rjm1cc. Good plan. My biggest concern also is inflation. Our idiots running things have printed so much money in the last 3 years that it will have to have a devaluation impact at some point in the next 5 years. You may be safe with 4% if you are considering a 25 plus year window, but for the next 5 years you need to look at 15% to 20%. And even that will not cover what they must print just to cover interest on what they have spent. I guess the only up side for us who are retired, downside for everyone else, is that this will also drive unemployment and interest rates much higher then today and we will be able to hire cheap labor and hopefully we will not be borrowing more money.
It really saddens me that we have forced our children and grandchildren into a position of a lower standard of living for the future. It is criminal what has happened.
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Life is to short to drink cheap wine.
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