A question for the couples here in FIRE....
After any paid benefits like pensions, annuities, ss, or interest from fixed income assets, how do you determine whose accounts to draw on to cover any remaining expenses?
If you both have separate accounts for after tax, deferred, or even tax free - how do you decide on whose accounts to dip into to pay the rest of expenses?
Do you do a 50/50 split? Alternate years? A percentage split based on balances?
My wife and I both have separate accounts over our working careers for after tax, deferred, and Roth - and we will probably go with a 50/50 split.
After any paid benefits like pensions, annuities, ss, or interest from fixed income assets, how do you determine whose accounts to draw on to cover any remaining expenses?
If you both have separate accounts for after tax, deferred, or even tax free - how do you decide on whose accounts to dip into to pay the rest of expenses?
Do you do a 50/50 split? Alternate years? A percentage split based on balances?
My wife and I both have separate accounts over our working careers for after tax, deferred, and Roth - and we will probably go with a 50/50 split.