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Eldercare
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would you be opposed to spending down the principal? [/quote] Not OP, but we are in the same boat. The point is to build generational wealth and pass down our portfolios to our children. If we can get away with living on our dividends, that's the ideal solution. [/quote] That’s not really the point. The main point is to ensure your kids don’t have to pay for your care…if that means using your principal so be it. Of course the ideal situation is to live a nice life independently and then die peacefully in your sleep at a ripe old age without any multi year incapacitation…but then life happens.[/quote]
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