Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 05-17-2014, 06:01 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,414
In Jan 2013, I made a poll to see how much of people's investable assets was in taxable accounts. The responses showed a fairly wide spread from less than 10% to nearly 100%.

See: Percentage of Taxable Money in Portfolio.

I had 30% in savings that I could draw on until I could get my grubby fingers on my own IRA and 401k without penalty and without the rigidity of 72t distributions. I just checked again, and I am currently at 25%. The percentage change is due to expenses since then, but more importantly the taxable accounts include low-risk low-yield investments which have not kept up with the IRAs and 401k's accounts that are more heavily in equities.

I still have a couple of years till the age of 59-1/2 for IRA access, and more years till SS, but the money still left in taxable accounts should be enough for a while.
__________________

__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-17-2014, 06:09 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,414
I just checked. In dollar amounts, my low-yield taxable accounts by themselves still provided enough income and capital gain to cover 3/4 of my expenses since Jan 2013.

In percentage points, the drop of taxable accounts from 30% of total portfolio down to 25% is mostly due to the growth of the IRAs and 401k's. Nice! Here hoping this will last.
__________________

__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
All-out savings vs minimal savings (re: FIRECalc) A Bird In Hand FIRE and Money 37 05-28-2017 09:55 AM
Is there a fast & free way to wipe a hard drive? Lisa99 Other topics 44 09-06-2013 02:45 PM
Should I wipe out savings,to pay of rental house? liveitup FIRE and Money 13 05-14-2011 03:52 PM
Better wipe the home off your asset list laurence FIRE and Money 38 07-12-2005 09:57 AM

 

 
All times are GMT -6. The time now is 09:11 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.