Badger
Thinks s/he gets paid by the post
- Joined
- Nov 2, 2008
- Messages
- 3,451
Nailed it. Once I figured out I would never run out of money. Swinging for the fence was all of a sudden, 100% un important.
+1
I do have quite a bit of investment money (for us) in the stock market but more than likely will never use any of it. We don't have many "wants" and still have a frugal lifestyle that is mostly covered by SS and small pensions and are happy. The tIRA gives off dividends that goes to a IRA MM account that we use for taking RMD. Once that is taken for RMD it stays in cash. If we needed more money we would use that. Otherwise the rest of the stocks are left in the market for distribution when we are gone. We don't need it and don't want to pay Capital Gains if we sell. The grown children will be able to sell them at the higher price without the taxes.
Cheers!