but now that we are retired, I feel very very poor....stock market crash and that's it for us...
we live simply...but its not enough....
and the reason?....taxes...huge taxes on our 5acre property with a decent home...
we are slaves...
FRiend, that is my worst nightmare, but like a "Casandra Complex" I'd be shocked if that ending wasn't awaiting me too, but what can you do?
Even if many of us were smart enough to know Social Security was a ponzi scam, robbed by the Federal Government, and invested privately, Joe Biden's America (and really the administrations since Reagan) has raped our retirement. A sad, but true fact.
stock market crash and that’s it for us...
I recall reading advice years ago that you get out of the stock market five years before retirement. I don’t think anyone follows that advice now.
Taxes, regulations and inflation destroy retirement.
Many retirees have addressed these issues by retiring overseas. Places such as Portugal, Spain, Croatia, Uruguay, Philippines etc. offer a less expensive cost of living and high quality of life. Geographic arbitrage.