| | | Yup, it always amazes me that in a sense, making DGI the main strategic plan in our retirement accts. is sort of like having your cake and eating it, too.
Note: as is true for many here, we are not 100% DGI -- we have exposure to pure income plays such as CEFs, too, but by far, most of our holdings are the result of focusing on building up the DGI stuff first and using excess (and non-dripped distributions) to bump up income in the short run until we cross into Medicare and more importantly, RMDs... I still plan to use cash generated in those accts. to satisfy as much of our RMDs as long as possible, though I also realize that may not be possible at some point post RMD ages...
And that last is true, and I am definitely not whining about it -- it's only even possible to consider that because we set new ATHs for both acct. balances as well as income (% yield -- nominal, not YOC) in actual dollars YOY...
It's hard to predict what the tax laws and/or benefits will be from any source even just 4 years from now, when my wife has to start RMDs, and in 6 years when I have to calculate/satisfy RMDs -- and maybe they'll revise revise the RMD formula/calculation downward because at least for males in the US, life expectancy is drifting downward for the first time in a couple centuries in this country... I guess I need to see if the actuarial tables used to calculated RMDs is adjusted periodically as life expectancy changes... I would hope so, but on things like that, I tend to want to see for myself rather than rely on anecdotes. |
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