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Don’t Make Me Say I Told You So 63

► Approximately $61,000 extra income per year for the next
20 years

► Approximately $82,000 extra income per year for the next
15 years

► Approximately $123,000 extra income per year for the

next 10 years

Now many of you will say, “I’m not going to live that long;

I don’t need to worry about that.” First, let’s remember the
information in Chapter 1 about the probability of living 20, 30,

or even 40 years in retirement. Secondly, most people don’t
want to have their money run out the day they die. My dad used

to say that he hoped his check to the undertaker bounced, but
most people would live their lives in constant fear if the money

were running out as they aged, because they don’t know how
long they’ll live and how long they will need to use their money

for income.

Keep Money in Stocks, but Keep Cash on Hand
for Income You Might Need in the Next Three to

Five Years

I’ve outlined my philosophy about keeping a good portion of

your money in stocks over the course of your retirement, but

Chapter 3: You Must Have Growth In Your Portfolio