David1961
Thinks s/he gets paid by the post
- Joined
- Jul 26, 2007
- Messages
- 1,085
After retirement, how often do you calculate your actual withdrawal rates? Here's what I do. I keep a spreadsheet that lists my total expenses by month (including taxes). I compare this to my monthly pension amount and can calculate my withdrawal amount for each month then divide by my portfolio value to determine the WR for that month - then multiply by 12 to get the equivalent annual WR. I find that since my monthly expenses can vary from month to month - some months my WR is high and some months, it is below zero. What I plan on doing is that after I'm ERd for a year, I'll calculate my expenses for the previous 12 month period and calculate my WR for that year based on my portfolio value at the beginning of the period. That should smooth things out.
Any other ideas? Thanks.
Any other ideas? Thanks.