Here are my approximate percentages of income sources for 2024.
53% Interest and Dividends
27% Social Security
20% Rental Income
0% IRA/401K withdrawals
We have no pension.
Having interest rates in the 4-5% range has been a great benefit. My plan is for interest rates to continue in the 4-5% range until 2030. If interest rates drop, we may need to make some IRA withdrawals or sell some stocks for a Long Term capital gains.
This is not financial advice. Please consult a professional advisor.
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