Let's say I have determined that we will need to sell $24k in shares in Vanguard to cover our monthly expenses. If the share price is high in Jan (based on historical price), would it be better to sell all $24k in Jan and place it in the bank or simply sell $2k in funds from vanguard each month?
It feels safer to cash out all $24k in Jan, if the prices are up, but I do recognize that all of the money I pull will no longer make money during the remainder of the year beyond a modest interest rate in the bank.
Is there an place online to simulate this or other options?
Thanks,
BJ