We are ages 81 and 78. We hold about one years worth of expenses in the Vanguard Short-Term Inflation Protected Securities Fund and about 6 months of expenses in the Vanguard U S Treasury Money Market Fund. We never let our bank account balance fall below $3,000 and transfer from our MM fund as needed. RMDs, net of income tax withholding, go partly into our taxable brokerage accounts and the balance into our MM fund - based on anticipated needs for the next year (we take our RMDs in a lump sum in December).
Our expenses are quite variable, impacted by things like the amount of gifting, vacation expenses, home remodeling, automobile purchases, etc.
Our expenses are quite variable, impacted by things like the amount of gifting, vacation expenses, home remodeling, automobile purchases, etc.
Statistics: Posted by dkturner — Fri Aug 16, 2024 3:38 pm