The sky is falling, the sky is falling…… or is it? This has certainly been a time of confusion and could surely lead to a lot of uncertainty. Cheryl and I checked our retirement accounts and found that the values overall have dropped over $8,000. Our first inclination was to reduce our investments that come from our paychecks automatically. However I truly believe that the sky is not falling and the markets will recover, so instead I am thinking of increasing my investments before this “sale” ends!! :)
I figure that bailout or no bailout, the markets will recover and the value of my shares will increase even more. The only question is “ How long will it take for the market to resume growth?”. The answer to that question will certainly determine my retirement date and subsequently my fulltiming date. I had originally planned to retire in February 2012, now if the market takes longer to recover, that date may slide a couple of years. It may not effect my retirement date, but how I plan to retire, debt free or having to borrow for my fulltime RV.
Oh well, any way this situation plays out, I still have to work a while longer. I thank God for every day I am able to get out of bed and take myself to work! I thank God even more for those brief excursions into the world of RVing, such as the rallies and RV DREAMS get-togethers!! :)
Till next time……………..