Investment Times

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 basics to consider. Three questions to answer Ideally,...