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 Annual budget tracker (Google spreadsheet), For your financial planning

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MUM
post Jul 16 2021, 11:34 AM

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QUOTE(wongmunkeong @ Jul 16 2021, 11:13 AM)
................

now, close to retirement, already put in my papers - semi-FIRE at 49.
soon i'll be spending 80% of my dividends & reinvesting 20% of them.

............
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hmm.gif just thinking, will any just in case black swan events,...mkts crashed n stayed bad for few years,...will the dividend be impacted as you need 80% from it for your retirement expenses?

This post has been edited by MUM: Jul 16 2021, 11:37 AM
MUM
post Jul 16 2021, 12:15 PM

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QUOTE(wongmunkeong @ Jul 16 2021, 12:09 PM)
yeah, agreed.
Be prepared for the worse, hope for the best

My calc is based on 2/3 of my 2020 dividends & i've cash backup based on flexi mortgage re-drawal + SSPN if needed
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thumbup.gif good reserves...
but if your are retired,...after having "withdrawed" for those to supplement,....
i am just concerned of the method of replenishing those sweat.gif sweat.gif
MUM
post Jul 16 2021, 01:19 PM

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QUOTE(wongmunkeong @ Jul 16 2021, 01:07 PM)
there's where the long game is - other than dividend stocks & REITs, also holding "normal equities" + didnt count stuff like SSPN % and cash backs XD
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thumbup.gif thumbsup.gif notworthy.gif notworthy.gif
so it is more to just this then "soon i'll be spending 80% of my dividends & reinvesting 20% of them".
notworthy.gif

 

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