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URL:  http://boards.fool.com/ive-asked-pixy-this-and-he-said-that-he-was-12398397.aspx

Subject:  Re: 5 Year "Cushion" Date:  4/13/2000  11:43 PM
Author:  jangle1 Number:  3526 of 19255

I've asked pixy this and he said that he was cosidering writing an article on it, but since you claim to an investment professional maybe you can help. When one is investing, the FOOLISH way is to invest at regular intervals a.k.a. dollar cost averaging, right. So why is it such a bad thing to dollar sell average when taking money out of the market after retirement? If I have calculated that I need to only remove 4% of my funds per year and I do that by selling once a quarter, sure I'll have to sell more shares when the market is down but I'll also sell fewer when the market is up and I'm not trying to time the market by only selling when the market is up to replenish a 5-year cushion.
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