How a 76-Year-Old Collects $5,600 a Month From Just Two Funds: JEPQ and VYM
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The post How a 76-Year-Old Collects $5,600 a Month From Just Two Funds: JEPQ and VYM appeared first on 24/7 Wall St..
Replacing $5,600 a month from a portfolio means generating $67,200 a year in cash, roughly the after-tax spending of a comfortable retirement in most of the country. For a 76-year-old who has already stopped working, that number covers the grocery bill, the property tax, the Medicare supplement, and the travel fund combined. The question is how much capital it takes and what trad
Replacing $5,600 a month from a portfolio means generating $67,200 a year in cash, roughly the after-tax spending of a comfortable retirement in most of the country. For a 76-year-old who has already stopped working, that number covers the grocery bill, the property tax, the Medicare supplement, and the travel fund combined. The question is how much capital it takes and what trad
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