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Greetings, 1BigBoy, and welcome. You asked:

<<I'm retiring in a couple of months and I'm planning to cash out. I'm considering managing my own funds. I want to know if I should invest all my funds in the FF. But I also need to draw monthly income from these funds. Is this possible? (I'm a rookie at this!)>>

Is it possible? Absolutely. Should you? That's debatable. How strong is your stomach when the market plunges ? You have to decide for yourself how comfortable you are with 100% of your stash riding on the stock market. Not many workers -- let alone retirees -- can take the heat of that kitchen.

I suggest you read the 23 or so posts in this folder under the subject Retiree Portfolios where this issue is discussed at some length. You can find them starting at this link:
http://boards.fool.com/registered/Message.asp?id=1040013000079000&sort=postdate . They will give you much to ponder as you decide how you want your portfolio invested.

Regards….Pixy
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