Make your money work when you’re not: Creating an income-producing portfolio | CNN Business

New York CNN  — 

If you have savings and investments to support you in retirement — or, before then, if you take an unpaid leave from your job — you can put that money to work in ways that help cover your short-term income needs without sacrificing your long-term security.

How much income you can generate depends on several factors, including how big your nest egg is, how it’s invested, where interest rates go and your risk tolerance.

A lot goes into creating and managing an income-producing portfolio that works for you. But here are some

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Sperm whale families talk a lot. Researchers are trying to decode what they’re saying

Enlarge this image wildestanimal/Getty Images Scientists...

China launches its own anti-dumping probe following Biden’s monster tariffs | CNN Business

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts...

Elon Musk launches Starlink satellite internet service in Indonesia | CNN Business

Denpasar, Indonesia — Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX’s satellite internet service for the nation’s health sector on Sunday, aiming...