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‘I feel like I’m investing just to afford taxes and broker fees.’ I’m 72, have a cushy amount of money invested and was withdrawing 4% a year, but once I pay fees and California taxes that won’t be enough. Should I ditch my financial adviser?

Question: I have a comfortable balance in my investment account but have a question about only taking out 4% of my total each year (if necessary). Totaling my federal and state taxes (I live in California), and paying estimates for the next year, plus adding in my broker fees actually totals 4% of my investment balance. Basically I feel like I’m investing to pay taxes and broker fees!
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