Subject: Re: OT-Early Retirement (Barron’s)
"The Booming Stock Market Is Helping Many Retire Early"

Been takin' it easy myself, though that might change if something interesting falls in my lap. Not looking.

We know that stock market wealth can be something of an illusion. My wife likes to remind me of 2008/2009. We were riding high in early '08, and I thought I might slow down a bit, maybe even semi-retire...oops! Net worth down 55% at one point, not that I looked very often, and took five years to recover.

I expect most of these nouveau early retirees couldn't take a 50% drawdown with a 5-year recovery.