Re: Tsunami's Account Talk
That's what I see-huge drawdown once boomers start spending their 401Ks and TSPs. I'm hoping it hits bottom about the time I'm thinking about retiring (since I'm a tailend boomer) so I can spend down a little bit for a couple years, and then the market takes off and grows as I'm withdrawing something less than the growth rate.
I'm saving as hard as I can at the moment-just got to the place where I for first time ever could start throwing 15% in the TSP hat this spring-with enough cash in the bank for roof replacement and emergency savings for several months.
Once I get done with the roof, I'll be putting the max allowed into TSP-finally-wouldn't it be ironic to finally hit peak savings ability and get laid off? On second thought, maybe I'll build that emergency stash a little higher first.
"life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
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