My friend Jay sent me an article years ago that argued the best withdrawal strategy for retiree was “Bonds first.” You set a constant dollar withdrawal amount for spending and an initial mix of stocks and bonds. You sell bonds for your spending until you’ve

For many years I fiddled annually with my stock portfolio. Decades ago, I would spend hours and hours trying to pick winning stocks. Years ago, I would spend hours trying to pick winning, actively managed stock mutual funds. I stopped all fiddling for the last

I have no idea if you like to spend on travel. Patti and I really look forward to traveling, and it’s our biggest category of discretionary spending by far. It’s been 22 months since we traveled abroad, and we just got back from our trip

You DO NOT want to buy an annuity to substitute for bonds in your portfolio! I read this article about a month ago, “Using Annuities During Retirement: When to consider annuities rather than bonds.” The article suggests that one should seriously consider buying an annuity