Today’s Hack
Is it possible to have a “dividends only” Retirement? We found an interesting article that explores how to achieve the mythical “dividends only” retirement plan.
In this episode, we discuss the article and why you may want to consider some of the cons to this method of retirement planning.
Join us on today’s episode as we break down these major topics:
- What is a true dividend? [1:01]
- Most mutual funds pay out a percentage of its earnings through dividends. [5:39]
- How much of a pay cut are you willing to take when companies reduce dividends? [ 7:26]