How Much Monthly Income Does a $2 Million Portfolio Produce at Age 60?

"Arguably, the most important consideration here is that when you turn 60, you have to think through the idea that you want your money to last for at least 25-30 years. In other words, how you structure your portfolio is more than just how to generate income, it's also how to maintain purchasing power as costs rise because of inflation."

"For those who want to be more conservative at 60, the focus of any portfolio is going to heavily rely on a strategy that helps with capital appreciation and prioritizes stability over maximum income. This means you will likely be focused on a mix of investment-grade bonds, dividend-paying blue-chip stocks, and a range of diversified equity funds that together generate around 3-4% monthly."

"With around $2 million invested at an average 3.5% yield, you're looking at generating approximately $70,000 annually or $5,833 before taxes. Building this portfolio might include holdings such as Vanguard's Dividend Appreciation ETF ( NYSE:VIG), yielding 1.6% with consistent dividend growth, combined with the Vanguard Total Bond ETF ( NASDAQ:VTC) for modest income. There is also the consideration of adding individual positions in companies like Johnson & Johnson ( NYSE:JNJ) at 2.58% or Procter & Gamble ( NYSE:PG) at 2.91%, both of"

At age 60 with $2 million saved, the primary focus becomes how much income the portfolio can produce for a comfortable, long retirement. Portfolio structure drives outcomes: conservative allocations emphasize capital preservation through investment-grade bonds, dividend-paying blue-chip stocks, and diversified equity funds, targeting roughly a 3–4% yield and about $70,000 annually. A more aggressive income strategy can push monthly earnings toward $10,000 or more but increases volatility and risk. Planning must assume a 25–30 year horizon and prioritize maintaining purchasing power as costs rise with inflation.

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