You may not know it, but you could have enough money saved to retire right now.
Today we’re going to look at how you can pull a nice $30,000-a-year income stream from your current hoard, even if you’ve saved just $250K. Best of all, you could generate this cash stream without selling a single stock from your portfolio. That could very well be enough for you to clock out, or at least scale back your day job.
Along the way, I’ll also show you how to dodge some of the worst yield traps in dividend-land.
Be Wary of High-Yield Blue Chips
To be honest, I don’t know why anyone would be surprised that this approach is possible.… Read more