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Is Day Trading a Good Source of Retirement Income?
When people think about funding their retirement, day trading often comes up as an option. The idea is tempting. Sit at home, trade a few stocks a few hours a day, and generate cash flow on your own terms anywhere. Just you and the markets.
But let’s pause here!
The hard truth is that day trading is not a reliable source of retirement income. In fact, it’s one of the riskiest paths you could choose at a time of life when stability matters most. Here’s why ….
Statistics show that less than 5% of day traders make money, and only 1% make money consistently.
1. Deconstructing Retirement Income for Simplicity
If your goal in retirement is peace of mind, the simplest approach is this:
- Build income streams that flow without your daily attention.
- Think dividends, rental income, annuities, or even part-time consulting work in your area of expertise.
Day trading is the exact opposite. It demands constant vigilance, carries high risk, and produces unpredictable results. That is not what you want to rely on to pay your electricity bill.
