I'm 50 with a net worth of $5 million. Should I retire early in case the next few years destroy the economy?
Briefly

from 24/7 Wall St.1 month ago
A Reddit user, planning to retire at 52 with $4.6 million, contemplates early retirement due to concerns about economic impacts from the Trump Administration. While he fears potential shocks to his investments, experts caution against making retirement decisions based solely on short-term political uncertainties. The unpredictability of economic changes and the historical context of administrations suggest that long-term financial planning should be prioritized over reactionary decisions influenced by transient events.
Making long-term decisions based on short-term concerns isn't a good approach as no one can predict the future. Political upheaval may affect investments unpredictably.
24/7 Wall St.https://247wallst.com/personal-finance/2025/02/14/im-50-with-a-net-worth-of-5-million-should-i-retire-early-in-case-the-next-few-years-destroy-the-economy/
The reality is that there has never been an administration quite like this one, and it's unclear at this point what the courts are going to allow.
24/7 Wall St.https://247wallst.com/personal-finance/2025/02/14/im-50-with-a-net-worth-of-5-million-should-i-retire-early-in-case-the-next-few-years-destroy-the-economy/
Read at 24/7 Wall St.
#retirement-planning #economy #investments #political-impact #financial-decisions
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