I retired last year, though I won't need to touch my portfolio to any significant degree for some years. But there are people whose livelihoods and life's savings are being severely injured over this nonsense.
DH retired a couple months ago and unfortunately we are making monthly withdrawals from our 401k. I am still working and looks like i’m going to be working a lot longer than i planned at this point. Considering stopping the $ from the 401k and using savings instead but also dont want to decrease liquidity right now. Unfortunately I worry that the mass hysteria is going to cause real economic damage and the recovery may be slower that thought
“...I retired last year, though I won’t need to touch my portfolio to any significant degree for some years. But there are people whose livelihoods and life’s savings are being severely injured over this nonsense....”
We’re kinda in that same boat as yourself. We only pull the dividend portion off the portfolio occasionally when we want to purchase something large, but don’t need or touch, the principal for anything at all.