Hi!
My wife and I retired about 2 1/2 years ago at 55. We have 2 kids in college, grad school and we live in Tampa. We love traveling the world and scuba diving, food, craft beer and lots of other stuff!
I'm looking forward to meeting others in the group.
We've met with many advisors and feel that we are financially secure, however, they all have different methods for getting us through retirement. We have been fortunate to accumulate a nice nest egg and we are very grateful!
My first question is financial. We have our money at Vanguard, 60/40 diversification stocks, bonds, US and Intl. I'm wondering if those that are retired build a portfolio to produce enough income to live on each year or do you dip into the principal? I like the idea of producing enough income. We have 9 million in the account and are looking to draw 300,000 per year taking into account taxes.
Thanks!
My wife and I retired about 2 1/2 years ago at 55. We have 2 kids in college, grad school and we live in Tampa. We love traveling the world and scuba diving, food, craft beer and lots of other stuff!
I'm looking forward to meeting others in the group.
We've met with many advisors and feel that we are financially secure, however, they all have different methods for getting us through retirement. We have been fortunate to accumulate a nice nest egg and we are very grateful!
My first question is financial. We have our money at Vanguard, 60/40 diversification stocks, bonds, US and Intl. I'm wondering if those that are retired build a portfolio to produce enough income to live on each year or do you dip into the principal? I like the idea of producing enough income. We have 9 million in the account and are looking to draw 300,000 per year taking into account taxes.
Thanks!