A passive income strategy to ‘set yourself up nicely’ in retirement
Whether you’re looking to retire early or after a long and fulfilling career, you’ll have to find a way to replace your salary when you’re no longer collecting a paycheck.
Depending on your age, you may be able to collect Social Security, and a fraction of people can count on income from a pension.
But for millions of Americans, funding a retirement either means living off your savings or relying on some form of passive income. The former often involves gradually withdrawing money from your retirement portfolio. The latter conjures all sorts of images, from renting out vacation properties to affiliate marketing.
That’s where a portfolio based around dividend-paying stocks can be a lifesaver, says Brian Bollinger, founder of Simply Safe…
