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Old 01-06-2013, 10:28 AM   #141
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So, what were all of you doin'? It would be nice if people put down a brief description of their investment method, along with the results. Something like, "I sliced-and-diced", or perhaps even "besides Wellesley as the main component, I had quite a bit of this and of that". But purely Wellesley, I have not seen.
90% of my retirement portfolio is of the "slice and dice" type, a diversified AA that I have been faithful to since 2000. I very gradually reduce the total equity exposure as I age - currenty 52.5% equity funds/42.5% bonds/5% cash.

10% of the portfolio is in a pair of balanced funds used as a benchmark against my own AA (to keep me honest). Some years I win, some years my benchmark wins. Last time I checked, over the past several years my own AA was ahead, I haven't done the analysis for 2012 yet - but I think it was a tie.
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Old 01-06-2013, 10:40 AM   #142
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Starting in '14 I plan to use savings/income for 6 months of RE. '15 -'17 will take about 5% per year, '18 about 4.5% before settling into 3.5% after that. Of course it's all subject to adjustment.
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Retired in 2016. Living off dividends / interest and a mini pension. Freedom.
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Old 01-06-2013, 11:38 AM   #143
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Hmmm - seems like if you withdrew the amount you were planning to spend at the beginning of the year from the portfolio, there would be no confusion about the percentages...
I stopped work in the middle of the year. It was not preplanned, and as my part-time work had always been more than enough to cover expenses (well, most years that is, as my work was erratic), I had not really settled down into a chosen WR, and had been simply monitoring expenses to see what they had been.

Thought 3.5% was about right, but when one has more free time on hand, well, you know what can happen.

As I have often mentioned, having an earned income and being LBYM meant never having to have a budget. I always had left-over for savings. Never even bothered to see if I was saving 20% or 50%. Who cares? I was too busy with work. I spent enough to be happy, and I was going to enjoy my work "another year". Then, bad influence from this forum took over...
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Old 01-06-2013, 12:56 PM   #144
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I stopped work in the middle of the year. It was not preplanned, and as my part-time work had always been more than enough to cover expenses (well, most years that is, as my work was erratic), I had not really settled down into a chosen WR, and had been simply monitoring expenses to see what they had been.

Thought 3.5% was about right, but when one has more free time on hand, well, you know what can happen.

As I have often mentioned, having an earned income and being LBYM meant never having to have a budget. I always had left-over for savings. Never even bothered to see if I was saving 20% or 50%. Who cares? I was too busy with work. I spent enough to be happy, and I was going to enjoy my work "another year". Then, bad influence from this forum took over...
Give yourself a break, then, and claim that a partial year doesn't count LOL!
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Old 01-06-2013, 01:31 PM   #145
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What happened is already past, but I was feeling pretty proud about my "low" WR.

Well, 2012 was a good year, and my portfolio was still up 10+%. It's just that my accounting standard has been pretty loose, kind of like that of the past CFO of Worldcom. Not that I meant to, of course.

So, where to go from here? Recently, been thinking that life's too short to worry about a 1% or 2% extra WR here and there. What the heck! I'd better enjoy my money while I still can. Life is still good. Better start thinking about where to take my RV next...
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Old 01-06-2013, 02:37 PM   #146
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When DW retires next year, the plan is to live on the income generated by our assets (dividends, rents, and interests). Currently, that would represent a ~ 2.5% WR.
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