It’s not as safe as you think. In normal situations, market orders fill almost instantly.
If the market drops below your threshold due to major news, like the Covid shutdowns, your sell order will enter a queue. Depending on the ability of your brokerage to execute orders in competition with the rest of the market, your sell order may complete quickly, or not. You’re potentially taking a huge loss.
I’d recommend building up your savings account. Getting more than 4.5% in a risk-free HYSA is an easy choice in this case.
Personal finance, like legal advice, is region specific. Like Reddit, there are PF communities, like !personalfinancecanada, to get specialized advice. The main community is treated as US centric.
Charts in Ynab4 were fairly sophisticated. For example, I could easily drill down into categories on monthly income/expenses. They also looked great since the devs put a lot of thought into the UX.
I switched to Moneydance after nYnab came out and Ynab4 was killed off. I’m not an adherent to Ynab’s budgeting philosophy and I didn’t see the worth in the monthly fee.
Like Ynab4, Moneydance is a standalone product. It’s manual accounting, which I don’t mind. It’s quick to enter transactions, has a nice summary view, and can backup to separate locations. When I decide to migrate, I can export my data to QIF or other formats.
It’s not just about the years spent in retirement, but what you’re doing. This is something I heard from a financial advisor - Retirement happens in phases.
Go-go phase. Years spent in relatively good health. Add extra budget for travel or big-ticket items to enjoy, like an RV.
Slow-go phase. Staying close to home, maybe spending time with grandkids. Increased medical bills.
No-go phase. No travel, but largest medical bills.