Hi. The dividends, interest and capital gains that I receive amount to approximately 53% of my annual retirement budget. Is it a good idea for me to have these dividends, interest and capital gains directed into the bank account that I use as my source for current retirement expenses?
Until recently, I was in the accumulation phase, so I always had dividends, interest, capital gains, etc. set up to be reinvested back into the account they came from.
Thanks for your insight.
Until recently, I was in the accumulation phase, so I always had dividends, interest, capital gains, etc. set up to be reinvested back into the account they came from.
Thanks for your insight.