thanks, and yes, a pittance
of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch
of service)-- along the way, frugal
living, along with dollar - cost
averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good
over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance
products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!
Editorially, Kiplinger's magazine has championed
over the decades a number
of personal finance strategies and investment
products that later became popular «conventional wisdom»: the superiority
of systematic investing (dollar cost
averaging)
over market timing; growth stocks that paid little or no dividends but invested in new technologies; mutual funds, especially no - load funds; stock index funds; term
life insurance, rather than whole -
life; and global investing.