UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next
Author: jbrains Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35  
Subject: Re: My Plan Date: 10/27/2001 8:36 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I suppose I should point out that this is just my retirement savings, and that the $25k/year withdrawal is after-tax according to today's tax rates. That's a risky calculation, at best.

It assumes that my investments in KO and IBM, held outside my RRSP, become valueless. I certainly hope that's not the case, and I intend to continue to invest in those companies indefinitely.

It also assumes that my savings held outside my RRSP, not necessarily invested in stocks, become valueless. That should not happen. At my current rate, my non-RRSP savings are about 50% as much as my RRSP savings, and although they may not draw the same kind of interest over time, I can at least keep the rate of return above inflation -- for now.

<jbrains>
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Macro Economics

The Future, or What's Left of It
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement