I will keep spending about the same, my level of spending covers everything I need or want including both charitable donations and gifts to children and grandchildren.Not being retired yet myself I am wondering, will you increase your spending since your portfolio is up so much (probably much more than you had projected) or will you keep things tight because of a potential, massive downturn, or simply to SWAN?Age 78, retired,no pension or annuity, my asset allocation is 60/40.
As of August 1, total return of my portfolio is up 10.05% year to date.
That is about 3 times my expected withdrawal for the entire year. My portfolio is up 38% since I retired.
Statistics: Posted by ruralavalon — Fri Aug 30, 2024 8:02 pm — Replies 5396 — Views 967586