How to Retire with only $250,000 Using The Wheel Strategy on SPY!

How much do you need to retire? Do you really need e million dollars to retire? Can you retire with less? In this video I talk about an options strategy that was brought to my attention where you could possibly retire with only $250,000! The idea behind this options strategy is that you will run an ATM wheel on SPY. You will collect passive income by selling puts and calls every month. The idea being that you can generate more income by using options than you could by sticking to the 4% withdrawal rule. I also talk about how to run the wheel strategy, by going over the basics, so anyone can learn. Using this options strategy to generate income for retirement, could be a cheat code to being able to retire with less money saved.

00:00 Intro
00:43 Retirement Information
01:43 The Spy Wheel Strategy
06:12 The Wheel Strategy Explained for Beginners
12:32 Spy Wheel Backtested
24:37 Final Thoughts on the Spy Wheel Strategy

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Remember, I am not a financial advisor, any information included in this video is for informational and entertainment purposes only. It is not intended to be investment advise. Any trades you put on, you are the one that has to deal with the consequences, so be sure you know how to manage the positions before following any trade advise. Please seek a licensed professional for investment, tax, or legal advise.

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Видео How to Retire with only $250,000 Using The Wheel Strategy on SPY! канала Financial Options - With Thumper