From Go Curry Cracker …
When you are accustomed to saving a high percentage of income every month, quitting your job and living off your portfolio can be intimidating. Instead of receiving a steady stream of paychecks, suddenly money is flowing out of those accounts! Income becomes inconsistent.
There is a mix of 401k/IRA, Roth, and Brokerage accounts with different rules and tax treatment for withdrawals, as well as typical checking and savings accounts.
I’ll share how we manage our Cash Flow, and hopefully answer these questions and more.