Combine a high yield portfolio (such as preferred shares) with a lower yielding portfolio that grows its dividend amount rapidly, manage cash flow carefully, and you can get to 5% safely. But again, never sell any shares.I understand the "high yield portfolio" (stock in companies with high dividend payouts or a fund of them), but I don't understand "lower yielding portfolio that grows its dividend amount rapidly". Examples, please!Also, isn't setting a reasonable withdrawal rate the same as "manage cash flow carefully"? Or is there some more specific actions needed?joe
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