Search found 7 matches

by ricks1433
Sat Oct 12, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8193

Re: What’s the proper way to pay yourself in retirement?

Thank you to everyone for all the insightful answers! Will also take a look at the book recommendations! Appreciate it all! :sharebeer
by ricks1433
Fri Oct 11, 2019 4:57 am
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8193

What’s the proper way to pay yourself in retirement?

Hi, Once a person retires, what is the best way to pay yourself or ensure a constant stream of money? I read lots of articles on saving and building the nest egg but not many on what happens once you are retired. Let’s say someone (a retiree) had a million dollars worth of ETF’s in a three portfolio...
by ricks1433
Wed Oct 09, 2019 3:15 pm
Forum: Personal Investments
Topic: SEP is Maxed... Now what???
Replies: 8
Views: 677

Re: SEP is Maxed... Now what???

Thanks for all the questions. I’ve updated the original post with more details about me. Not familiar with backdoor Roth.
by ricks1433
Wed Oct 09, 2019 5:30 am
Forum: Personal Investments
Topic: SEP is Maxed... Now what???
Replies: 8
Views: 677

SEP is Maxed... Now what???

Age: 48 Business: Sole proprietor LLC with no employees Marital Status: Married State: CA Spouse is stay home mom but I could probably find her a job in the biz doing office work if needed for her 401k (if that’s an option?) ———————————————— Hi All, I'm a small business owner and this year has been ...
by ricks1433
Wed Oct 09, 2019 5:17 am
Forum: Personal Investments
Topic: Is this a good portfolio mix for a retiree?
Replies: 22
Views: 2817

Re: Is this a good portfolio mix for a retiree?

This site is awesome! Thank you all very much for the recommendations! :D :D :D
by ricks1433
Thu Sep 19, 2019 8:45 pm
Forum: Personal Investments
Topic: Is this a good portfolio mix for a retiree?
Replies: 22
Views: 2817

Re: Is this a good portfolio mix for a retiree?

Thanks. I updated the post a bit.
by ricks1433
Thu Sep 19, 2019 7:00 pm
Forum: Personal Investments
Topic: Is this a good portfolio mix for a retiree?
Replies: 22
Views: 2817

Is this a good portfolio mix for a retiree?

Hello, I'm looking for a simple 2-4 ETF Fund strategy for a retiree with cash sitting in the bank and currently not invested. Need something simple. Age: 67 and retired Funds: low seven figures all in cash now. Income: none Debt: none Six month emergency fund: already funded Here's where I plan on i...