories. In 2000, a lot of people took this approach. They regained their lost money, but then 2008 hit. We don’t know when the market will dip again. We must act in a disciplined manner.  “Pigs get fed and hogs get slaughtered.” When it comes to our decision to pull out of the market. Look at your accounts and ask yourself whether the money you have will