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<blockquote data-quote="Old Man Jingles" data-source="post: 4407316" data-attributes="member: 18222"><p>There are some 'gamblers' that have executed some 'puts' within their IRA and 401k.</p><p>They are actually ahead of where they were a month ago.</p><p>That's too risky for me although I have done it many times in the past when 'risk' was also a 'reward' and I could recover from the risk.</p><p>I am 65 and 7 years into my retirement and the current 1000 Monte-Carlo run models support me at a 98.7% probability of living until 87 and leaving 2 million to my daughter and grandson.</p></blockquote><p></p>
[QUOTE="Old Man Jingles, post: 4407316, member: 18222"] There are some 'gamblers' that have executed some 'puts' within their IRA and 401k. They are actually ahead of where they were a month ago. That's too risky for me although I have done it many times in the past when 'risk' was also a 'reward' and I could recover from the risk. I am 65 and 7 years into my retirement and the current 1000 Monte-Carlo run models support me at a 98.7% probability of living until 87 and leaving 2 million to my daughter and grandson. [/QUOTE]
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