Quote:
Originally Posted by FurnaceFace
Have you found a financial planner you connect with/trust? I’d suggest starting there, you can have initial consultations with a number of them until you find one you like. Getting a plan in place will give you peace of mind and assurances you’re on the right path. You can talk to them about your concerns and they can help put a plan in place to mitigate. If you’re 10 years out of when you think you’re retiring, get that done, it’s better now than later. You can start laying the groundwork for 10 years from now, and you might be surprised to find you’re in better shape.
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I'm 10 years out from being able to hunker down and not panic sell my house or dip into long term savings in the event that we have 25% unemployment and an absolutely hopeless job market for like 5 years. I don't think it would be that bad..but like Covid...it would be something not experienced in my lifetime and I don't know what it would look like.
I do have a FP...she tries to assure me that my situation isn't as hopeless as I think it is. I hope she's right.