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Strategies & Market Trends : Young and Older Folk Portfolio

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To: chowder who wrote (569)12/6/2021 9:35:29 AM
From: CrabbyTurtle  Read Replies (1) of 21904
 
Good Morning Chowder,

If I am following along correctly (relatively new here), for the OF portfolio, and MA portfolio as well, you focused primarily on reaching the income targets first, perhaps with a focus on CEF's, before you starting looking into div growth and total return potential? I ask because I am still working on getting the income levels up to where they need to be; haven't met the minimum requirements yet.

Also, way back when you were posting on SA and starting the YF portfolio, you mentioned calculating that you needed something along the lines of 8-9% CAGR to meet the target income goals. Was there a particular calculator or tool you used to determine that you could point me (us) to?

Thanks in advance!
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