FYI: There are three key ways to extract cash flow from your portfolio in retirement. Understanding the pros and cons of each approach is an essential first step in finding the right method for you.
The most obvious and intuitive method for generating cash flow from a portfolio is to rely on income-producing securities to supply your living expenses. That can mean focusing on dividend-paying stocks, bonds, and hybrid securities like convertible bonds or preferred stock.
Regards,
Ted
https://www.morningstar.com/videos/911818/3-strategies-for-generating-cash-flow-in-retiremen.html
