Would a 1 million dollar portfolio divided equally between Dodge & Cox balanced, Wellington and Wellesly withdrawn at 5% annual with a 4% inflation increase per year last 40 years and maintain (or even grow) the principal.
What would be the mechanism by which you would withdraw the funds each January 1? For example, Year 1 would you just request redemption of $16,666 from each of the funds and place them in your MM account for the years spending or take the money out quarterly?
What would be the mechanism by which you would withdraw the funds each January 1? For example, Year 1 would you just request redemption of $16,666 from each of the funds and place them in your MM account for the years spending or take the money out quarterly?