Tom’s Blog

I’m really liking finishing barrels right now!

I look at my imagined wine barrels and large vat every December 15, but it’s good for me to take a snapshot of what has happened since my sale of securities on December 3 for our 2019 Safe Spending Amount. (That has turned out

What happened on December 15, my day bottling the wine I’ll drink next year?

This is my imagined workday every December 15. I even mark this day as “Bottling Day” on my calendar. I imagine that I dress warmly for my annual work task out in our garage. The high was 46this year, warmer than in recent

What do we do to lower risk in our financial retirement plan?

The calculation year for Patti and me ended November 30. I sold securities the next business day – Monday, December 3 – to get our total Safe Spending Amount (SSA) for 2019 into cash. Then my portfolio took a sudden, steep hit. My stocks declined

What’s our calculation of Safe Spending for 2019?

I knew this before entering our 12-month returns ending November 30 into our calculation sheet: our Safe Spending Amount (SSA) – the amount that results in zero probability of depleting our portfolio through 2034 (Patti’s age 87) – is unchanged in spending power for 2019.

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