GCC Asset Allocation 2023

We have been living off our portfolio since late 2012 (~11 years.)

Life has evolved substantially in that time – we started as 2 carefree kids exploring the globe. Now we have 2 carefree kids and live in the suburbs.

Our core portfolio, on the other hand, has remained largely consistent… with the exception of adding a significant real-estate component (our house.)

I’ve updated some charts and created some new ones so we can all see what happened.

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Big Spending, Little Income

When you work for a living it is important to live within your means. Every budget and finance tool available will scream at you if spending exceeds income.

In retirement, it is also important to live within your means. But your means is no longer tied to income. In fact, there is zero relationship between income and spending when you are living off assets.

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