Home The Retirement Income Series
Harvested: Covered Calls and Cash-Secured Puts for Retirement Income
A Conservative Income Strategy for Retirees — Including How to Run It in Your IRA and Roth IRA
You spent a lifetime building the nest egg. Now it has to pay you, and that changes everything.
You don't learn to gamble. You learn to be the house.
For forty years, a bad year in the market was something you could shrug off and wait out. In retirement, it isn't. A downturn now means selling shares you'd rather keep, at prices you'd rather not accept, just to fund the income you need. There is a calmer way to draw a paycheck from what you've already built, and it isn't the “options trading” you've been warned about your whole life.
Harvested teaches covered calls and cash-secured puts in plain, patient language written for retirees, not day traders. No leverage, no naked risk, no four-decimal Greeks, and no get-rich-by-Friday fantasy: just a craft you can learn from the ground up and run for the rest of your life, collecting a steady premium in exchange for the patience you already have.
It won't promise to make you rich. Every strategy's catch is named as plainly as its reward, returns are framed as a realistic range anchored to decades of real benchmark history rather than a single magic number, and every worked example uses real, dated market prices, the dull months alongside the good ones. The honest goal is quieter and, in retirement, worth far more: steady income, softer drawdowns, and a portfolio that stops keeping you up at night.
It is taught the same way as the Options Strategy Series: one honest idea at a time, the risk named as clearly as the reward.
Inside the book
- Earning rent on stocks you already own, in good markets and bad
- Getting paid to buy quality companies at prices you would actually welcome
- Combining both strategies into one income engine, the Wheel, that runs in well under an hour a week
- Running the whole system inside an IRA or Roth IRA, where the rules quietly enforce fully funded discipline
- Choosing strikes and expirations with a simple framework, no jargon required
- Meeting a falling market, a called-away stock, or an assignment calmly, because you decided your response in advance
Look inside
A few pages from the paperback. Select a page to see it full size.
- The contents
- The opening of Chapter 1
- Figure 9.1: the Wheel, one full turn
- Figure 10.3: win small often, lose big rarely
Who it's for
Retirees and conservative investors who own stocks or funds, have always heard that options are dangerous, and want a careful, capital-preservation-first way to turn what they hold into monthly income.
