Excerpt:
My peace of mind comes from having income-producing stocks and bonds and withdrawing less than what they're producing," Mr. Anuje said. "I'm eating the fruit off the tree, not the seeds."
http://www.nytimes.com/2003/08/17/busin ... I.html?th=&
NYT on SWR
Moderator: hocus2004
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Re: NYT on SWR
Hocus,
This article is part of the NYT archive and as such is not viewable without paying for it. Sounded interesting though.
This article is part of the NYT archive and as such is not viewable without paying for it. Sounded interesting though.
hocus wrote:Excerpt:
My peace of mind comes from having income-producing stocks and bonds and withdrawing less than what they're producing," Mr. Anuje said. "I'm eating the fruit off the tree, not the seeds."
http://www.nytimes.com/2003/08/17/busin ... I.html?th=&
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Petey, this appears to be the same article: http://www.chron.com/cs/CDA/ssistory.mp ... ss/2053189 At least, that's all I found searching on "Anuje income-producing stocks and bonds". The article includes bombshells such as this:
That leaves you to wonder what opinion the other financial planners had.Ultimately, the key to keeping secure in a market downturn is a conservative withdrawal rate, several financial planners said.
He who has lived obscurely and quietly has lived well. [Latin: Bene qui latuit, bene vixit.]
Chips
Chips
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Ah, the wonders of syndication!
Thanks Chips.
Petey
Thanks Chips.
Petey
therealchips wrote:Petey, this appears to be the same article: http://www.chron.com/cs/CDA/ssistory.mp ... ss/2053189 At least, that's all I found searching on "Anuje income-producing stocks and bonds". The article includes bombshells such as this:
That leaves you to wonder what opinion the other financial planners had.Ultimately, the key to keeping secure in a market downturn is a conservative withdrawal rate, several financial planners said.