Forced to Retire
Dryer sheet aficionado
I am currently 60% VTI and 40% BND. I have $300K in my Fidelity Account.
I am unemployed and counting the days when I will be able to collect Social Security in October 2017.
I don't want to burn through my assets (Principal) so I was thinking about trying to live on high yield ETF's until October 2017 that pay about 10% yield. Things like Business Development Companies, Mortgage REIT's, Junk Bond Funds, etc.
Here are some options:
BDCL, BIZD, PSEC, NLY, YYY, FAX, MAIN, KBWY, GOOD, REM, PDT, PCEF
What do think?
I am unemployed and counting the days when I will be able to collect Social Security in October 2017.
I don't want to burn through my assets (Principal) so I was thinking about trying to live on high yield ETF's until October 2017 that pay about 10% yield. Things like Business Development Companies, Mortgage REIT's, Junk Bond Funds, etc.
Here are some options:
BDCL, BIZD, PSEC, NLY, YYY, FAX, MAIN, KBWY, GOOD, REM, PDT, PCEF
What do think?