PDI - How To Retire On $500000: 3 Years Later
Three years ago, I wrote a piece describing how a young, single professional could retire with just $330,000 after a 5-year savings period. The piece was controversial; of the 600 comments it earned, many were critical, skeptical, or derisive. High yield investing appears to inspire passions, in part because it defies the typical investment narrative that most people accept: one must work several decades, invest in a diversified portfolio of low-yielding stocks, and wait for dividend growth and capital gains, while limiting oneself to a withdrawal rate of no more than 4% - and even