Allocation Planning for Future QCDs
Its that time of year when I review my financial plans...
- Almost all of my investment assets are in tax deferred accounts.
- In two years, I will be required to withdraw RMDs. I plan to do this in the form of Qualified Charitable Distributions (QCDs) for about 10 years.
- My annual expenses will be covered by pension and SS.
- My allocation is 60/35/5.
Would you reallocate from stocks into cash now in order to assure not selling stocks or bonds in a down market?
-- 3 years of QCDs?
-- 5 years?
-- None? (Sell bonds if needed in a down market.)
Your thoughts would be greatly appreciated.