Pure Income Portfolio · The Wealth Building Collective

Pure Income Portfolio

Retired last year (65) and my wife (58) is retiring in one month. We're in the process of selling our home and will rent in the next 2-3 years as we wait for our youngest to finish college. Attached is a test portfolio investing some of the cash from the sale of our home. Portfolio Lab in Snowball Analytics shows $500,000 invested in this portfolio will earn $6000+ in monthly income.

I understand this is a higher risk covered call etf portfolio strategy, purpose is pure income as we have much more diversified assets invested in other portfolios. Dividends will not be reinvested as we want the income to offset rent and expenses but also thinking of reinvesting some of the dividends as ETFs fall 1-2% below initial investment.

Looking for feedback/suggestions.

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