InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,555.39
(
0.84%
)
US TECH 100
19,819.60
(
0.91%
)
Dow Jones
39,321.60
(
0.03%
)
Brent Oil
87.46
(
0.14%
)
Bitcoin
56,695.95
(
-0.50%
)
Post# of 110738
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

santafe2

Send PM Follow Ignore
Followers 23
Posts 13245
Boards Moderated 0
Alias Born 07/10/2003

santafe2

Member Level

Re: gfp927z post# 106676

Monday, 07/10/2023 2:49:41 PM

Monday, July 10, 2023 2:49:41 PM

Post# of 110738
Yes, that's the article I read. I think this is a good strategy for a married couple who is retired and living mostly on Social Security. At 5.5% it only requires a bit over $200,000 in an account to throw off $1,000 a month in tax free income, or 2X that amount for $2,000 a month. Long term capital gains are not taxed until a married couple makes over $89,250.

Rule #1, Don't lose money. Rule #2, read rule #1. - WB.

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up