Thanks bonesly.
I should go back and re-read my original post. Did I mention that it's drifted off my 6%? So rather than 67:33 it is now 73:27.
Anyway, it's that drift that has me thinking about the BH advice regarding rebalancing (1st subject) and then it's the 60:40/50:50 info I read about that has me thinking about changing to 65:35 (2nd subject) all of which kind of depends on IF I do something about the 73:27.
Benign neglect says to leave it at 73:27 and it'll either go up or it will go down. But wisdom (which I'm seeking here) might say something else. Got to admit, I'm not focused on optimalization. Close enough is good enough and uses up less brain cells.
On the other hand, I've worked hard to get where I'm at and I don't want my stupidity to shoot me in the foot. Even though I do think that interest and dividends will cover my "deficit" and that I'll have too much money once RMDs start. And I also think if I don't spend $8000 on travel that I won't need the interest and dividends. (But I am budgeting $10,000 travel for 2025.)
Can you hear the ping-ponging in my brain through these replies? I wear myself out trying to think. LOL.
I should go back and re-read my original post. Did I mention that it's drifted off my 6%? So rather than 67:33 it is now 73:27.
Anyway, it's that drift that has me thinking about the BH advice regarding rebalancing (1st subject) and then it's the 60:40/50:50 info I read about that has me thinking about changing to 65:35 (2nd subject) all of which kind of depends on IF I do something about the 73:27.
Benign neglect says to leave it at 73:27 and it'll either go up or it will go down. But wisdom (which I'm seeking here) might say something else. Got to admit, I'm not focused on optimalization. Close enough is good enough and uses up less brain cells.
On the other hand, I've worked hard to get where I'm at and I don't want my stupidity to shoot me in the foot. Even though I do think that interest and dividends will cover my "deficit" and that I'll have too much money once RMDs start. And I also think if I don't spend $8000 on travel that I won't need the interest and dividends. (But I am budgeting $10,000 travel for 2025.)
Can you hear the ping-ponging in my brain through these replies? I wear myself out trying to think. LOL.
Statistics: Posted by Silentnight — Tue Dec 17, 2024 12:26 pm — Replies 14 — Views 831