Dividends4Life: Retirement Income With Dividends

Retirement Income With Dividends

Posted by D4L | Tuesday, July 16, 2013 | | 0 comments »

How much retirement income can you generate from your 401(k), IRA or other savings? It's a critical question because it will affect how much money you'll have to spend for the rest of your life. The answer can vary widely depending on a number of factors, the most important being the retirement income generator that you use. Your age, sex and marital status also have a significant influence. And your income will depend on a number of economic factors, such as interest rates, dividend payout rates and annuity purchase rates in effect at the time you retire.

One way to generate retirement income is to invest in a mutual fund that pays a regular dividend and then use just the interest and dividend payments to cover your living expenses. Because you aren't dipping into your principal, there's a very good chance you won't outlive your money. This method also offers the maximum flexibility and access to your retirement savings. The downside is this method produces the lowest amount of retirement income, as you'll see from this scorecard.

Source: CBS News

Related Articles:
- 10 Quality Dividend Stocks Trading Below Their Fair Value
- Warren Buffett's Two Investing Rules For Dividend Investors
- 10 Stocks That Have Paid Uninterrupted Dividends Since 1899
- Mid-Year 2012 Top And Bottom Performing Dividend Stocks
- A Simple Approach To Earn More Than 4% In Dividends

Click here to have future posts delivered to you for free!



Post a Comment


Latest From Dividend Growth Stocks

Popular Posts Last 30 Days