Early retirement is achievable. This book is for retirees and early retirees that want to generate high monthly income with low risk and limited savings.
The age-old 60-40 portfolio no longer works (60% stocks and 40% bonds) – as bonds return 1% (less than inflation) and stocks are overvalued.
Jim McDonald, chief investment strategist at Northern Trust states “Investors will need to take on more risks to meet their long-term needs.”
Retirees that invested in 2000 and 2008, lost more than 40% of their principal and it took them 7+ years to recover their money.
Therefore, they cannot chase the high-income alternative assets that some investment managers recommend.
This is what the book will show you. I’ll share my favorite investments that have all the attributes retirees need: high income, low fees, downside protection, paying monthly – for a set-it-and-forget-it strategy.
I write simply – so you don’t need advanced financial knowledge to understand the concepts and implement the strategy.
We have 15+ years of experience in the financial industry where I have experimented with various monthly income strategies over the years. There are very few investments for retirement income that make the cut and are safe in both bull and bear markets. My goal is to share these strategies so you can live a financially stress-free retirement.