cardude
Full time employment: Posting here.
- Joined
- Feb 21, 2006
- Messages
- 599
Let's say a guy has a 2M portfolio, and he wants to safely suck 70K per year out of it for retirement. Let's say the portfolio looks like this:
10% real estate
10% cash
80% stocks (non dividend paying for the most part)
Is that enough cash to keep around to fund 70K in annual living expenses? If not, how much cash should you keep in the portfolio for the 70K per year living expenses, or do most of you sell stock to fund expenses when you feel the price is good, or what
10% real estate
10% cash
80% stocks (non dividend paying for the most part)
Is that enough cash to keep around to fund 70K in annual living expenses? If not, how much cash should you keep in the portfolio for the 70K per year living expenses, or do most of you sell stock to fund expenses when you feel the price is good, or what