jsasker007
5 year old buck +
That's right. It was just around $120 a couple of weeks ago.
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Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
bigboreblr
5 year old buck +
AI itself can still be good. Just got to think of the next thing that might be down the pike in a few years and put some chips on it.
Thinking maybe Telsa or Hyundai (Boston dynamics 80%) might be the one building these robots that will be replacing everybody. Self driving cars could be either of the two above. Better connectivity, Tesla is up in that game. Who making all this power for this junk? I'm sure GE is gonna have a piece of the pie. Mom is retired and needs a roof. She thinks her 6 shares from 1978 ain't worth the paper they're on. Guessing she has 120 grand rotting in a little rusty metal cash box. Between splits and the company breaking into pieces a few years back.
Amazon has its fingers in a lot of things. Also, Amazon has been profiting from AI for awhile now too, not just building and creating. Seems they're into making nuclear power too.
I am buying more Amazon. I think Mr. Musk is gonna want to buy some stock back at some point. Wait till he says something the blue coats don't like, and the stock will be in a nice for no reason dip.
QQQ worth throwing spare change into? Or might be going into a prom queen scandal? The future ain't disappearing. It's just going to sell for cheap for awhile. Looking for folks who got several pieces of the AI pie and also are spread out across the world and not so USA centered just in case the dollar don't look so hot.
More talk about bonds and fed interest rates again? Been watching the TLT like a pulse for activity.
b116757
5 year old buck +
Kansas
Howboutthemdawgs
5 year old buck +
I thought they were going to put an end to this bs?
Meet the new boss…same as the old boss
Meet the new boss…same as the old boss
Tangler
5 year old buck +
Pretty good advice. What has worked well for me (might work for others)
1. Buy the world by buying two index funds / ETFs: VTSAX = VTI & VXUS.
2. Hold enough cash to deal with emergency needs (while working, 3-6 months expenses) in a money market fund.
3. In “retirement” have a plan for SORR (sequence of returns risk). Example, bucket strategy. For me this is a cash bucket of 3-8 years living expenses.
4. Turn off the news = meaningless noise.
# 4. is important. Nobody knows the future. People are always predicting a s-show. Generally life goes on, people adapt and in general it pays to be an optimist (70-100% stocks in diversified low cost index funds (ETFs) (VTI & VXUS)
Brian662
5 year old buck +
Average 401(k) Balance in Your 60s for 2026: How Do You Compare https://share.google/PEsIQxoofQOg1oC2Q
According to a survey by Western & Southern Financial Group, 47% of Baby Boomers (who make up the majority of those in their 60s, as the oldest members of Generation X turn 60 in 2025) are not confident in their ability to retire comfortably. Another 11% of Baby Boomers are unsure whether they'll be able to retire comfortably.
The same survey clearly identified why: Baby boomers believe they need an average of $760,000 saved to retire comfortably. Gen X expects to need even more: $1.18 million.
2
Average and median 401(k) savings for those in their 60s are far below these amounts.
1
However, how much you need to retire depends on a variety of factors, particularly your lifestyle and your health. Rather than looking solely at averages, it’s helpful to look at your personal situation to determine how much you need to save.
One retirement savings rule suggests having eight times your preretirement annual income saved by age 60.
3
So if you make $75,000 per year, you would need $600,000 saved by age 60.
Another calculation is based on the 4% rule, which suggests that retirees withdraw 4% of their 401(k) in their first year of retirement, then adjust this for inflation in each following year.
4
Following this rule would mean you need to have 25 times your annual expenses saved. So if you expect to spend $36,000 a year in retirement, you will need to have $900,000 saved.
According to a survey by Western & Southern Financial Group, 47% of Baby Boomers (who make up the majority of those in their 60s, as the oldest members of Generation X turn 60 in 2025) are not confident in their ability to retire comfortably. Another 11% of Baby Boomers are unsure whether they'll be able to retire comfortably.
The same survey clearly identified why: Baby boomers believe they need an average of $760,000 saved to retire comfortably. Gen X expects to need even more: $1.18 million.
2
Average and median 401(k) savings for those in their 60s are far below these amounts.
1
However, how much you need to retire depends on a variety of factors, particularly your lifestyle and your health. Rather than looking solely at averages, it’s helpful to look at your personal situation to determine how much you need to save.
One retirement savings rule suggests having eight times your preretirement annual income saved by age 60.
3
So if you make $75,000 per year, you would need $600,000 saved by age 60.
Another calculation is based on the 4% rule, which suggests that retirees withdraw 4% of their 401(k) in their first year of retirement, then adjust this for inflation in each following year.
4
Following this rule would mean you need to have 25 times your annual expenses saved. So if you expect to spend $36,000 a year in retirement, you will need to have $900,000 saved.
bigboreblr
5 year old buck +
Been watching volatility and the 20 year tlt.
Not huge but tlt going over 90 this week maybe.
Fed rate speculation? Safe haven? Opportunity?
Tempted on palanitir sky high p/e though.
Not huge but tlt going over 90 this week maybe.
Fed rate speculation? Safe haven? Opportunity?
Tempted on palanitir sky high p/e though.
I will never retire if I want to have everything I want to have. So we have scaled it back as follows. Sell our current home, our property where my mother lives, and our 92 acre micro farm, and we will retire with a place in the mountains and a place on the bay (or close to it) in the gulf and be very comfortable. The 401K and personal investments will be backup funds and used for the trips we would like to take that we never did.
All that said, I could get it by a bus tomorrow...
All that said, I could get it by a bus tomorrow...
SD51555
5 year old buck +
I don’t think the advisors want to break the reality of inflation to their customers. The “listen, you ain’t gonna make it” conversation isn’t good for business.
Sent from my iPhone using Tapatalk
I think a LOT of people whistle past the graveyard for the simple fact that they have no idea what they will spend or ARE spending.
bigboreblr
5 year old buck +
Not saying that 500 or 600k for folks in their 60's and 50's isn't great. But, what the media spews out sounded worse.
The big mystery is medical expenses.
The big mystery is medical expenses.
Most articles I read say around $200K per retiree for out of pocket medical expenses
bwoods11
5 year old buck +
I bought a life insurance/long term care rider policy. You can withdraw 4% of the face value for long term care costs.
The advantage, not as expensive, they cannot raise the premiums on you … & you will use it one way or another .
Telemark
5 year old buck +
No idea. It's part of our national medical care in Norway. I would probably prefer to live on a cruise ship rather than in a nursing home. The cost is about the same, and there are doctors on the ship. Never been in a nursing home I thought was nice. But a year-long all-inclusive cruise around the Caribbean seems like a better way to live until I have to go into hospice care. The staff on cruise ships are more attentive than most nursing home staff.
I would just do that math and see if it's something that is likely to save you money. I assume you could pay out of an HSA for nursing home care. Part of it should be covered by Medicare.
My BIL's father turned over all his assets to the state, and then the state paid for his care. I think Ohio looked into his finances back 5 years to see if he had given away money during that period. You would have to do some fancy accounting with a trust in order to go that route, but you could do it.
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