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Just got my monthly statement for our IRA's...

By: oldCADuser in FFFT3 | Recommend this post (0)
Thu, 02 Apr 20 12:06 AM | 28 view(s)
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Msg. 56869 of 65535
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For the month of March, we're down almost $89,000, after dropping over $35,000 in February. The good news is that we're still getting Social Security and THREE defined benefit pensions. Even at our historical monthly burn rate, which will now certainly drop some as we're not buying much gasoline or going out to eat, we should be able to go at least 13 months without having to sell any equities from any of our IRA's.

If the equity markets are still in as bad a shape as they are today, 13 months from now, we'll all have bigger worries than selling a few stocks at a loss.




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