An income-focused money manager friend of mine bragged to me about what he did for one of his clients.
Namely, he’s used his Contrarian Income Report subscription to smartly help her turn a modest nest egg of about $390,000 into monthly income payouts that should last…well, virtually forever.
Three years ago, he explained how he used my “retire on monthly dividends” strategy to help this nice grandmother. Here was the situation:
“She brought me $387,000 … and wants to take out $3,000 per month for 10 years.”
Well, so far, so good for Grandma.
She’s now 38 months into her $3,000-per-month dividend gravy train.… Read more