4 questions for retirees

Is the recent drawdown in stocks affecting your day to day living spending?

There was a drawdown in stocks? I hadn’t noticed. Haven’t checked my portfolio in a couple of months.

Anybody second guessing their retirement investing strategy/risk tolerance?

No. Because I hadn’t noticed any significant change in stocks. Maybe I should look at them. Probably won’t, though.

Are you planning on making any significant changes or just keeping course?

Seeing as I just found out about this horrible turn of events, I haven’t had time to make any plans. Then again, I don’t see anything ahead that I hadn’t planned for already. [looks at a stock index chart] You mean the drop over the last couple of months?? Stocks dropping 10% - 20% over the course of a few months is such a common occurrence that it’s part of planning from the outset. This isn’t unusual. It’s like taking a ship through the North Atlantic and seeing an iceberg. Where you’re going, there are going to be icebergs. It’s part of your planning from the get-go.

How is your mental health…?

Could be better. Still dealing with the passing of my wife. That sucks, big time. Sucks way more than a few wiggles downward in a stock chart.

–Peter

30 Likes