ArkTinkerer
Full time employment: Posting here.
- Joined
- Aug 12, 2014
- Messages
- 584
Saw the threads on WR where people specify their withdrawal for the year. Just curious about mechanisms for doing this. Looking to retire middle of this year and my plan is arrange for a chunk of money in the Roth accounts to go into cash, 3month, and maybe 6 month CDs. I expect some variation in income due to rental property, consulting gigs, sale of assets. I would pull from the Roth accounts on a monthly basis as needed to have a certain checking balance every month.
From the postings, it sounds almost like some people pull a wad of cash out of the investment/retirement accounts Jan. 1st and put it in a bank account to spend.
From the postings, it sounds almost like some people pull a wad of cash out of the investment/retirement accounts Jan. 1st and put it in a bank account to spend.