How To Retire Comfortably On Just $500,000
October 07, 2016 at 06:00 AM EDT
Most financial advisor hacks are dead wrong. You CAN comfortably retire on a modest $500,000 investment portfolio. Of course you’ve heard the warnings that retirement is getting harder – and they’re true. With U.S. Treasuries paying paltry returns, it is harder to find a risk-free income stream for your golden years. But there are low-risk “bond proxies” that can offer over $50,000 in dividends per year on an initial investment of $500,000. All you have to do is buy now and sit tight. The secret is a superstar dividend growth portfolio that follows a few simple principles. First, we don’t want to overpay – so we’re only going to choose stocks with P/E ratios below 25 (and most of these stocks actually have a P/E ratio below 20). ... Read more
