I recently FIREd, and am enjoying every minute of it. I thank this (migrated?) community for their stories, struggles, successes, and wisdom. Adaptation to a life of FIRE has been pretty easy, except for one thing. Prior to FIREing, I kept a close eye on my portfolio, the markets, and everything financial. As you know, if you’re driven to FIRE, it takes a bit of effort to keep things fresh in your portfolio. To some, managing your own portfolio can be a hobby, or other form of enjoyment. Not me. I get no joy in monitoring the markets. I would now prefer to focus on living and not financial management. Question: do you have any suggestions on the best way to put a portfolio on autopilot? What I’m seeking is something bot-like that monitors my holdings, applies a variety of policies, and alerts me when action is needed. Some factors:

I’ve looked at managed account options. They all seem to be pricy offering little in return. This option seems viable to those with > $10M.
I’m reluctant to go with “target” funds. They don’t seem to be very efficient, and are not at all tunable.
There seem to be some promising software packages out there that go beyond mere monitoring.
I don’t think ChatGPT is quite ready for this task :).

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[–] DogMom 2 points 1 year ago

I retired 2 years ago and wanted to do the same thing. I consolidated all of my financial holdings to Fidelity. I already had a four fund portfolio set up so it is just a matter of once a year rebalancing to my desired allocation. I've been doing my withdrawals on an annual basis when I rebalance and manufacture income for ACA purposes. I use my cash management as a checking account so I don't have to transfer money when I need it. I use a credit card for all purchases so it's just a matter of logging in once a month to pay off the credit card. That's about as hands off as I could get it. So far it's working well.