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Subject:  Getting cash from a stock portfolio Date:  6/12/2000  1:29 AM
Author:  boib Number:  4195 of 19738

I have always put money into the market. A dollar here a dollar there over the years has added up to a portfolio of about 200K. Now that I'm about to retire I want to take some money out.

It sounds fairly simple with a 200K portfolio to have an income of $1000 per month. A withdrawal rate of ½ of 1 % each month or 6% per year. Where I have a problem is how to convert this to a steady income stream. My portfolio has 10 holdings fairly evenly balanced. Some pay dividends some don't . I hold a Foolish 4 screen as four holdings and 2 MI screens which I consider 1 holding each. The remaining 4 holdings are MSFT NOK and 2 Canadian Companies. ( I'm Canadian… different cap gains and dividend taxation)

Any suggesst