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

To: JimisJim who wrote (31093)	4/10/2019 10:45:36 PM
From: Steve Felix	1 Recommendation Recommended By Graustus Read Replies (1) \| Respond to of 34328

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.