I really don't know at this point. Presently, I work PT because I wanted to cut back hours and have time with my 2 children. That is working out great. I would like to just continue in part time work as long as possible. I hope I don't ever have to return to FT work but who knows? We have seen the economy change over night. So, obviously circumstances at the time will dictate any of those decisions. My spouse presently works FT and he will continue until retirement age hopefully.
I used to think more about retirement, but now I just live one day at a time and am doing what I think would be helpful in the planning.
However, as many of you have seen, alot of us had 40% of our retirement plans just poof into thin air not too long ago! So, at this point, I am not sure what to do. I don't know whether to try to preserve existing capital by moving what is left into safer money market accounts or to view this as an opportunity to buy. It really could go either way. People seem to just assume the market will recover. I am not sure I share that view. I think it is possible that we are on the road to serious financial collapse and years and years of poor markets or then again, maybe not. If anyone gets out their crystal ball, please let me know!
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