What's your magic cash number or stock hold where instead of re-investing gains you would take them out as a livable wage?
For instance if I get 1k shares of SPY I feel like I could live very comfortably just running the wheel. Selling weekly 10 covered calls or CSP's 4 times a month I could see someone very reasonably generating 10k a month to live on, that's even after cashing out a 70% return vice getting assigned and taking a chunk out for taxes.
Or is your idea of retirement just accumulating enough to live off dividends?
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