People that have stable income can take more risk with the portfolio. So nobody said you can't it shouldn't.
On the other hand, what are you trying to achieve with the higher AA? Sounds like it's not higher legacy. Do you want more fun money because you want more than the $2.4M would provide? If you don't need more upside, there is no reason to take more risk.
Have you guys looked at VPW? Stable minimum income and no heirs could make you ideal candidates for that withdrawal method. It aima to maximize how much you can spend earlier, but require flexibility when the market is bad. Even if you decide it's not for you, running the numbers for different AAs can give you a feel for the upside and downside of higher AAs.
On the other hand, what are you trying to achieve with the higher AA? Sounds like it's not higher legacy. Do you want more fun money because you want more than the $2.4M would provide? If you don't need more upside, there is no reason to take more risk.
Have you guys looked at VPW? Stable minimum income and no heirs could make you ideal candidates for that withdrawal method. It aima to maximize how much you can spend earlier, but require flexibility when the market is bad. Even if you decide it's not for you, running the numbers for different AAs can give you a feel for the upside and downside of higher AAs.
Statistics: Posted by Raspberry-503 — Fri May 10, 2024 8:20 am — Replies 9 — Views 452
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