Episode #368: Income Focused Retirement Investing with Steve Selengut

March 1, 2025
Cheryl Ilov

Podcast: Download (Duration: 52:15 — 47.8MB)

Steve Selengut is an Income Independence Coach and author who has spent his entire career building retirement income.

Steve has also spent over 50 years as a private investment portfolio manager, including 44 years managing up to 300 different client portfolios at a time. He wrote the book titled “Retirement Money Secrets” to help more investors understand how the markets really work, and how to take advantage of their constant volatility.

Steve explains how he developed a time tested and safe methodology for producing spendable income far in excess of the 4% generally needed by retirees. He shares how his own IRA portfolio at current (Nov 2023) prices generated nearly 12% in annual income.

He also describes how his book, “Retirement Money Secrets” explains the six basic principles and understandings needed to safely steer investment portfolios into and through retirement without dipping into principle. His experience is hands-on, security selection management. No models or corporate entities telling me what to buy and sell. Steve was a DYI investor for hundreds of people, every day. I owned every security I ever bought for a client! He continues to help people to sustainable, growing, income level that will make market corrections, volatility, and interest rate raises a benefit rather than a problem.

Steve also shares valuable nuggets of information including how managing a portfolio is like running a department store, the four great financial risk minimizers, how to generate more potential spending money year after year, and why a volatile market is not a bad thing.

Download this information packed and upbeat episode to discover how you can create a portfolio that creates income focused retirement investing and earn passive income by following a few simple principles so you can start investing and stop worrying.