Ep 34 - Living off Dividends: The Good, Bad, and Ugly
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Both Bob and Nelson have a simple retirement plan. We want to live off the dividends while the underlying shares continue to go up in value.
This method has a ton of advantages. It's worked well historically. It's simple. And it comes with much lower taxes than you might first assume.
But that doesn't mean it's a perfect solution for everyone. This episode we dig deep into the concept and point out not just the positives, but the negatives as well.
If you plan to retire on just the dividends, you won't want to miss this one.
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