Originally Posted by katb
Thanks for your feedback! I wonder though how I can get enough income from the taxable accounts to live on if my investment choices are designed to reduce taxes and therfore income. As you said, bonds produce income which I could live on, but they would be in my retirement accounts because they produce income. It's seems like a catch-22.* Good point on the DIVs and cap gains.
I now understand you are looking to preserve your taxable capital.* *I initially thought you were looking to deplete taxable assets while tax-deferred assets continue to grow.*
I would utilize the Firecalc calculator on this site to determine the maximum withdrawal percentage (probably around 4%).* This may cause you to take the dividends plus some capital each year.* However, a low enough burn rate should maintain (and possibly grow) the initial taxable amount (calculator will give you the historical success percentages).* I know some on this board (Grumpy, I believe) have a portfolio of stocks that pay dividends in excess of 4% per year.* * *
BTW, I believe we are about the same age (36 soon to be 37 for me).* *Thanks..*