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Personal Finance and Investing

JT45242

(3,077 posts)

3. Average rate if return for good mutual funds is 7 percent long term

Reply to brush (Original post)

Wed May 5, 2021, 04:49 PM

May 2021

So, if you invested in a mutual fund like putnam, $400 a month would be 6 percent withdrawal rate. A little higher than the 5 percent that is usually safe.

We did this with my mom's money for many years.

Just have to watch for a 2008 type crash.

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Yesterday some with 80k wanted advice on how to get $400 monthly... [View all] brush May 2021 OP

Seeking Alpha is a good resource jmbar2 May 2021 #1

Thank you so much. brush May 2021 #2

Average rate if return for good mutual funds is 7 percent long term JT45242 May 2021 #3

What if you're looking for month checks to supplement SS and othe income? brush May 2021 #4

Just don't try to time the market. PoindexterOglethorpe May 2021 #5

I googled "monthly dividend etf strategies" bucolic_frolic May 2021 #6