kcowan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Being in the boat with a non-COLA'd unguaranteed pension plus a COLA'd guaranteed smaller one, my target SWR does not include them. I have not reached that target yet, but every year that I receive those pensions, they contributed to an improved financial position moving towards my target SWR (3%).
I agree that this is overly cautious but it is part of the reason that my portfolio excluding the present value of those pensions is 78% equities. I am taking more risks while I can enjoy receiving those pensions as a buffer.
I agree that this is overly cautious but it is part of the reason that my portfolio excluding the present value of those pensions is 78% equities. I am taking more risks while I can enjoy receiving those pensions as a buffer.