How To Boost A Portfolio’s Retirement Income

I sat in the passenger seat as we swept around a corner.

My friend, Pat, was driving. I was 20 years old. Pat was 31.

But he was more like a giant kid with a grown-up’s income, credit cards and a taste for fast cars.

He drove a black Porsche Carrera.

His friend, George, followed us in his 3-Series BMW. As we hit a more open road, Pat floored the Porsche. I didn’t think George could keep up.

But within seconds, George flew past. I later learned that he had rigged his car to use nitrous oxide.

You’ve probably never altered your car to boost its performance.

But I’m guessing you wouldn’t mind boosting your future retirement income.

Image by Pixabay

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Andrew Hallam

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (Wiley 2011) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use.

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1 Response

  1. Jin says:

    Hi, wise Andrew! It seems have a error making a comment link. so I’m making a comment in your article , sorry.
    I’m a soldier from South Korea.
    I’ve read your book Millionaire teacher book and
    bought Some ETFs according to your Endorsements in the book.
    But I got some questions.
    Is Etf different from Index Fund? I am really wondering.
    John bogle, in his a certain book, showed skeptical view about ETF, comparing with Index Fund. I want to know your opinion.
    Thanks and I hope you always stay healthy and wealthy!

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