I am referring to "income streams" specifically from investments. This eliminates things like rental income, income from a side business, annuity income, pensions and /or social security.
Where are you looking or better yet "generating" income from your investment portfolio. Stocks were essentially flat last year ( not including some random esoteric etf ) and YTD flat again; bonds in the 2-3% yield range unless you want to venture out on the yield curve and take on a lot of interest rate risk or junk bonds with their inherent problems. Cash and MM accounts are pathetic right now. What if stocks are flat throughout this year and again next year?
In light of this have you perhaps decreased your withdrawal rate if you use a total return approach or supplemented dividend income with cash to cover expenses? Curious to know what others think and if anyone is thinking "outside the box."
Where are you looking or better yet "generating" income from your investment portfolio. Stocks were essentially flat last year ( not including some random esoteric etf ) and YTD flat again; bonds in the 2-3% yield range unless you want to venture out on the yield curve and take on a lot of interest rate risk or junk bonds with their inherent problems. Cash and MM accounts are pathetic right now. What if stocks are flat throughout this year and again next year?
In light of this have you perhaps decreased your withdrawal rate if you use a total return approach or supplemented dividend income with cash to cover expenses? Curious to know what others think and if anyone is thinking "outside the box."