retirement race

I'm 50 now. Bleh! But now I'm thinking a lot more seriously about having some sort of income after I stop working. 

I'm thinking that people live into their 90's, so that's like 40 more years of needing money! 

So, this page is dedicated to MY plan for paying off debts, accumulation, and portfolio growth. Not financial or investment advice. Please consult your investment and/or tax advisor. 

My risk tolerance will be different than yours, so read this as just an EXAMPLE, and not any kind of suggestion or advice to buy or sell anything. 

I'm still working, so my salary primarily is  for day to day living. I contribute maximally to my 401(k), and my IRA as well. 

I also have a separate portfolio that is not governed by contribution limits, but perhaps, is subject to different tax structure. Utilizing ETFs may provide some tax advantages, compared to investing into individual equities.

My portfolio goals are:

• Primarily Income
• Portfolio Growth 
• Portfolio Protection and Stability

My portfolio will be structured as follows:

3/5 Income - Cash distribution ETFs and dividends to be used for compounding portfolio growth, as well as for BillPay

2/5 Growth - stocks and ETF selection, moderate yield, with upward NAV trajectory

1/5 Stability - Treasury ETF with low yield, but more stable price performance

A large part of my own retirement strategy is to utilize the compounding nature of cash dividends

I will be looking at Daily charts with upward trends, low volatility. 

I will be using my Trader's Toolbox to gain optimal entry, and take profit levels where needed. 

Of the tools I use, the InsiderFinance technical indicator package has been most useful, even without the Option Flow Dashboard. 

However, I will be using TrndBot for confluence, and TrendSpider for automated trend lines. As well as SpotGamma to determine key levels of support, resistance or "magnets."