Here's a revealing data point: older Americans are scared more of outliving wealth than of death itself. Also, retirees who have constructed a nest egg have valid justifications to be concerned, since ...
A Reddit poster grew an initial $10,000 investment into a portfolio generating $500 monthly in dividend income. Generating $6,000 annually requires $120,000 invested at a 5% yield or $150,000 at 4%.
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