Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Walt said:
There are dividends, which is money you get before selling.

And there are tricks one can use to get money without selling. Buy, borrow, die strategy allows you to borrow on what you own(which is not a taxable profit), payback the borrowed money(which is a tax deduction loss), and hold everything until you die(when the capital gain asset values will be reset to the current value). If done correctly, you can have plenty of spending money, and never pay a penny of taxes.


Usually, you want to try to live off someplace between 2% and 4% of your earning assets. Dividends are in the 1% to 2% lately, but would probably go up if there was a stock market crash. So you will be selling a few percent of your stocks a year to makeup the shortfall.

When you reallocate the stocks and bonds mix, you would also either buy or sell stocks. The cool part about that is you will tend to sell stocks when they are too high, and buy stocks when they are too low. While on average you might lose somewhere between 1% and 2% yield due to keeping 10% in bonds, you will add between 2% and 3% average yield by selling high, and buying low. The 10% bonds actually means you make no just more stable returns, but also better returns.


You might be forced to sell some of the stocks when everyone else is selling, but not much. You are selling on average one or two percent a year, but when the stock market is down, you are most likely selling bonds and buying stocks. You are taking your living expenses out of the bonds part of the portfolio.

If possible, you want to reduce your living expenses during the down times. That is often easier said than done. But this strategy should carry you through even if you cannot reduce your living expenses much.


Timing the market is hard, and I do not want to even try with most of my retirement funds. So I am forced to just ride the market down and then up like a roller coaster.

I did take a tiny bit out (5%) and try to predict/time the market. That has already made me enough profits to more than replenish the 5% and makeup for the market losses. I am ahead of where I wanted to be.
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for the most part, people count on selling their stock to cash out their value.
 
BartenderElite said:
That's the counter? The prosperity under Clinton, the longest peacetime recovery under Obama, 16 million jobs added under Biden - all fraudulent? And the crashes under Bush and Trump were also fraudulent I assume?

LOL

Not even a nice try. Historically, there is zero argument - zero. Republicans crash economies. Democrats rebuild them & things are better for Americans under Dems.
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our whole economy is a fascist totalitarian lie, yes.
 
Cypress said:
You and your Messiah never said anything about starting a global trade war against our allies, crashing the stock market, and making inflation worse prior to the election on November 5.
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This is exactly what we voted for. Sometimes the medicine has a bad taste. Suck it up buttercup,
 
What MAGA morons don't understand is that, for many Americans thanks to Trump, there is less to withdraw.

Young people can wait ten years to ride out the storm as I did with Bush's Great Recession, but retired Americans don't have the luxury of time.
 
ULTRA MAGA said:
This is exactly what we voted for. Sometimes the medicine has a bad taste. Suck it up buttercup,
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You have a sociopath's level of empathy. This is why I think someone close to you will put you out of your misery since, if I can see it, they most certainly can see it.
 
Stone said:
Even sooner if you would REALLY apply yourself and get your ass to work.
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Yeah, blame me for your lord and savior fucking things up. Also, no one works harder than I do.
Stone said:
Nose to the grind stone and keep pushing. That is my advice to you.
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I would take your advice if you weren't backing the most fucked-up human in American history. I'd ask you to face reality, but I know you could never handle the pain.
 
Dutch Uncle said:
What MAGA morons don't understand is that, for many Americans thanks to Trump, there is less to withdraw.

Young people can wait ten years to ride out the storm as I did with Bush's Great Recession, but retired Americans don't have the luxury of time.
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retired Americans sent the future away for their own greed.
 
LurchAddams said:
Always knew you were a slobbering, toothless, redneck racist.
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My advice is to buy a pistol, become proficient with it and legally carry it. When a slobbering, toothless, redneck racist in a MAGA hat attacks you, stand your ground and empty the magazine into their guts.

State laws vary, but if they physically assault you in Texas, you have a right to defend yourself.

9pxghm.jpg
 
Dutch Uncle said:
My advice is to buy a pistol, become proficient with it and legally carry it. When a slobbering, toothless, redneck racist in a MAGA hat attacks you, stand your ground and empty the magazine into their guts.

State laws vary, but if they physically assault you in Texas, you have a right to defend yourself.

9pxghm.jpg
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is this inciting violence?
 
BartenderElite said:
That's the counter? The prosperity under Clinton, the longest peacetime recovery under Obama, 16 million jobs added under Biden - all fraudulent? And the crashes under Bush and Trump were also fraudulent I assume?

LOL

Not even a nice try. Historically, there is zero argument - zero. Republicans crash economies. Democrats rebuild them & things are better for Americans under Dems.
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Here give them this to read.
They won't but you can present them with real facts.

Does the economy do better under a Demacrat or Republican President - Yahoo Search Results

search.yahoo.com search.yahoo.com
YES it is a FACT that the economy does better under Dems then Republicans and has for years.
 
LurchAddams said:
Yeah, blame me for your lord and savior fucking things up. Also, no one works harder than I do.

I would take your advice if you weren't backing the most fucked-up human in American history. I'd ask you to face reality, but I know you could never handle the pain.
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My advice is sound,....you should follow it. I'll have you straightened out in no time kid!.... :laugh:
 
And now Trump voters are saying they were duped.
IMO that is BS they were told what was going to happen they got what they wanted now it is biting them in the ass, well too bad.
 
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