Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 6110

Personal Investments • Retirement Plan Suggestions

$
0
0
Assuming:

- the pension is inflation adjusted
- planning till age 95 (her) and 90 (him)
- pension + Social Security drops $350/month after his death
- target legacy of $250,000

the online planner for TPAW gives the following spending outcomes:

Image

They can spend $4,750 per month (57,120 per year) now. Median spending rises to $5,816 per month ($69,792) per year. If markets do poorly, at the 5th percentile, spending drops to $3,982 per month ($47,784) per year.

Median legacy is $218K.

Click on funding sources to see breakdown of funds from portfolio vs Social Security and pension:

Image

Asset allocation starts at at 58/42 now and glides down to 41/59 by max of age 95 (her).

Rebalancing a stock-bond portfolio to target asset allocation should be fine. Bonds would ideally be TIPS to reduce inflation risk. I don't think a CD ladder will help.

Link to plan: https://tpawplanner.com/link?params=GLC ... rTgGjajN9D

Statistics: Posted by Ben Mathew — Fri Mar 22, 2024 12:51 pm — Replies 5 — Views 239



Viewing all articles
Browse latest Browse all 6110


<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>