Post #733 by intercst on the Retirement Investing board

Personal Finance Topics / Retirement Investing

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{{ ...if we are spending less then we do now something has gone wrong. }}

I own a home I bought for cash in a state with low property taxes and no state income tax (WA State). As a retiree living off an investment portfolio managed to reduce dividends and concentrate on capital gains, I almost have to volunteer to owe any Federal income taxes.

I started my SS benefit last month. That combined with 2 small pensions I'm getting from jobs I had more than 30 years ago, will more than cover my monthly expenses. Over the last 10 years, my portfolio withdrawals averaged 3/10ths of 1%.

It very possible I won't make a portfolio withdrawal until my RMDs start in 3-1/2 years at age 73.

intercst

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