How to Retire on Dividends: Earn a Safe 8%, Leave Your Principal Intact

November 10, 2019 - Comment

“Read and learn from this book or become a Walmart greeter. Your choice.”–Richard Fields, Retirement Expert. Wall Street warns you to withdraw only 4% a year when retired. But Main Street retirees have an advantage. You can obtain 6%, 7% and even 8% annual dividend yields–triple or even quadruple the S&P 500’s yield–without reducing principal

“Read and learn from this book or become a Walmart greeter. Your choice.”–Richard Fields, Retirement Expert. Wall Street warns you to withdraw only 4% a year when retired. But Main Street retirees have an advantage. You can obtain 6%, 7% and even 8% annual dividend yields–triple or even quadruple the S&P 500’s yield–without reducing principal or taking on unnecessary risk. Skip Wall Street’s low-yielding, blue-chip, “dividend aristocrat” BS and learn how from Brett and Tom!

Comments

Anonymous says:

Decent overview, but downplays risk Book reads like his subscriber Contrarian Income report, published monthly. Jury still out on whether the highly leveraged CEF and bond funds will tank with market correction. Should have been more discussion on risk, including beta, and other risk metrics. Brett’s track record not bad, but I wouldn’t put all retirement savings into the “8% plan”. There is something to be said for ETFs and dividend aristocrats that have stood the test of time; albeit at a lower % return. Do agree with 50/50…

Anonymous says:

Eye-opening opportunities in income generating investments I’m a registered financial adviser and think that this book is an incredibly practical guide to some frequently overlooked corners of the market, containing compelling strategies that individual investors, or boutique adviser shops, can use to provide higher income than is generally acknowledged, with minimal principal risk, through the use of actively managed closed end funds (CEFs) and income-producing stocks. I appreciated how the book lays out an approach to disciplined purchasing based on…

Anonymous says:

Time and money well spent I have been following Brett’s dividend driven financial advice for the past few years through his subscription newsletter so I decided to give this a read. This book was a great primer, with a lot of specific insights interspersed, outlining his sound advice. The great thing about the methods and strategies he and Tom outline is that they are sound for any market – eliminate as much risk as possible without shooting yourself in your foot. No complaints at all about investing $10 and a few hours…

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