Warren Buffett’s 90/10 Rule: How a Retiree With a $600,000 IRA Could Generate $4,800 a Month
Could a 65-year-old retiree with $600,000 in a traditional IRA and $2,800 in monthly Social Security benefits generate approximately $4,800 in monthly retirement income? Warren Buffett’s famous 90/10 investment strategy offers one way to examine that possibility. The approach sounds simple: invest 90% of the portfolio in a low-cost S&P 500 index fund and keep … Read more