No need for ‘enormous wads of money’
NAME: Joanna Jones*, 63
RETIRED: At 51
INCOME: $18,000 per year
INVESTMENT STRATEGY: Switching from direct shares to diversified index funds, increasingly in different parts of the world.
JOANNA HAS BEEN RETIRED for 12 years and, remarkably, she still isn’t eating into her capital. In fact, her invested amount has grown by 20% over the past decade as she takes a limited income stream from her savings.
This is one of the miraculous features of retired FIREs. Once you have accumulated your savings, it is
