What You Need In Order To Retire Before Age 65 [View article]
I used a simple example with $50K in total expenses each year. For more complex examples, including changing medical costs, please go to the calculator at http://bit.ly/ylqKdW
Lower Your Tax Bill On REITs: MFA Financial [View article]
Yes, I believe I did point out that you must have capital losses to offset the gains. And the calculator takes this into account as well as transaction costs.
How Much Do You Really Need To Retire? [View article]
Thanks for the nice comment! Keeping spending below income in retirement should be the goal for a lot of people, as Regarded Solutions mentions above. That makes it much easier to sleep at night as funds will simply never run out. But it's not possible for some folks and they have to run more scenarios and come up with a different plan of attack. People in this situation can run the same scenarios I ran and come up with different options by using our retirement planner at http://bit.ly/ylqKdW
Retirement Strategy For Those 50 And Older [View article]
Bob- I agree with RS below. Expenses are key and the 4% rule should be thrown into the trash heap. I believe in the end that you must quantify your plan in terms of when you run out of money, especially if you want to spend it all. You can of course use our software to do this. You might want to sign up for a free trial and give it a spin. It will project for you when you would run out of money in retirement given various levels of expenses. Take a look here- http://bit.ly/ylqKdW
Retirement Strategy For Those 50 And Older [View article]
$4 million? Oh my. That is an absurdly high figure. That must have assumed that social security would not be there at all. Anyway, I am glad that you feel better about your own calculations now!
Retirement Strategy For Those 50 And Older [View article]
I would never advocate 100% stocks for those in retirement. In fact, I railed against this strategy for years, even before the market meltdown. But there is a place for a portion of most portfolios to be in the companies I mentioned, even if it's 20% of the portfolio.
Retirement Strategy For Those 50 And Older [View article]
In the scenarios I ran there is always a drawdown of principal. Most people will have to dip into principal in retirement these days with interest rates so low.
Eli Lilly: Dividend Total Return Analysis [View article]
That is a risk with LLY, as I pointed out. Their one year dividend growth rate is 0%. However, the high current dividend yield helps make up for the risk in my opinion. Also keep in mind that their payout ratio is relatively low so they have a lot of room to increase the dividend even if earnings are flat. Patents expiring are always a problem, but I am a big fan of pharmaceuticals in general given the aging population and health problems in this country. LLY is a well run company compared to most.
How To Plan For Your Social Security Or Pension Being Cut [View article]
Yes, there is no difference between that and somebody breaking into your home really. But this is the reality of the situation. Those under age 55 might not see their full social security payments.
What You Need In Order To Retire Before Age 65 [View article]
Lower Your Tax Bill On REITs: MFA Financial [View article]
Is It Time For Fixed Income In Retirement Accounts? [View article]
How Much Do You Really Need To Retire? [View article]
How Much Do You Really Need To Retire? [View article]
How Much Do You Really Need To Retire? [View article]
Abbott Labs - Dividend Total Return Analysis [View article]
Retirement Strategy For Those 50 And Older [View article]
Retirement Strategy For Those 50 And Older [View article]
Retirement Strategy For Those 50 And Older [View article]
Retirement Strategy For Those 50 And Older [View article]
Retirement Strategy For Those 50 And Older [View article]
Eli Lilly: Dividend Total Return Analysis [View article]
How To Plan For Your Social Security Or Pension Being Cut [View article]
How To Plan For Your Social Security Or Pension Being Cut [View article]