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    You "Only" Need $1m to retire comfortably.

    Thanks for sharing Truong! Just wondering what your share holdings are to be generating 7.1% gross yields. All recent purchases I've been making on the large-LICs are yielding 4% or sub-4% (net yield). High level plan for me is to gradually sell down the majority of my property portfolio...
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    You "Only" Need $1m to retire comfortably.

    Agree-I don't have the cojones to make my fortunes from shares. That's where property comes in and has served me well since I started investing in IPs back in 2007. I am looking to shares to provide me with a tax-advantaged income stream so I can quit the rat race 10 years sooner than if I...
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    You "Only" Need $1m to retire comfortably.

    I'd be curious to know which two if you don't mind sharing. If I'm not mistaken I think China's point was that daily share price doesn't matter, whereas dividends are pretty much guaranteed. See my post for an example I worked through for AFI (a listed investment company holding a...
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    You "Only" Need $1m to retire comfortably.

    $1m in shares split across a couple, paying fully franked 4% yields would result in roughly $57k tax free income indefinitely without drawing down capital. Plenty for a retired couple assuming paid off house.
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