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ProudMNDemocrat

(20,533 posts)

20. We are in a similar situation. But...

Sat Jan 11, 2025, 10:35 PM

Jan 2025

My husband has 3 retirement pensions, plus our Social Security.
IBM retirement after 30 years.
Military Retirement based on 22 years and rank of an E-6(4 years with the USAF), (1.5 years with the MN Army Nat. Guard, 16.5 years with the MN Air Nat. Guard) retiring in Dec. 1999.
10 years with a Local Manufacturing company in Rochester with a UAW Union representation.
The money we have from the sale of our house.

With the required withdrawals from the investments, we are comfortable. I start taking out from my IRA in June after I turn 73. So it continues to grow. His investments continue to grow as well.

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I called my financial advisor yesterday. [View all] no_hypocrisy Jan 2025 OP

I'm in the midst of the same analysis PJMcK Jan 2025 #1

Thank you. I'm interested in your thoughts. no_hypocrisy Jan 2025 #2

I'm worried too. dem4decades Jan 2025 #3

i just moved around a bunch Arger68 Jan 2025 #4

In general, Trump's tariffs would be inflationary and increase interest rates. surfered Jan 2025 #5

I am looking at moving some holdings.... lastlib Jan 2025 #8

"tariffs inflationary and increase interest rates" ... Until they don't Bernardo de La Paz Jan 2025 #11

Agree. When we see deflationary pressure, I will begin going to longer maturities surfered Jan 2025 #15

Unless trump can convince his wealthy backers that the USA will be much better off in 4 years with tariffs bringing Silent Type Jan 2025 #6

Yep, I've been telling people to miss this upside ... it aint going to be big enough to chase and better to sit in bonds uponit7771 Jan 2025 #7

I have 3 stocks I'm in and the rest in short term treasuries. 58Sunliner Jan 2025 #9

Yesterday WmChris Jan 2025 #10

Bookmarking because I can barely make sense out of any of this stuff and must move from almost all money market to mahina Jan 2025 #12

Get a reliable financial advisor. no_hypocrisy Jan 2025 #13

Thank you. That has proved very difficult. mahina Jan 2025 #14

You're pretty safe investing in an S&P index fund flamingdem Jan 2025 #17

I think this is good advise Unwind Your Mind Jan 2025 #18

I'm curious to see whether a broader move to private equity will occur, and the impact on public markets lostnfound Jan 2025 #22

Private equity for the public is like leaving a steak on a counter for a month Bernardo de La Paz Jan 2025 #23

True. And then they get the repubs to bail them out flamingdem Jan 2025 #27

My fear is we won't be allowed to avoid it. Most 401k holders... lostnfound Jan 2025 #34

Many private equity ventures don't return money to the investor flamingdem Jan 2025 #25

I'm back to 60% equities / 40% bonds Shermann Jan 2025 #16

I've been watching my investments too. CaptainTruth Jan 2025 #19

Supposed to be a high volatility year flamingdem Jan 2025 #28

We are in a similar situation. But... ProudMNDemocrat Jan 2025 #20

Good job! I know it can sometimes be scary to have these Mike 03 Jan 2025 #21

On Nov 15 2024 Karma13612 Jan 2025 #24

If you can't risk that seems okay BUT flamingdem Jan 2025 #26

Yes, Karma13612 Jan 2025 #33

We did the same if..fish..had..wings Jan 2025 #29

My best friend died in Oct Marthe48 Jan 2025 #30

What will happen to international investments? AnnaLee Jan 2025 #31

I am tempted to just say... mercuryblues Jan 2025 #32

How about short-term (6-7 mo.) CD's? I'm old and want to keep things liquid in case either of us needs expensive care. albacore Jan 2025 #35

financial advisors heads in sand MBF Jan 2025 #36

Tend To Agree ProfessorGAC Jan 2025 #37

I'm in Greg_In_SF Jan 2025 #38