#income-strategy

#income-strategy

When it comes to making your retirement savings last, there are two fundamentally different approaches you can take. The first is the more traditional strategy, which focuses on an annual withdrawal, likely around the popular 4% theory. The hope is that by doing so, you'll be able to pull out just enough to live while also having enough money to last for another 30 years.

Many retirees rely too heavily on Social Security, which leads to financial struggles. It's essential to account for potential cuts and understand the program's limitations.

The YieldMax Ultra Option Income Strategy ETF delivers an impressive 86.64% distribution rate through active management and a covered call strategy on volatile stocks.