Publisher's Synopsis
I love paying bills because I have enough excess income to cover my expenses. Even in retirement, I still have many paychecks in my accounts.
My primary source of consistent income (outside of my pension) is Closed-End Funds. These securities provide me with the high-yielding income I need to pay bills and beat inflation.
Many retirees focus solely on capital preservation, leaving their income needs behind. Use an emergency fund to preserve capital and CEFs to generate revenue.
Once you start generating CEF income, reinvest 25% to ensure your income grows every year, helping you stay ahead of the cost-of-living adjustment. Income Investing is an amazing life. Good Luck!
