Selling Covered Calls + Social Security: The Ultimate Retirement Combo? - Financial Freedom, #260

We do not want to live on a fixed income; we want to follow a budget. A budget leaves extra money in our accounts that we call cash flow. Wealth is having excess income versus expenses. Therefore, if we can stay on a tight budget and continue to bring in more income, we will be wealthy. Unfortunately, most people survive solely on social security. However, in retirement, we can improve our lives by learning to create our own income. Selling covered calls is a fantastic way to generate income and, by extension, create wealth.
However, you must already have the resources to sell covered calls.  You must be financially savvy to generate income from your finances. That means you must keep learning and growing to achieve your desired results. Good Luck!