03-04-2017, 08:04 PM
Being in the accumulation phase myself, I haven't run any real numbers in regards to what I need in order to retire, or what do I need to yield from that hunk of cash. For the time being I'm quite content doing what I've been doing the last 3 years and just keep chugging along. I do have a number in my head; however, its not set in stone and I'll know more within 5 years of retirement.
Another thing to look at is where is this money coming from and how will it be taxed? Or if a ROTH, there will be no taxes due which would help alleviate the reach for that 8% overall yield.
Another thing to look at is where is this money coming from and how will it be taxed? Or if a ROTH, there will be no taxes due which would help alleviate the reach for that 8% overall yield.