Remediator
Dryer sheet wannabe
- Joined
- Oct 26, 2005
- Messages
- 12
My wife (61) and I (62) have been happily retired for a little over a decade. We've withdrawn at or under the Safe Withdrawal Rates (SWR) since pulling the plug, and are doing fine (maybe better than fine) so far.
We've funded our living expenses mostly through annual sales of taxable MFs to rebalance our portfolio, but this feels like a tactical approach. rather than a strategic one. I'd like to model the (hopefully) remaining 30 years of our withdrawal/social security phase to help answer questions like:
a. what order should we sell assets in? (taxable, IRAs, Roth-IRAs?)
b. should we convert some IRAs to Roth-IRAs before RMDs start kicking in?
c. when should we start SS and pension payments?
I've been looking for a software package that would help us plan for these withdrawal years, but I haven't found much -- just a bunch of articles that say "it depends," and "see your tax professional," (which would be me and Turbo Tax). Has anybody out there found something useful?
We've funded our living expenses mostly through annual sales of taxable MFs to rebalance our portfolio, but this feels like a tactical approach. rather than a strategic one. I'd like to model the (hopefully) remaining 30 years of our withdrawal/social security phase to help answer questions like:
a. what order should we sell assets in? (taxable, IRAs, Roth-IRAs?)
b. should we convert some IRAs to Roth-IRAs before RMDs start kicking in?
c. when should we start SS and pension payments?
I've been looking for a software package that would help us plan for these withdrawal years, but I haven't found much -- just a bunch of articles that say "it depends," and "see your tax professional," (which would be me and Turbo Tax). Has anybody out there found something useful?