Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Here is what I did with my late parents concerning their distributions from their portfolios. I took a sum equal to 1.25% of the portfolio’s quarter ending balance each quarter. This works out to be a variable sum form quarter to quarter … and, who is to say that you have to spend in all as it is withdrawn. This worked for them because their portfolios pretty much met the distribution amount form yield generation alone as mine now does. In addition, principal grew over time. And, this is what I plan to do myself.
Comments
Have a great day … and, Good Investing.
Skeeter