Investing
How Should I Title my Accounts?
Submitted by Mission Financial Planning on August 17th, 2020Using Dividends for Retirement Income
Submitted by Mission Financial Planning on June 14th, 2020
While you are working, you add money to your investments to build a nest egg. In retirement, it’s time to start taking that money back out. The income goal in retirement is to mimic the paycheck you were receiving while you worked. This new “paycheck” often comes from several sources, including Social Security and/or pension payments, and perhaps rental incom
How to Accumulate Wealth by Investing More Money into your 401k
Submitted by Mission Financial Planning on April 16th, 2020Investing for Income
Submitted by Mission Financial Planning on April 6th, 2019Investing in retirement takes a different approach than investing to build wealth. In retirement, investing for income becomes much more important.
A 4% Withdrawal Rate in This Market
Submitted by Mission Financial Planning on August 16th, 2017A convenient truth of a 4% withdrawal rate in this market is that dividends and bond income will come pretty close to covering it. However, once you start withdrawing more than the income the portfolio can predictably produce, you are relying on growth to fund your spending.