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A comment on How much should I think of saving every month as a 29 year old?. Parent comment

Re:How much should I think of saving every month as a 29 yea... by Izkata on Thursday April 25, 2019 @10:30PM (#19754360)
Those numbers seem to assume none of it is invested...

You can get, averaged over several years, something like $50k/year from that.

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Re:How much should I think of saving every month as a 29 yea... by temp99990 on Thursday April 25, 2019 @10:32PM (#19754370)
And if the market crashes when you are retired? What are you supposed to do?

I don’t think it’s sound advice to keep your retirement in stocks when you’re actually in retirement...

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Re:How much should I think of saving every month as a 29 yea... by richardw on Thursday April 25, 2019 @11:01PM (#19754489)
You only need to keep "crash /recovery" money around, which is a risk because you don't know how long that is. 5? 10?

But you also don't know how long you'll live for, so to have your money doing nothing for 20/(30?!) years could hurt. My wife's grandmother is 99. That's a long time in low-growth near-cash.

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