We are within a year of when we will be eligible (without penalty) and need to start drawing from our retirement funds.
We think annual dividend amounts, along with other sources of income will fund our needs most years.
We are undecided if we will just take dividends, or if we will sell funds each year when we rebalance to fund our needs.
So, assuming that the income needed is approximately equal to what the dividends are- what do you do and why?
Our Vanguard advisor says reinvest dividends and sell what you need annually. Our portfolio is about 47-48-5
We think annual dividend amounts, along with other sources of income will fund our needs most years.
We are undecided if we will just take dividends, or if we will sell funds each year when we rebalance to fund our needs.
So, assuming that the income needed is approximately equal to what the dividends are- what do you do and why?
Our Vanguard advisor says reinvest dividends and sell what you need annually. Our portfolio is about 47-48-5
Last edited: