No. of Recommendations: 13
There are many alternatives to living solely from Berkshire shares,
reducing dependence on a single stock. One very interesting and imaginative
plan was suggested for consideration by Jim some years ago. I cannot find the
original source, so what follows is my recollection of his idea.
Upon retirement place half of your retirement funds in Berkshire and half in a
Nasdaq 100 equal-weight ETF, such as QQQE. After calculating the amount to be
withdrawn each quarter (using your chosen SWR method), withdraw that amount
from whichever is larger, Berkshire or QQQE. The stronger carries the
load, while the laggard is given a rest and time to recover or catch up.
Looking at a chart comparing the two over time, there would be periods of
time when withdrawals were from Berkshire and periods when withdrawals were
from QQQE. Recently, of course, QQQE would be carrying the load.
My personal preference would be this plan. And all credit, of course, goes to Jim.
vez
