Hopefully, we survived our 30s with as little debt as possible. In our 40s, we need to focus solely on building income streams.
We want to reach 70 and 80 with income streams. Bonds can add income to our bottom line safely.
We first want to stock up on 30-Year bonds, especially when they are over 4%. These provide us with safe, reliable income during market downturns.
However, we will achieve our primary income goals from bond closed-end funds. The CEFs use leverage, which adds to the returns but adds a layer of risk.
I am in my 40s and using my CEFs to build an income stream. I love having multiple paychecks from my favorite funds every month. You can do the same. Good Luck!
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