seraphim
Thinks s/he gets paid by the post
- Joined
- Mar 6, 2012
- Messages
- 1,555
Next year we plan to start our withdrawel phase. AA is 60s/35b/5mm. VG mutual funds.
I had planned to make an annual 2% withdrawel, and budget the money out over the year. DW wonders if we have the discipline to eek that money out over a one year period, and wonders if we should make quarterly withdrawels instead.
By my thinking, I would have some leeway about when to make an annual withdrawel. Enough cash in savings to hold us over if I wanted to delay a few months or six, because of a dip in the market or some such.
Any thoughts on pros or cons of either method?
In a similar vein, if we go with an annual draw, is there a particular time of the year in which markets tend to be higher? Heard the old 'sell in May' saw.
Or, am I just being totally anal?
Give it to me straight - I can take it lol.
I had planned to make an annual 2% withdrawel, and budget the money out over the year. DW wonders if we have the discipline to eek that money out over a one year period, and wonders if we should make quarterly withdrawels instead.
By my thinking, I would have some leeway about when to make an annual withdrawel. Enough cash in savings to hold us over if I wanted to delay a few months or six, because of a dip in the market or some such.
Any thoughts on pros or cons of either method?
In a similar vein, if we go with an annual draw, is there a particular time of the year in which markets tend to be higher? Heard the old 'sell in May' saw.
Or, am I just being totally anal?
Give it to me straight - I can take it lol.