Everyone has monthly recurring bills like mortgages, car payments, cell-phone bills, power bills, water bills, and credit card bills. They will arrive every month and we all despise them. When you have a normal job that pays weekly or monthly you can easily pay these recurring bills, but once you hit retirement the regular bill routine becomes more difficult. When you have a portfolio of dividend-paying stocks they will usually payout every quarter and not every month. For this reason, it makes more sense to have…
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