Share to Twitter Share to Linkedin A terrible 2022 is our income treat. There’s never been a better time to retire on dividends than right now . Today we’re going to spotlight three diversified dividend funds that yield 8% on average. That’s right, put $500K into these tickers and we’re looking at $40,000 per year in payouts. Or $80,000 on a million. You get the idea. This is what I call a secure 8% “No Withdrawal” Portfolio where we get to retire on dividend income alone, without ever touching our capital. (The strategy has become so popular that Tom Jacobs and I wrote a book on it!) No Withdrawal Fixes Wall Street’s Flawed Advice In past decades, a big nest egg was enough to retire on. And a plain vanilla strategy like the “4% withdrawal rule” would help it last for decades. The 4% strategy says that someone with a million-dollar portfolio can withdraw $40,000 per year. And no matter the market’s swoops and swoons, the money would last … [Read more...] about How To Retire On Dividends In 2023