Writing is more like an addiction than a need, and you're right-- in our situation I think things would stabilize a lot sooner. (Especially if spouse find a set of orders she likes!) An all-equity portfolio is not for everyone.Jarhead* said:Nords: With two Cola'd pensions, health ins. pretty much taken care of,
coupled with an apparant (re: prior posts), penchant for close to "possum
living", doubt if you'd have to change a thing re: living standards.
But in fairness to you, and your need to communicate, there are probably some folks that aren't in your situation that could profit from your back to basics post.
There's a M* poster named SamBro who's well into his 90s. He's living off the dividends and distributions of a 100% equity portfolio too, although he admits that he probably won't live long enough to burn through his portfolio and suffer the consequences of any mistakes.
I think LBYM & Cut-Throat's "bare-bones budget" have a much greater impact than any stock-market or asset-allocation analysis. It's a lot easier to cut spending than to raise income, even if you're in Congress.
It's not a coincidence that the more "senior" surfers have patched their boards so many times that they're more patch than original boards. Kinda like keeping a favorite "niblick" alive with your own persimmon tree...Jarhead* said:For you, don't sell your longboard!