Please do not make this mistake that so many early retirees make when it comes to creating income in retirement.

What they're doing is they're only having dividend paying stocks.

You do not want to do this, and I'm going to explain why in today's episode.

Now, this was prompted by a client who asked me a question about whether it makes sense to have safer companies when they're

retiring early because they need more income, of which I replied absolutely. And then I followed up with

why you don't want all dividend paying stocks because of something called total return. So today's

episode is going to be a little bit more stat heavy. I hesitate to even say that because I don't want to go so into the

weeds that you fall asleep on me, but I want you to understand a really important difference

that I think will shift the way you think about creating income, which might be the most

important aspect of your retirement. So these five portfolio changes today should help you create more

income. I'm going to walk through each of them and give you an example. So if you're new to the show,

welcome. I love recording these different podcasts on various topics, whether it be health care or

tax strategy or finding purpose in retirement, which I know at the beginning of the show, I was even saying,

hey, I think this might be the biggest topic, how much income can you create? But really, it's purpose and how are you going to have a plan for fulfillment, in my personal opinion, because I see way too many people that retire and then go, I don't know what the heck I'm going to do. I just worked for 30 years. And now I don't know what that looks like. So make sure you have that dialed in, but today is going to be more, once again, stat heavy on dividends and income creation, which I equally love. I just think too many people go the route of financially, am I in a good spot? Yes, I can retire early. I'm doing it. And then they look back going, wow, I really didn't think through this fully. And I see way more people do that than people who go, hey, it turns out, I know exactly what I'm going to do. But financially, yeah, I don't think I can retire. I don't see that as much. So I'm going to hop into a few different examples. Once again, if you're new, welcome. My name is Ari Taubli. I am the chief growth officer here at Root,

and I'm the host of this podcast, the early retirement podcast. These are posted on YouTube. So if you want to watch me right now, you of course can. And if you're listening on the podcast app, awesome. These get released first to those on the podcast app. So if you're trying to find this on YouTube, the video might not be up yet, which you do not need for today's type of content.

So let's hop right in.

So this first example, this is about dividend paying stock.

So I'm going to give you a wider example and then I'm going to start to dial it in for you.

So I had someone reach out,

and they were new to investing, but they were already adding to their 401k. It's just they

weren't so much into, hey, can I retire early? It was the traditional, my employer set up a 401k for me.

I did what I was supposed to do. I put money into it for many, many years. Now I'm

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