The suits at Merrill Lynch say you need at least $738,400 to retire well.
But they're dead wrong. You'll actually need a lot less than that.
In fact, I've got a simple way to bankroll your golden years on 32% less. That's right: I'm talking about a fully paid for retirement for around $500,000.
Got more? Great. This plan will let you retire filthy rich on your current stake.
Plus my "8%+ Monthly Payer Portfolio" will also let you live on dividends alone - without selling a single stock to generate extra cash.
A few of my favorite monthly dividends include:
A bond fund that's perfectly set up for the current rate environment and dishes out a 10% dividend at a double-digit discount,
The brainchild of one of the top fund managers on the planet that's throwing off an amazing 11% yield,
And a rock-steady 8% dividend whose managers have guided it to an astonishing 980% total return since inception.
Investments like these are a must if you want to safeguard your retirement from the next market calamity.
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