Yor opinion,please?

[roger]

Hi:
I'm 62 years old and already retired,the object of the reevaluation of the portfolio is to supplement my earnings from SS. and at 4% withdraw will make a bit short to make ends meet.But as you suggested I might
have to adjust to the amount.Thanks once again and I'm
looking forward to your reply,roger. 8)

Hey roger! Adjust to the amount man! Or, if you are
one of those who expects to check out early, then it
won't make much difference. Running out of money while you're still breathing is the biggest danger.
As my Dad (86) says. "The name of the game today
is money, and you better have some."

John Galt

[JWR1945]

I agree with John Galt: Adjust to the amount.

It is exceedingly dangerous today even to count on that 4%. The markets are still in bubble territory. That 4% number never included anything like this during the first two decades of a retirement.

Having said that, I do think that you can reach 4% safely enough, but not with a simple S&P500 and commercial paper, fixed allocation portfolio. Look at additional asset classes. Pay careful attention to income streams. A guaranteed income source (at a reasonable income after adjusting for inflation) is worth a lot in retirement.

Done right and in the right market, residential real estate can be a tremendous investment. Done wrong or if not appropriate for your personality, it can be a disaster.

The most important thing is to avoid is selling stocks at depressed prices if at all possible.

Have fun.

John R.