I am 53 and retiring soon.
So I am looking at 15 years before pensions, etc. I have a nice next egg that I believe I can easily live on if I can get a 3-4% dividend and can withdrawal around 3% each year from principle. Funds will easily last if I simply maintain principle at this rate but of course some growth would be nice.
Looking for ideas on what approaches some of the folks on this board would use with this scenario.
FWIW I am sitting in cash now but I am still working for a few more months.
Thanks
So I am looking at 15 years before pensions, etc. I have a nice next egg that I believe I can easily live on if I can get a 3-4% dividend and can withdrawal around 3% each year from principle. Funds will easily last if I simply maintain principle at this rate but of course some growth would be nice.
Looking for ideas on what approaches some of the folks on this board would use with this scenario.
FWIW I am sitting in cash now but I am still working for a few more months.
Thanks