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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (7745)	2/16/2011 4:04:00 PM
From: Steve Felix	Respond to of 34328

Thanks for posting that. Withdrawals were a topic of discussion recently with my sister. ( forced withdrawals end in August, yeah, I had it pegged at October ) Seeing that her port. was up 7% since October, she opined that she should have had her money with me earlier and she wouldn't have lost money over the last few years. I explained that the market hasn't done anything but go up since I started investing her money, I am no genius, and that if I had her money before, she surely would have followed the market around although hopefully not quite as bad to the downside holding all dividend stocks / funds. I explained that the dividends would have made a big difference though. Her withdrawals amounted to $34,200 a year. Her advisor had 6k to 7K coming into the account in dividends. The rest had to be made up from sales. Her last statement shows $15,965 in current dividends. My rough calculations show she could have had at least 36k more to bounce back with the market. Lots of variables of timing etc., but I doubt any less than 36k. Fully 25% of her overall withdrawals while with Ameriprise. At even 3.5% another $1260 in income now, that can never be recovered.