chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
I am thinking about utilizing an Endowment Mutual fund as the basis for providing retirement income.
I have been thinking through different options. The obvious and simple option is to just put it all in the 5% option at VG and take the money each year.
Another option is to put most of the money in the endowment fund except a certain % for extraordinary expenses in case of an emergency.
How would you build a FIRE strategy around the endowment fund if you were targeting retirement at 55?
If you think it is a bad idea, please comment also... but please be specific about why you think it is a bad idea.
I have been thinking through different options. The obvious and simple option is to just put it all in the 5% option at VG and take the money each year.
Another option is to put most of the money in the endowment fund except a certain % for extraordinary expenses in case of an emergency.
How would you build a FIRE strategy around the endowment fund if you were targeting retirement at 55?
If you think it is a bad idea, please comment also... but please be specific about why you think it is a bad idea.
