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General Discussion Forum / Is retirement something any of us can realistically expect?
« on: May 20, 2022, 08:10:33 AM »
As of this writing, May 20th, 2022 at 8 AM I am down over 30% of my portfolio.
Now, the market fluctuates for sure, but lets be clear here. I am not a risky investor. My portfolio consists of the great american songbook of stocks.
VTI
VTSAX
QQQ
MSFT
AAPL
WMT
KO
are among the top of mind here. All are seen as safe options that would fund a lifestyle in retirement.....all have been hit heavily.
And to add insult to injury a non insignificant part of my compensation at work is tied into Restricted Stock Units I receive on a quarterly basis. My company, GOOG, is also down heavily thus lowering my income dramatically right now.
Add inflation on to this and honestly is retirement realistic to anybody anymore?
Lower income
Lower savings
Lower buying power
Am I missing something? Are the only people who can retire are those on a pension?
Now, the market fluctuates for sure, but lets be clear here. I am not a risky investor. My portfolio consists of the great american songbook of stocks.
VTI
VTSAX
QQQ
MSFT
AAPL
WMT
KO
are among the top of mind here. All are seen as safe options that would fund a lifestyle in retirement.....all have been hit heavily.
And to add insult to injury a non insignificant part of my compensation at work is tied into Restricted Stock Units I receive on a quarterly basis. My company, GOOG, is also down heavily thus lowering my income dramatically right now.
Add inflation on to this and honestly is retirement realistic to anybody anymore?
Lower income
Lower savings
Lower buying power
Am I missing something? Are the only people who can retire are those on a pension?