Travelwanted
Recycles dryer sheets
Regarding one's WR, when you say 2.5-4% of the portfolio, is that including the dividends, interest, ST and LT capital gains produced annually?
I looked at income produced in my portfolio for 2014. It generates 1/2 income (pre-tax of course) I will need per year in ER. Without these I need an initial 3% WR to meet my top end of spending. So if 1/2 is generated as above, would one say my WR is 1.5%?? I know this may seem obvious but just wanted to clarify.
Thanks!
I looked at income produced in my portfolio for 2014. It generates 1/2 income (pre-tax of course) I will need per year in ER. Without these I need an initial 3% WR to meet my top end of spending. So if 1/2 is generated as above, would one say my WR is 1.5%?? I know this may seem obvious but just wanted to clarify.
Thanks!