CitricAcid
Full time employment: Posting here.
- Joined
- May 12, 2008
- Messages
- 546
Don't flame just yet, I actually have a somewhat different picture of withdrawals than all of the other threads about it.
When I retire, I plan to have a smattering of about 40% broad index, 30% broad international growth, 5% bond, 5% crash, and about 20% in individual stocks. This would be distributed across a Roth IRA, 401k, and individual brokerage accounts.
Obviously, the question revolves around the best way to mitigate commissions and tax burdens. I also want to find the best way to turn the account into something like a 25% broad US index, 25% broad international, 35% bond, 15% cash. Would it be best to sell the worst performing stock first and then slowly take out from my Roth IRA? The problem with this is it leaves me with a little less diversification, but it avoids a lot of the commission problems.
Also, once I have attained my ultimate diversification goal, it should be easy to live off of dividend and regular withdrawals from the different mutual funds. Most of this will obviously depend on the way the stock market is performing and how much I have in my account and how long I have to live, otherwise it would be simple to sell off until I get my desired goal, but I want the transition to mitigate most of the costs as possible.
Any thought on the subject?
When I retire, I plan to have a smattering of about 40% broad index, 30% broad international growth, 5% bond, 5% crash, and about 20% in individual stocks. This would be distributed across a Roth IRA, 401k, and individual brokerage accounts.
Obviously, the question revolves around the best way to mitigate commissions and tax burdens. I also want to find the best way to turn the account into something like a 25% broad US index, 25% broad international, 35% bond, 15% cash. Would it be best to sell the worst performing stock first and then slowly take out from my Roth IRA? The problem with this is it leaves me with a little less diversification, but it avoids a lot of the commission problems.
Also, once I have attained my ultimate diversification goal, it should be easy to live off of dividend and regular withdrawals from the different mutual funds. Most of this will obviously depend on the way the stock market is performing and how much I have in my account and how long I have to live, otherwise it would be simple to sell off until I get my desired goal, but I want the transition to mitigate most of the costs as possible.
Any thought on the subject?