Think I’ll just take advantage of the fact that my job has no mandatory retirement age and just keep it until I’m a hundred. Seems like less work (anyway, I can’t envision a time when my spending needs are LESS than they are with my current income).
Im somewhat similar, unless I careen off the roof, ( somewhat higher than normal odds of that…ha) I should be employed here for some time…as long as I keep saving, and the rice and beans holds out, Im good.
Anyone have any experience with the “new” REIT’s?
Mostly for single family home rentals, which are in high demand nowadays.
They seem to be advertising heavily in So. Cal. perhaps aimed at people like myself, baby boomers.
sidenote: I checked out the Wellington and Wellesley funds at Vanguard and noted that just this week they had started two new (W and W named) ones with Internationals stocks etc thrown into the mix.
I’d worry about that. I’m not sure that housing in California is now a bubble, but I do know the comps for my house are totally ridiculous, and if prices fell 20% they would be in only the mildly ridiculous range.