On 2024-10-06 14:22, Bruce Griffis wrote: > > I like to think we'll be okay taking out 4% adjusted for inflation, but > the reality is that if my health fails things will get real expensive > real quick. If my wife's health fails more than I am able to provide > care for, the same thing happens. And if both of our health fails, we'll > need all of that IRA and then some. My wife can't get life insurance or > long term care insurance, but I carry a life insurance policy on myself > to help offset costs for my wife if I go first.
I think you need to pay attention to your feeling that 4% is too much. There's a "sleep-at-night factor" for withdrawals from investments, just as there is for selecting choosing a ratio of stocks to bonds in your portfolio, or choosing individual stocks and bonds versus mutual funds. Stan Brown Tehachapi, CA, USA https://BrownMath.com/ _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
