A financial friend of mine, an income-focused money manager, called me to brag about one of his clients. He’s used his CIR subscription to smartly help her turn a modest $387,000 nest egg into monthly dividend income that’s on track to last, well, just about forever.
Three years ago, he explained how he was using my “retire on monthly dividends” strategy to help this nice grandmother.
“She brought me $387,000,” he told me originally. “And wants to take out $3,000 per month for ten years.”
Well, so far, so good for grandma. She’s now 38 months into her $3,000 per month dividend gravy train.… Read more