RE:RE:Been a great investmentWhat's a decent monthly income in retirement? Let's say 5k monthly?
You need ~72300 shares (3.8 mill CAD) to generate ~ 5K monthly (taxable).
What would you rather have? 3.8M in the bank or 5k per month?
Not sure who around here has that kind of holdings though. If you do, good for you!
NissimLevy wrote: Why not keep your shares and live off the dividends? Once you sell Enbridge, are you going to keep the money in your savings account earning next to nothing?