Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
V,

"For every dollar in our portfolio the day we retired, we have remove $1.46.

So, over the 12 years you have been retired, you have withdrawn $146,000 from a $100,000 initial portfolio (for example). That is pretty interesting."


I posted somewhere here on the Fool when I realized we had withdrawn more than our portfolio value when we retired. Not really sure, but I believe it was 2014.


"Our portfolio growth YTD is 5.59% which in dollars is 2.8 years of our living expenses.

Is that growth after withdrawals, or gross?"


We have just 1 small withdrawal so far this year, just 19 days in to the year. It would add maybe .01% or .02%. Besides, the current number is 5.89% and 2.98 years of expenses, but we still have NAV to post around 5PM CST.

Next Wednesday or Thursday, I will transfer the sale cash from today to checking as a withdrawal. It will be about 1% of our portfolio.

In the past, I maintained mortgages. With rates below 6%, we easily made more money than the interest we paid on that amount. The only year since retiring that this was not true was 2008, when we bought the property. This mortgage isn't deductible for us now. (has nothing to do with the recent tax changes.) Paying off the mortgage now will simplify our monthly cash flow and more importantly, make it easier for DW in the future when I "depart." Her ability to manage has always been my number one concern when planning.

Does that help you?

Gene
All holdings and some stats on my profile page
http://my.fool.com/profile/gdett2/info.aspx
Print the post  

Announcements

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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.