Create a monthly payout without making middlemen rich. You can spend a lot of time struggling to turn a pile of capital into monthly income. Or you can spend a lot of money. What if you don’t want to spend either of those things? Then you may find this guide very helpful.
The model income plan here assumes that you have $1 million in an IRA, your mortgage is paid off and you’ve quit work. It’s extremely simple to put in place. It’s ridiculously cheap compared to the stuff that stockbrokers and other financial pros usually have on offer.