Posted on 03/19/2017 5:45:34 PM PDT by ameribbean expat
Quitting while the market is up might be wise for Baby Boomers. If I were in their position, I would definitely consider cashing out. Then again, the best may over the horizon.
Squantos wrote: Life is good huh ! Enjoy ! Stay Safe !
you too
I believe you’re right; as people see diminishing returns from their paychecks (due to understated/unreported inflation), I’m seeing some private-sector people take early retirement at 62. It may be a regional thing (so they can leave high-cost NJ); any pensions/401Ks and SS may be enough for them to live well elsewhere.
Taxes here in NJ make it very difficult for the middle class to thrive; high wage earners, public employees, and welfarians seem to do well.
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