Michael Johnston is the co-founder and senior analyst at ETF Database, an online investment resource for ETF investors. ETF Database offers a proprietary ETF Screener that allows investors to filter the universe of 900+ ETFs to find the right fund. ETF Database also provides news, analysis, commentary, and actionable investment ideas on a daily basis.
Retired Financial Analyst with an investment plan derived from Charles D. Ellis' book "Winning The Loser's Game". My "Winning Formula" is to invest in a worldwide capitalization-weighted index ETF such as Ticker:VT, or a similarly weighted subgroup of ETF's from Vanguard (VTI,VEA,VWO) or Schwab (SCHB, SCHF, SCHE) to lower the weighted average fee, then fund my retirement by spending the dividends from the portfolio as suggested in Ellis' book. If additional spending beyond the portfolio's dividend is desired, spending can be increased by the "Required Minimum Distribution" [RMD] as calculated from the IRS Rule-72(t) for early retirees here: https://www.irs.gov/pub/irs-drop/rr-02-62.pdf. Spending the dividend plus the RMD is called a "Modified RMD" distribution method as explained in this article: http://www.aaii.com/journal/article/retirement-withdrawals-can-you-base-them-on-rmds.mobile