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Which consulting firms still do work in Lebanon?
Hi Fishes,
Can you please give suggestion... I joined a company as a java developer... 3 yeo but when went into project I saw they r using HCL Commerce(they have ecommerce website)... Is this tech is good for java professional ? It's totally new for me. It's not like traditional java development project.
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If the other 85% is in tax advantaged accounts, you probably want to keep it there as long as you can, so the taxable accounts are the first to withdraw from.
Budget for your expected average expenses in retirement vs any other sources of (non-investment) income in retirement, like social security, pension if you’ve got it, rental income if you’ve got it etc to figure out what you actually need to draw down each year, and how many years the taxable account would take to be depleted. If it’s less than 10 years, that account should probably be invested 60%+ in fixed income now (and if less than 5y, maybe 90%+). You can keep more equities in the tax-advantaged accounts which have a longer runway.
At 60 there shouldn’t be any required distributions yet, no? 401k is at like 72. Of course take them into account when they come in, but I assume not for a while
Read How to Make Your Money Last by Quinn
There are a ton of considerations here and it will be a good reference book for other financial decisions you need to make in the next few years.
Similar situation. A couple years ago (retiring this year) I moved approximately 5 years of living expenses into cash with the rest in broad base equity index funds. I plan to replenish the cash as I use it if the market is performing well and to delay replenishing it if the market is performing poorly.