How Grandma Turned $387K Into Dividend Income for Life

A financial friend of mine, an income-focused money manager, called me to brag about one of his clients. He’s used his CIR subscription to smartly help her turn a modest $387,000 nest egg into monthly dividend income that’s on track to last, well, just about forever . Three years ago, he explained how he was using my “ retire on monthly dividends” strategy to help this nice grandmother. “She brought me $387,000,” he told me originally. “And wants to take out $3,000 per month for ten years.” Well, so far, so good for grandma. She’s now 38 months into her $3,000 per month dividend gravy train.… Read more