2024-05-25 09:00:00 ET
Summary
- We will lay out the basis for a retirement portfolio with a sustainable income and growth.
- The portfolio will aim to generate a 5% income while providing above-average growth to beat inflation and more.
- The portfolio will be structured into three buckets with a 50:30:20 allocation to provide safety, income, and growth in that order.
What About $1 Million?
We often read articles and stories on why you should save at least a million dollars for retirement. However, a million dollars is just a milestone. Moreover, a million dollars is not the same as it used to be due to high inflation recently. According to a study by the Swiss bank UBS, as of 2022, the number of millionaires in U.S. dollar terms has grown to 59 million people worldwide, out of which nearly 22.7 million reside in the U.S....
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For further details see:
How To Invest $1 Million For Steady Income And Growth