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Can One Retire without Investing in Stocks?

Thursday, May 27, 2010 - 7:38 AM
That's the question asked in the Money Magazine article, Ask an Expert. As you might expect, the Money Magazine expert recommended that the reader invest at least some of her portfolio into equities. However, the expert concedes that it is possible to save enough for retirement without stocks, but it requires saving more per year.
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,076
1. Saturday, May 29, 2010 - 3:03 PM
Great item, Ken. Sorry to be so late responding . . . just saw this on Twitter.

I believe most of your readers are wise enough to realize this can, or at least could, easily be done.  I already have done it.  I retired at age 40 without any recourse whatsoever to the stock market.  I have a very low opinion of the stock market, to be candid.  I did, back in my time, have access to honest, or at least reliable, bond market opportunities.  I'm not certain I could repeat today the bond market investment successes which helped me years ago.  The bond markets today are not what they were back when I needed them.  And the ratings agencies I once relied upon have more recently proven unreliable.  Insured CDs of course remain.  That's what I use now.
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,917