It's OK to spend your income, but never, ever dip into capital. Remember that old financial commandment? It was discarded long ago as a fuddy-duddy rule that doesn't work in our low-yield world. But as I ponder retirement, focusing on dividend-paying stocks, so you don't have to dip so often into capital, looks better and better— for seven reasons.

The WSJ provides helpful information on dividend funds in retirement.  Veteran WSJ reporter Jonathan Clements is back!

WSJ article:  The Case For Dividend Funds In Retirement