Page 13 - Ready Set Retire

Ready. Set. Retire!

just exacerbated. The markets just keep going up and up with
no discernable end in sight.

Until they don’t any more. At some point the markets will
correct. We know this. You know this. You remember this
from 2008 and 2001. You experienced it. You lost a significant
portion of your money, and then had to spend a long time
getting it back. Yet you can’t help yourself. The crack cocaine
of the market highs is just too much to resist; you have lots of
money now, and you will not give up the possibility of having
even more.

So, you continue to do what you swore you wouldn’t, what you
promised yourself, your family, maybe even making a bargain
with the Supreme Being, that if your assets recovered you
would change your approach. But now here you are again.
Stuck on the roller coaster. Unable to get off.

Why? Because you’re crazy. Nuts. Certifiable. Insane.
Unbalanced. Out to lunch. Not just you. Me, too. Your
neighbors. Your family. Your advisor. We are all crazy with our
money.

An example comes to mind. I have a lovely client couple, call
them Dan and Dani, who came in about three years ago and,
after we got through their idiosyncrasies, became a good client.

3