01-01-2022, 04:54 PM
Yes, I always say I have three raises coming in retirement:
age 62 - SS eligibility - not a guarantee I take it but I could
65 - Medicare
67 - Mortgage paid off
If the 6% div increase happens each of the next 3 years and inflation settles down AND my budgeting before retirement approximates what I actually spend, then by 62 I'll be about where I need to be re living off dividend income alone from my taxable account.
But I could decide I need more than one BAT - Big-Ass Trip - each year or something.
age 62 - SS eligibility - not a guarantee I take it but I could
65 - Medicare
67 - Mortgage paid off
If the 6% div increase happens each of the next 3 years and inflation settles down AND my budgeting before retirement approximates what I actually spend, then by 62 I'll be about where I need to be re living off dividend income alone from my taxable account.
But I could decide I need more than one BAT - Big-Ass Trip - each year or something.