Originally Posted by Cactus
So, are you still going to retire after all this? You have to be able to aford to retire. You don't want to quit the government to go stand on your feet all day at Lowe's/Home Depot. I've known too many people doing that and it aint great.
Prior Proper Planning Promotes…what? Prosperity isn’t really the right word. Peace of mind? Doesn’t fit really, need a catchy one word synonym for survival that starts with P. Perpetuation? No nothing lasts forever, even those perpetual care contracts you buy at cemeteries. Prolongation? Perseverance? Presence? Not really happy with any of them but Presence will do. While it is one of the “legs” of the FERS three legged stool, my TSP is not really essential to presence. Maybe stool isn’t a good analogy?
Originally Posted by Tsunami
I've turned in my papers and am not looking back. 12/31/18 is my last day. I'm confident that there will be a nice year-end rally, a "wave B" in Elliott wave terms, and am hoping to get back in and catch that. Right now it's looking to me like the main reason for this selloff is fear over the election. So it should bottom on or before election day is my guess.
I am with you on the not looking back part. Not so confident about the end of year rally.
Thanks for the replies.
PO
I also have my papers in for a Dec 31 retirement!
Not looking back! 36 yrs of TSP will not be wiped out, and besides, I plan to stay invested over my LONG retirement!!
Plenty of time to get it back!
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