Looking for how folks manage their investments once they FIRE and are living off savings for annual living expenses.
I haven't FIRE'd yet (54 years old) even though all calculators say it is 100% success rate. I can't mentally let go. Therefore looking how people manage their portfolio allocation when the FiRE.
I've just reached $5M in investable assets with 60% being in taxable accounts and 40% in IRA accounts.
Our expenses are about $100K per year not counting about $20K we'd have to spend on health insurance when I leave corporate America. This doesn't account for any taxes I'd have to pay on interest or dividend income on my investments.
Right now I'm opportunistically aggressive at times but once retired I want lower risk.
Thank You.
I haven't FIRE'd yet (54 years old) even though all calculators say it is 100% success rate. I can't mentally let go. Therefore looking how people manage their portfolio allocation when the FiRE.
I've just reached $5M in investable assets with 60% being in taxable accounts and 40% in IRA accounts.
Our expenses are about $100K per year not counting about $20K we'd have to spend on health insurance when I leave corporate America. This doesn't account for any taxes I'd have to pay on interest or dividend income on my investments.
Right now I'm opportunistically aggressive at times but once retired I want lower risk.
Thank You.