As a follow on to my other recent post, I was wondering if the following approach to spending is somehow flawed. Given that I have a pension with COLA and that it covers the basics, is there anything wrong with using the earnings from my IRA each year to supplement? That would leave the principle in place. The principle would not grow much, if at all, but it really doesn't have to since my pension is COLA'd. Thoughts and thanks.
setab
setab