The Motley Fool Discussion Boards
Retirement Discussions / Retirement
|Subject: Re: changing portfolio into Retirement income||Date: 12/13/2012 1:50 AM|
|Author: gdett2||Number: 286 of 294|
There is a number of things you can do now and in retirement. Here are some questions to ask yourself and maybe you can formulate the answers based on what you see.
First: What sort of income does it provide now? Does it produce any interest or dividends? How steady are the dividends? Are they reinvested automatically or manually?
Second: How comfortable are you with carefully selecting partial positions to sell?
Income from a portfolio comes from 2 basic methods.
1. Sell partial positions from appreciated investments. This method consumes the asset.
2. Have a dividend/interest paying portfolio that pays you without consuming the principal.