My Smart Retirement

Let’s open up the mailbag and answer some of our listener’s questions about retirement, market volatility, and more. Wanda says, “With my 6 siblings I inherited a 70-acre farm. 4 of my siblings want to sell and the rest of us want to keep it. Is it worth trying to buy out the rest of the farm? Or should we argue until we get to keep it all?” We definitely don’t recommend arguing it out with your siblings. The four that want to sell it are in the majority so you’d probably lose out on that. We’ve seen too many family members fight during an estate settlement. If it’s possible to buy out the rest of the farm, that’s probably your best approach. Certainly, have a unified plan with your siblings that want to keep it. Marty has been out of the market for several years. He’s missed out on a lot of growth. Should he wait to jump back in if there is a market crash? There are no right answers in the market. We can’t predict whether there will be a crash or not. We suggest developing a long-term investment strategy. De