I'll post this email I recently sent to my sisters husband. I think it goes to the 3/4% withdrawal you mentioned, and also to what a person wants from their account.
A couple of mentions: 1) When I took this on, it was with the understanding that including taxes, the annual
withdrawal would be $14,926. 6.96% of total annually. 2) With hindsight, of course something none of us
had, quite possible I would have been better off investing for growth and selling positions. 3) He is in good
shape to continue, even if Morningstar is correct about 1.8% nominal returns going forward. 4) I don't want
to be deciding what to sell to get his income each month.
During the Oct-Dec. pullback, I cut his income from $17,500 to $15,200. There are plenty of no yield/low
yield stocks I could sell now to cover withdrawals or more likely, reinvest in higher yields. He has also advised
of an upcoming extra $6500 bill for dental implants so I have $4,300 in cash so far. Probably what the
AMZN and ISRG help pay for.
79 AAPL 1.46%
1 AMZN
2 ISRG
1000 ENPH ( from earlier. Been selling a little. Basis $5.56.
56 HRS 1.68%
82 SNX 1.46%
___________________________________________________
First off, this email doesn't mean anything. I generally do this once a year just to see how things are going.
A record of deposits and withdrawals from your retirement account.
Deposits
2010 / $173,462
2012 / $40,744
Total $214,206
Withdrawals
2011 / $19,000
2012 / $17,197
2013 / $11,779
2014 / $15,612
2015 / $21,975
2016 / $14,926
2017 / $21,522
2018 / $17,426
2019 / $5982
Total $145,419 / 67.8% of deposits
Deposits minus withdrawals = $68,787.
Account today $239,000 = $25,000 more than deposits.
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