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Strategies & Market Trends : Dividend investing for retirement

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To: Steve Felix who wrote (30175)	12/2/2018 10:12:37 AM
From: E_K_S	Read Replies (3) of 34328

Questions on Income/Asset withdrawls in the out years. Does your 'Income Need' calculation/estimate the amount you will require from withdrawls? At some point will you be withdrawling monthly from the portfolio? If it is an IRA or ROTH and are you at the point yet where you must take 'required' distribution from the IRA. Do you have a plan and/or strategy on withdrawls, (1) just keep the IRA and make the required distributions, (2) move some proceeds into ROTH (partial annual distribution) and/or (3) just spend down the annual income and even look at a planned 4% portfolio withdrawl? My current plan is to fund my ROTH w/ annual partial IRA-to-ROTH distributions, pay the tax (keep distributions at a low tax rate) and build the ROTH account size. I have been on a 12 year plan starting my partial IRA-to-ROTH transfers at age 55. I have heard other retirees use the "4% Withdrawls" rule. New Math for Retirees and the 4% Withdrawal Rule From the article: How much can I spend in retirement without running out of money? The 4% rule . . . Known as the 4 percent rule, it found that retirees who withdrew 4 percent of their initial retirement portfolio balance, and then adjusted that dollar amount for inflation each year thereafter, would have created a paycheck that lasted for 30 years. Mr. Bengen’s original analysis assumed the retirees’ portfolio was evenly split between stocks and bonds. FWIW, I have been adding more 'bond like' income to the IRA/ROTH portfolios buying some REIT preferreds to replace some REIT common shares. I still think the best assets to hold are the dividend growers but those are hard to find especially when held for over 30 years. ------------------------------------------------------- Hope everybody had a wonderful Thanksgiving and getting ready for a great New Year. EKS

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