u/International_Ad694

I’ve got an inherited Ira with about 500k in it. I picked some good stocks this past year and have increased the value of my account by a good amount.

I’m wondering if I should go full port on SPYI and QQQI and just withdraw the income monthly. Should make me $4900 a month after taxes.

I would reinvest that money into my personal brokerage as well as pay bills, rent, etc. I’d be able to max out my 401k. Currently, I’m making about 6k a month at my day job but in a HCOL area. Life would be much easier with the extra money.

I need to liquidate the account within ten years. I’m almost at the one year mark.

What do you guys think about the QQQI+SPYI idea? Let me know if it sounds crazy.