3 Steps To Secure The Retirement You Want
Today I’m bringing you the best kept secret to a worry-free retirement.
Unlike most Americans, you and your family could enjoy retirement in total comfort, knowing your checks from a simple retirement hack will roll in without fail.
And the best part is you can start with just a few hundred dollars.
Once your checks start to roll in… and you begin to reinvest some of the money…
You could start collecting thousands in extra income every single month!
All you need to do is follow three simple steps.
And don’t worry, I’ll guide you through the entire process.
Step 1: Set up A Brokerage Account
To get started you first need to set up an online brokerage account!
My plan invests directly into the same income opportunities that trade on exchanges.
A few brokers worth consider include, Charles Schwab, E*Trade, Fidelity or TD Ameritrade.
Remember though, choosing a broker is your decision ultimately. I highly recommend you research them all and see which is the right fit for you.
Step #2: Calculate How Much Money You Want in Retirement
“A goal without a plan is just a wish.” — Antoine de Saint-Exupéry
First, write down how much you pay in bills every month.
Next, write down what income you have coming in currently.
Social Security? Part-time job income? Annuities? Pension income? They all count.
Now add up your expenses and calculate the difference between your income and expenses.
Now you know exactly what you need for a basic retirement.
But who wants basic?
Meaning that’s not all you need to account for…
How much income would you need every month to get a new car? Join that country club? Buy a boat? Take vacations around the world? Take away the burden of healthcare?
How much do you need to live life on your terms?
Take some time. Think about, but figure that number out…
Got your number?
Keep that number in mind as we go to Step 3…
Step 3: Collecting Your Checks
Once you have your account open and know exactly what monthly income number you need to hit, it’s time to start buying the investments.
Again, these are investments that the highly skilled experts on Wall Street use… but you can buy them directly in your own private account.
I’ve gone a step further and personally vetted these expert’s portfolio to find some of the best companies with strong growth potential that send out massive dividend payments, or a piece of their profits, to shareholders.
And I’m going to share one with you.
Now here’s the play…
Novartis (NYSE: NVS)
Novartis is a dividend investor’s favorite. The Swiss pharmaceutical giant currently pays a 3.99% dividend yield, which is huge for a company of its size. That works out to a $2.94 annualized dividend payout per share owned.
Another reason I love this company is that it’s stable AND growing fast.
Keep in mind, as these companies grow, their dividends are likely to increase as well.
Take advantage of Novartis as it grows. The sooner you get in, the more you’ll be able to collect in dividend payouts!
For every share of NVS you buy, you’ll collect $2.94 whether the stock goes up or down.
Now imagine reinvesting your dividends into more shares — your account will grow very quickly.
And not only will you be able to fund your dream retirement, but you’ll be able to pass on your account and monthly income to your children or grandchildren after you’re gone for them to grow!
And that’s the three simple steps you need to take to secure the retirement you want. On your terms.
Here’s to growing your wealth,
Chief Income Expert, Mike Burnick’s Wealth Watch
Editor’s note: Tell us what you thought of today’s article. Drop us a line. Send your emails to WealthWatchFeedback@SevenFigurePublishing.com.