Early retirement devotees rethink assumptions after dicey times

[tsptalk]

Early retirement devotees rethink assumptions after 'dicey times'

"I think people were blindsided by the actual extent to which inflation hit…I mean, we haven't seen that level of inflation. And many, many years ago, I don't think most FIRE savers really prepared for that," Sangiradi said. "You know, having a market that's down over 20% is not something that people often prepare for either."

https://finance.yahoo.com/news/earl...-assumptions-after-dicey-times-185634409.html

 

[Bullitt]

If you're down 20% right now, you're not diversified enough. Enjoy working longer than you planned because you took unnecessary risks.