Retirement drawdown

>>1797543
I'd buy 3 condo's in Scottsdale AZ for $170k a piece and rent them out for $1,200p/m - possibly $2kp/m fully furnished in peak winter season - and if the market bounces back I'll sell them each for about $400k which is what they were selling for about 10 years ago. If the market doesn't bounce back they can't sink much lower than they are now so I'd be able to sell them for about purchase cost if needed. But it's a cozy way to earn $3k-$6k p/m have a nice day

>>1797557

* sorry I should have said,

draw down $500k ONLY from stocks/bonds, paper wealth

Is there a better idea than having $500k in an S&P500 tracker, autisticly selling 4% a year on January 1st

>>1797559
Good luck on getting 4% a year in the coming depression once the rich realize theres no one left to buy their overvalued shit. The last great depression took 25 years to recover.

>>1797571

China.

>>1797559
Diversify and weight your portfolio to high dividend payers. Financials and telecommunications can easily yield 4% dividends but go a step further and diversify into europe as European companies typically have higher yields than American.

>>1797618

surely if you gain on dividends you lose elsewhere

no such thing as a free lunch

I'm playing devil's advocate

>buy 21 btc
>enjoy rich elite status in 10 years
why is it that hard to understand