I started questioning my entire investment strategy. I had built a stock portfolio for growth, and was sure it was a horrible mistake.
I had already quit my day job to live off stocks, but was only getting $3,798 in dividends.
That’s the reason retirees love “income portfolios.” They invest their nest egg in things that generate enough income to fund their retirement. Typically stocks like AT&T or Coca-Cola or whatever that pays a fat dividend.