How To Retire At 60 As Dividend Investors

Well, lads, it’s time for this couple to retire.

Ted and Mary
Retirees need to know how to build a steady portfolio, plan their cash flows, and have reasonable expectations. Having a volatile portfolio is something younger investors can do when they have decades to not worry about market panics which can drastically eat into a portfolio in the short term. During retirement, retirees usually can’t afford to take a significant loss in their portfolio. Ted and Mary have a good understanding of this and know they are going to need to come up with a good plan. This time around, Ted and Mary need a lot more income from their portfolio. They will need to find some way to do it without carrying a significant amount of risk.
A little about Ted and Mary
Ted and Mary were able to save up $1,250,000 for retirement. They are 60 years old and have decided to retire so they can spend time with family and eventually travel the world. First things first, where should they live?

Where to live
Ted and Mary sold their home in Portland, OR for $350,000. They wanted to move somewhere with a much lower cost of living. They wanted at least four bedrooms for visitors and wanted to be in a nice neighborhood. $350,000 was enough to get them the house they wanted.
Here’s home price information from the Zillow website:

In addition, they wanted:
More days where the sun was out closer to the mountains, not dealing with the Portland DMV.
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