Drawing an Income
Dividends are not free money
A dividend reduces the value of the holding by roughly the amount paid. Treating it as income separate from capital leads to bad…
Drawing an Income
Withdrawal, dividends and turning a pot back into money to live on.
2 articles · updated August 11, 2026
Drawing an Income
Sequence risk is the retirement problem nobody plans for
Two portfolios with identical average returns can produce very different outcomes depending on when the bad years arrive.