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In the 6% (5 or 4) withdrawal plan, is it assumed that income is also withdrawn or is it reinvested?

2006-10-27 09:53:59 · 2 answers · asked by Waxy 2 in Business & Finance ➔ Personal Finance

2 answers

Reinvested

2006-10-27 10:21:40 · answer #1 · answered by Ethan 2 · 0⤊ 0⤋

All income is reinvested, and you only withdraw the chosen % of the new total.

2006-10-27 19:19:39 · answer #2 · answered by Judy 7 · 0⤊ 0⤋

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