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- Apr 14, 2006
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This thread http://www.early-retirement.org/forums/f28/what-to-do-with-budget-surplus-80087.html got me thinking about a withdrawal question for the person who has a pension that covers most or all of her retirement expenses, but also has a substantial investment portfolio. Does she withdraw 4% from the investment portfolio each year and just hold it in cash, or does she leave it invested? I would think that withdrawing the money and going to cash would be the best way to reduce risk, but I'm interested to hear others' perspectives on the issue.