No. of Recommendations: 0
>>I think your desire to squeeze 30K in income out of 500K is not only reasonable but can be done in such a manner as to increase both your income and capital over time.<<

Yes, I agree. If this were not true, I would think that my retirement would be premature.

>>I would recommend reading "The Dividend Investor" by Harvey C. Knowles III & Damon H. Petty or Standard and Poors' "The Dividend Rich Investor" by Joseph Tigue & Joseph Lisanti.<<

I'll look these two up on my next trip to the library. As I see it, stocks that pay significant dividends are a good way to hedge your bet during retirement. (As an ex-smoker, I can't stomach buying Philip Morris, however!)


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