Hmm, so the idea is that the NAV will keep up with inflation even in income
funds (and without DRIP'ing), so if you can live off dividend+interest you
are cool ? And if those are 4+%, presto !
Most of my taxable account investments are less income-producing, but much
is cash too. Should I gradually start spending the cash in the near-term, until
I can start tapping tax-advantaged money too, and also gradually sell those
growth type stocks and stock funds to the extent I can stay in the ultra-low
cap-gains brackets, and use the proceeds to move into balanced income
funds like Wellesley ?