switch2richnow

earn in a passive way…


Leave a comment

Investment Advice for Cash Position..

Greetings Fellow Mustachians,
I wanted to see what you guys thought about this.  This year I started using the 72t option on my IRA to start taking distributions.  I withdrawal a little over $10,000 a year from the account and currently have 8 years worth of withdrawals sitting in the Vanguard Prime Money Market fund.  Since I’m getting .01% in this account, I am not even close to keeping up with inflation.

I am thinking about keeping 2 to 3 years worth of withdrawals in the Prime fund, but I would like to put some money in another fund that would earn some return.  Over time I would slowly roll money back to the prime account for withdrawal purposes.  I am just not sure where to look among my Vanguard options.  Any thoughts or ideas?