u/Hippo_Over

I own VSMGX in a Roth IRA. Question is regarding spending down the money when needed. The problem I think I have is that you cannot get money out of it without selling both equities and bonds. Say the market is down, would I rather have VTI/VXUS/BND where I could then sell some of BND and live on that while I wait for VTI/VXUS to recover?

Surely I wouldn’t want to sell the equity portion during a down market? I know it rebalances automatically, however I’m not sure it works the same as a target date fund. Reallocating 3 separate funds isn’t difficult and being able to just sell the bond during a downturn or needing the money only makes sense instead of selling the equity needed to bounce back. I figured you would want to be able to sell the bonds to be able to buy more equity? Feedback appreciated. (I’m 53 and also own a traditional IRA with Vanguard 2030 target date fund valued at $600,000 and a MM with $150,000).

I own VSMGX in a Roth IRA. Question is regarding spending down the money when needed. The problem I think I have is that you cannot get money out of it without selling both equities and bonds. Say the market is down, would I rather have VTI/VXUS/BND where I could then sell some of BND and live on that while I wait for VTI/VXUS to recover?

Surely I wouldn’t want to sell the equity portion during a down market? I know it rebalances automatically, however I’m not sure it works the same as a target date fund. Reallocating 3 separate funds isn’t difficult and being able to just sell the bond during a downturn or needing the money only makes sense instead of selling the equity needed to bounce back. I figured you would want to be able to sell the bonds to be able to buy more equity? Feedback appreciated. (I’m 53 and also own a traditional IRA with Vanguard 2030 target date fund valued at $600,000 and a MM with $150,000).

We all want to retire, but we all don’t have pensions. We all need to pay for healthcare and we all wanna retire early. I live in the United States of America and I’m 53 years old my wife is 57, we have a total of 2.75 million in 401(k)’s traditional. We owe 150,000 on our mortgage. Our kids college has partially been paid and they can pay the rest in loans. We do not have any pensions and and for those that have one if you can refrain from commenting how that benefited you it’s appreciated. We want to live off approximately $95,000 annually with the hypothetical 30 year longevity. We’re in good health. How much has health health insurance cost you annually? We do not have any real health issues other than a few medication’s that are somewhat expensive. Our cars are primarily paid off. no big bills, other than electric, water, food, misc entertainment and dogs/cat food nothing crazy. I plan on going to a fiduciary to review our finances and have them give us a plan on how to approach spending our retirement funds. We have a $150k brokerage account, 2.5 mil in traditional 401(k), and $150,000 Roth IRA and I believe the first way we want to start spending that money down is by getting rid of the brokerage account then Roth, but I don’t know for sure so any input on that is also appreciated. I know there are budgeting tricks one needs to do in order to be under a certain dollar amount to qualify for the best monthly ACA insurance fee. What is that and if you will provide any input it’s appreciated, minus how you were able to retire because you had a pension or health insurance was paid by your company. Thanks.