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URL:  http://boards.fool.com/dmmcbelk-there-is-a-number-of-things-you-can-do-30429507.aspx

Subject:  Re: changing portfolio into Retirement income Date:  12/13/2012  1:50 AM
Author:  gdett2 Number:  286 of 294

dmmcbelk,

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.

I a