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Reply to "Switching to spending down savings "
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[quote=Anonymous]I fully retired a number of years ago but I had deferred a lot of compensation that got paid off the last five years but that will end early next year. It was so much that it each year it was close to my normal salary. But with pensions, social security and now required distributions from retirement accounts I will have a pretty good income but not enough so I will have to start tapping into non retirement accounts. I’ve always reinvested my dividends but next year I will start using some of those dividends to cover my income gap. Hopefully, I will not have to liquidate any principal but if I have to I will. I can’t take it with me! [/quote]
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