Retired simply means I've decided not to accept any more research work and begin to travel to destination of my liking and on my expense.
I understand the 4% rationale and methodology of Firecalc but my question is about how best to produce the 4% income stream. I did read fairly thoroughly before signing up. That's not to say I missed another discussion on this.
The question (which I will repost elsewhere) is about dividend producing stocks or MFs. At first thinking I figured that finding a few stocks which have consistently paid dvidends of 4% or more would provide my income needs of $100k /yr.
But my question is "Are their 10-12 stocks/MFs that have that track record over a 20-30 year period?"
I understand the 4% rationale and methodology of Firecalc but my question is about how best to produce the 4% income stream. I did read fairly thoroughly before signing up. That's not to say I missed another discussion on this.
The question (which I will repost elsewhere) is about dividend producing stocks or MFs. At first thinking I figured that finding a few stocks which have consistently paid dvidends of 4% or more would provide my income needs of $100k /yr.
But my question is "Are their 10-12 stocks/MFs that have that track record over a 20-30 year period?"