Retiring On Dividend Earnings
Bob Richards Bob Richards–Marketing and Financial ServicesOne of the challenges many older investors encounter when retiring is controlling their cash flow to provide appropriate retirement earnings. Unfortunately, common stock dividends come with no assurances as they can change. Companies are not required to pay them, and companies that do can suspend their dividends anytime as their business requirements dictate. Since [...]
Categories: retiring Tags: dividend paying stocks, retiring on dividend income
Stocks For Retirement Income
Bob Richards Bob Richards–Marketing and Financial ServicesA problem that affects numerous retired people is to create retirement income in the face of the growing cost of living. Despite moderate inflation, costs of living have a tendency to rise with time. This could reduce the purchasing power retirees can obtain from fixed income investment strategies, even while they need to meet [...]
Categories: retirement income Tags: bank certificates of deposit, dividend paying stocks
Strategic Retirement Investment Options
Bob Richards Bob Richards–Marketing and Financial ServicesThe hypothetical scenario: ‘You’re in your mid-60s and finishing your last year of working. You and your wife both receive Social Security totaled at about $20,000 per year and you have about $500,000 in your IRAs. With your job you’ve been breaking even spending about $45,000 a year. You’re a conservative investor. Question: What [...]
