Hi my name is Bill and it was recommended I post here to get advice.
I am 62 and just retired. The question is mostly about my portfolios. I have 2 managed portfolios. One is a 50/40/10 strategic diversified account with Fidelity. The other is a Blackrock Dividend Income portfolio-50/50 spread.
I have enough reserve to go 3 years before I need the spend from the portfolio.
I ran the Firecalc several ways based on my estimated spend.
With the current portfolios I get an 89% success rate
If I buy a deferred annuity (3 years) and then use the Blackrock portfolio and then restimate I get closer to 100%....I have to say this is appealing for a lot of reaons. One the success and 2 the peace of mid of a lifetime gaurantee and the only variable become the Blackrock....
Any help is appreciated
Bill
I am 62 and just retired. The question is mostly about my portfolios. I have 2 managed portfolios. One is a 50/40/10 strategic diversified account with Fidelity. The other is a Blackrock Dividend Income portfolio-50/50 spread.
I have enough reserve to go 3 years before I need the spend from the portfolio.
I ran the Firecalc several ways based on my estimated spend.
With the current portfolios I get an 89% success rate
If I buy a deferred annuity (3 years) and then use the Blackrock portfolio and then restimate I get closer to 100%....I have to say this is appealing for a lot of reaons. One the success and 2 the peace of mid of a lifetime gaurantee and the only variable become the Blackrock....
Any help is appreciated
Bill