[TomW]

I was wondering if I was alone as a dividend investor as a retirement income strategy? This puts one squarely in the territory of REITS, CanRoys, Closed End Funds, Telcos and Energy; but many of these equities have been delivering for years despite persistent rumors of their imminent demise. It seems only reasonable to look for returns in the teens plus some capital appreciation in spite of the judgements of the 24-year-old financial experts one sees at the lunches who suggest that any reasonable return is too risky for old folks and you should give them your money to put into an annuity paying 3% return and drawing down your principal at 4% (plus management fees.) Bah!