Piotrekswat
One of the most common objectives of investing and building financial portfolios is to become fully independent from day job or other income sources that require a notable amount of labour and time.
The idea is that by having a
How I Would Invest To Retire Now And Live Off $5,000 A Month
Summary
- Longevity risk and value-erosion from inflation pose serious threats to financially safe retirement.
- Having an insufficient asset base or willingness to speculate (greed) could cause excessive risk taking, which, in turn, would make the whole thing even riskier.
- To mitigate these risks, durable income investing could come into play.
- In this article I elaborate on the key principles, which one could implement to maximize current income, while keeping the risks low.
- I also share a sample $736,000 portfolio from which it would be possible to extract $5,000 in predictable monthly income.
Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.
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