
Before the article, here’s what’s happening this week on our podcast, Personal Finance for Long-Term Investors:Today’s QuestionBarry wrote in and asked:Jesse – I’ll need about $100,000 per year from my portfolio in retirement. I have $3M in my retirement portfoli…
Before the article, here’s what’s happening this week on our podcast, Personal Finance for Long-Term Investors:Today’s QuestionBarry wrote in and asked:Jesse – I’l…
Before the article, here’s what’s happening this week on our podcast, Personal Finance for Long-Term Investors:Today’s QuestionBarry wrote in and asked:Jesse – I’ll need about $100,000 per year from my portfolio in retirement. I have $3M in my retirement portfolio. It’s producing about $60,000 in income and dividends for me, meaning I only need to sell $40,000 (net of taxes) of the principal value to fund the rest of my need. By my math – $40,000 divided by $3M is about 1.3%. That withdrawal rate is WAY less than the 4% rule.Am I thinking about thi…