1. pay $20 a month and use a retirement planning software. "new retirement" is most common. That should help you with efficiency on taxes and roth conversions. It will have you input your whole plan and give you much more confidence going into retirement.
2. For dividend income. I would just use some dividend and growth funds. VYM, SCHD, HDV, to name a couple. they can pay anywhere from 3-4% and keep up well with inflation, and possible outpace. I like those more than reits. Reits seem to underperform over the long term. But I don't like high yield bonds as they give you stock market type risk in a form of a bond. just use the stock market for that. If you want the dividends use them. otherwise you can easily reinvest in the roth.
2. For dividend income. I would just use some dividend and growth funds. VYM, SCHD, HDV, to name a couple. they can pay anywhere from 3-4% and keep up well with inflation, and possible outpace. I like those more than reits. Reits seem to underperform over the long term. But I don't like high yield bonds as they give you stock market type risk in a form of a bond. just use the stock market for that. If you want the dividends use them. otherwise you can easily reinvest in the roth.
Statistics: Posted by marlin2023 — Sat Jan 27, 2024 11:56 pm — Replies 11 — Views 1263