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Bob Smith
Guest
I need some help from some of you who have already put an early retirement plan into motion. I'm having trouble visualizing the mechanics of withdrawing assets - what to withdraw first, what should be in taxable accounts, etc. I'm 51 and will quit working in one year. I plan to withdraw 3.8% in the first year and the same amount, plus inflation, in subsequent years. My portfolio will consist of roughly 50% TIPS, 40% Vanguard Total Stock Market Fund, and 10% cash. I'll re-balance annually. What's the best strategy to withdraw assets? The TIPS and stock dividends won't be enough, so I will need to sell securities as I go - but how do I determine what to sell? If someone could point me to a good book, or better yet, to software that will do the job, I'd greatly appreciate it. Thanks.