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Retirement Advice: Pas*ionate About the Possibilities and Honest About Its Realities For the past month the stock market has been on one of its periodic roller coaster rides: erratic enough to make you sick. China's economy is cooling down, giving the whole world a cold. Britain is getting close to a no-deal exit from the EU. Tariffs are good...or bad, depending on whether you benefit or are hurt. Even the golden goose, Apple, is having some problems. As of this writing 25% of the government is shut down. At some point those working for no pay are going to decide, no more. As retirees we are directly feeling the effects of this instability. Our income is baked in. Stocks, mutual funds, bonds, pensions. savings - what we have is all we are likely to have. Depending on your age, it may be getting a little late for the markets to fully recover and During the 2008 recession, my investments lost about 30% in (paper) value. Same for my house. In the ten year since, everything has recovered and grown. Of course, I lost several years just clawing back to level ground. But, the American economy does regularly rise and That dark period was caused by greed, lax regulatory oversight, and a collective belief that everything only goes one way - up. I am pretty sure none of the people (minus Bernie Madoff) or businesses set out to throw our lives into a tailspin. That was simply a byproduct of unethical and risky decisions by too many people, including those who were offered a mortgage they couldn't afford. This time around, the situation seems to be more worrisome, simply because I am a decade older than before. I have less time to rebuild what my wife and I are dependent on to keep us happy and healthy for the next fifte*n or twenty years. How far away are we from unpaid TSA agents and air traffic controllers walking off the job, bringing air travel to a grinding halt? The IRS is so short of people that tax refunds may be indefinitely delayed. National Parks are being closed both because of