01-08-2022, 10:29 AM
(01-08-2022, 09:05 AM)fenders53 Wrote: Are your dividends spread out through the months? Mine are not which I don't see as a problem. I think I will take my withdrawals quarterly. I won't really know if I like that until I live it.
Not sure what you mean - I have dividends coming in every month. Right now everything pays quarterly. There's some variability, maybe 20% between highest and lowest months in a cycle.
I'm figuring on managing things quarterly but the reality is when my savings account gets drawn down I'll transfer funds. Earliest this might happen will be late April/early May. May is my biggest expense month of the year and 2nd place isn't close. Property tax, insurance, and car registrations are all due. But right now the savings account balance is the largest its been in decades, same for cash balance in the investment accounts. I could go a year from those but should probably keep a buffer in place.
Have a hefty emergency fund too but poor cash management on my part shouldn't be an emergency.