Yield strategy drives capital requirements: generating $60,000 annually needs roughly $1.7M at a 3.5% yield or just $500K at 12%.
Drew Wood is the Deputy Editor at Mpls. St. Paul Magazine and Mpls. St. Paul Magazine Online. He focuses on a range of topics including finance, personal finance, health and wellness, real estate, and healthcare systems, with particular attention to retirement planning, investment strategies, and public health. Drew's work has been featured in outlets such as Yahoo Finance, Yahoo News Singapore, and RealClearMarkets.