I'm curious how other people are answering the yearly income question for credit card applications. We are recently retired and living off investments so have primarily been spending dividends from our portfolio. Our AGI is around 35k a year just on the dividends from stock in our taxable account, and the rest of our dividends are tied up in retirement accounts. We have a few million in our investment portfolio and a 4 percent withdrawal rate would be around 120k per year. Would it make sense to add 120k per year to the application? Seems like I'm fudging things a bit.
Statistics: Posted by felizcortez — Sat May 04, 2024 4:21 pm — Replies 5 — Views 413
