Can You Pull Off Early Retirement, Despite the Recent Stock Market Downturn?

·3 min read
Can You Pull Off Early Retirement, Despite the Recent Stock Market Downturn?

If you were planning for an early retirement that's set to kick off in the next year or two, you may now be wondering if moving forward is possible given the recent stock market downturn. People are often advised to shift toward safer investments as retirement nears and keep one to two years' worth of living expenses on hand in cash. If you took that advice to heart and are sitting on bonds in your portfolio that haven't lost much value, plus a pile of cash, then you may be in a good position to kick off early retirement, even if your portfolio is down.

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