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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: rayvt ⎊🐝  😊 😞
Number: of 12535 
Subject: Re: wife and I are 83 no kids-no need for any money to
Date: 03/22/2024 1:12 PM
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No. of Recommendations: 6
"Pension and soc sec cover our expenses now" Did you ever hear of inflation?

Yes, of course. Social Security goes up by CPI.
You didn't give any sort of hint or ballpark for your investments compared to expenses & income, and what percentage of the income is fixed(?) pension and what percentage is SS.

Also, at 83 your long-term is approximately next Tuesday. Don't buy green bananas. ;-)
Seriously, life expectancy at 83 is about 7 years.


If you have $1,000,000 you can put it in something like T-bills and withdraw $50,000 a year for 20+ years.

Personally, I am in the "run up the score" camp, so I'd invest in VUG and VTI.
Maybe put a couple years worth of pension income into T-Bills, in case of short-term bear market. That would only have to cover the shortfall of pension/SS from inflation.
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