So I'm real interested to hear what other people are doing before I commit. I'll be withdrawing from my portfolio in early 2024 and want to make sure I've got enough time to tweak it. I'll be an early-ish retiree (49) so I'm only focused on taxable. Unfortunately, being in a taxable account means crushing tax implications from liquidating and going to an LMP, so right now, I'm leaning towards a mix of the following:
- Taking Dividends and Interest in cash (funds about 40% of my SWR)
- Consume (not roll over) bonds/zeros maturing over the next decade (will be lumpy, but some years will cover about 50% of SWR)
- Slowly rebalance "up" to a 65% equity portfolio (at 55% now) -- basically move up 0.5%/year by selling X of non-equity assets to "glide" up (10% of SWR)
- I'll have a smattering of I Bonds as an "emergency" but I won't have enough time to make this a meaningful withdrawal source (about 2 years worth of expenses), but it can fill in any gaps from above and help with an inflation boost/bear market
- Another 5% SWR in VTIP/VMLTX to smooth any withdrawals