How to Retire on Dividends

Earn a Safe 8%, Leave Your Principal Intact

By: Brett Owens, Tom Jacobs

Narrated by: Tom Jacobs

The Fed today is not our friend. Its "low rates forever" policy means we must look elsewhere for yield. Dividend-paying stocks don't help. Blue chips don't pay more than 2% or 3%. On a $1 million portfolio, that's less than $30,000 in annual income. Not enough. There's a better way. Income investing experts Brett Owens and Tom Jacobs show you how to safely double, triple and even quadruple these yields. Turn that 2% that stocks pay into 6%, 7% and even 8% (for $80,000 on that million bucks) without doing anything risky.

In this book, Brett and Tom will take you beyond Wall Street's "blue chip BS" and create a portfolio that can actually generate meaningful income. It's a "no withdrawal portfolio" that relies entirely on dividend income and leaves your principal 100% intact.

Bank 8% income without worrying about interest rates, the Fed, or the economy at large. Learn how to retire on dividends alone and keep your capital 100% intact.

©2019 Brett Owens and Tom Jacobs (P)2019 Brett Owens and Tom Jacobs

Critic reviews

"A must-read for any investor looking to find safe ways to get meaningful yields with principal protection. If you're looking for a way to construct an income portfolio that consistently churts out 6%-8%, this book is for you." (Jeff Remsburg, Editor, InvestorPlace)

"As a podcast host with over 300 interviews I can recognize when someone is knowledgeable and prepared, which describes Brett and Tom's work." (Charley Wright, Strategic Investor Radio)

"If you're retired or nearing retirement, this book is for you. Due to Fed interest rate policy, you'll be lucky to get 0.5% or $5,000 per year on a million bucks. You need to find a better way. Brett and Tom will point you to corners of the markets where you can earn a safe 6%, 7% or 8% return. That means you can withdraw safely $60,000 to $80,000 in interest and dividend income without dipping into your $1 million principal." (Richard Fields, retirement expert and investor)

Great listen

I learned a lot about dividends. With this information, I’ll be using to maximize my dividend portfolio.

Excellent

overall excellent review of the subject matter and investing with closed-end funds. Definitely worth the time and money.

Good book; not good advise

I recommend this title to anyone looking to expand their knowledge on personal finance and achieving financial independence. I would not, however, implement the strategies that the authors posited. Investing in Closed End Funds (CEFs) constitutes reaching for yield, By the authors' own account, distributions from CEFs do not generally grow. At best, you may be able to maintain your original cash flow with a lot of effort and tax friction. Even then, maintaining a constant cash flow from CEFs will erode your purchasing power over time. Individual investors would be much better off investing in a diversified portfolio of dividend paying growth stocks over the long-term horizon.

Eye opener

This is the right book for people that have accumulated a good amount of money either through growth stocks and savings. Even to sell their business and put there profit it in high yield investments. It’s focused on cef and reits. I’m not close to retirement yet so I’ll be putting a big part of my money on growth stocks and eventually sell and put in these investments mentioned. Great read and eye opener to maximize profits in retirement.

solid retirement investment strategy

Brett and Tom do a great job at explaining the bases and motivation of their "8% no-withdrawal portfolio" (and Tom is an excellent reader, very pleasant and clear). however, to actually execute on this strategy I think you'll want to purchase Brett's newsletters (starting at $99/year but you might get a special-offer discount), or have Tom manage your portfolio (if it's at least$100,000). as for me, since I love self-managing my money based on sound advice, I've signed up for the newsletters and plan to try them out for at least a year or two!