$10,000 Passive Income From Roth IRAs
Want to earn $10,000 passive income from your Roth IRA? Keep watching to learn how 👀
1. Open a Roth IRA account and deposit $500 – $700 a month (or max contribution)
2. Buy S&P 500 funds like VOO.
3. In 30 years, you’ll have aorund $1M
4. You can take out 1.2% of your portfolio or get around $14,000 dividends each year
5. You can use the 4% rule and sell a portfion of your portfolio or get around $47,000 per year.
6. You can sell covered calls to generate income and get around $5,000 a month.
7. You actually don’t have to sell your entire portfolio because Roth IRA’s have no RMDs and are tax and penalty free at 59.5.
Comment INVEST or tag a friend and I’ll send you a link to my next livestream where you can learn more about this 🙂
-Steve
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