[Hog's Gone Fishin]

Originally Posted by Buehler445

There are some people here approaching retirement age, and maybe some here considering early retirement.

For those that are, how does this inflation affect your decision making.

I know some people that have retired in the last year or so. Some of them early. I'm not in position to pry into their personal business, so I thought I'd bring it up here.

If I was looking at retirement, especially fixed income retirement, I'd be shitting my pants. No chance I'd give up a paying gig, especially if it was a well paying gig in times like these. At least until it shakes out.

I remember my grandpa (who had plenty saved/invested he was good to go) like absolutely freaking out when he went into the rest home because he was worried about running out of money because he can't make anymore. Resonated a lot. I've also done some taxes of people trying to live on social security and I have no clue how they do it.

If I was considering retirement, I'd be terrified.

Am I missing something here?

This doesn't answer your question but I just want to throw in that the best thing a person can do ,and the earlier the better is to invest in real estate. Single family homes,duplexes, or even a small apartment complex. They'll provide income forever. When your at an age you don't want them , just sell them and finance them yourself. Then you continue to get a monthly check for 15-30 years more. Hassle free.