Yeah, other than setting up my grandkids, I didn't see any of this being part of my latter retirement years.
Need to get myself out of this funk I am in before all the immediate family comes for Christmas dinner.
Selling stocks and other things from my sisters account has been hard. Giving up a lot of future income.
Amazing how many stocks, and CEFs go ex dividend on 12/31, too late for me to sell. $320k withdrawn,
with $32k to taxes, which definitely won't cover what is owed.
My sister had asked me to invest her IRAs years ago, and I declined. Then in the financial crisis, all the
untraded reits that her guy at Ameriprise put her in, at .75 a share into his pocket, tanked. Some just went to
nothing, others couldn't be sold. When I looked into her accounts, I couldn't turn her down. I didn't have to
jump a bar, just miss the chasms.
Market beating returns? No, but that wasn't the goal. Let her take money out when she wanted, and build it
for her kids to inherit. I did a decent job, and now it all just goes to crap in my mind.
Schwab statements only go back ten years:
Dec. 31, 2015 = $535,870
End Nov. 2025 = $763,943
Withdrawals over that time = $321,218.
Mike Tyson: "Everyone has a plan 'til they get punched in the mouth"
Wishing you a very Merry Christmas, and a Happy New Year! |
