Q&A: "I'm Scared of Running Out of Money in Retirement!"

[@nh154321]

I think she is too poor to save the house for her adult children’s retirement. Let them fend for themselves, downsize or sell + geo arbitrage and enjoy a decent retirement. At the very least, the remodel should be covered by kids, not herself if she does decide to give the house to them.

[@OurRetireEarlyJourney]

It’s always a great to run out of money. Planning and reviews with financial advisors as well as software tools have helped us build confidence.

[@niefiazupancic3063]

working remotely is great IF you have the skills - not everyone is employed in a profession that lends itself to remote work.

[@beachbum77762]

A 5 bucket strategy is crazy. A three bucket it too much. You should never have more than a 2 bucket strategy and 100% stocks is the best strategy in the long run. A 5 bucket strategy will leave way too much money on the table in the long run. If you can stand the market swings, then having 1 bucket that is 100% stocks will almost always give you the best return!!!

[@bryan__m]

You don't want to be pulling the money you need to pay your bills today from a 100% stock portfolio. Bucketing for timeline and risk tolerance is entirely appropriate here. Sometimes it's not always about the best long-term theoretical growth.

[@Mitzi73]

She has to live out of her home for 6 months out of the year if she wants to avoid major tax penalty when she sells. Why would she rent it to move to Ecuador? I swear some of this advice is just ridiculous. Not thought through.