IF they start young being key.
There’s always a boglehead debate about at what age to have bonds. Some say not if you’re young, some say to have some when young etc
What if someone is 100% stocks until the end?
Say their balance is $1,000,000 after decades.
Even if there’s a crash and they’re at $800,000…chances are it’s not like they were going to spend an extremely large sum anyway.
Is there a certain amount where in a way it doesn’t matter what someone’s balance is if it’s high?
Like if someone has a paid off house etc does it really matter if their balance is $800k, or $900k or a million etc?
Obviously there’s a $ difference, but hopefully you see what I mean
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