If you're retired, shouldn't your portfolio be built around dividends? It sounds logical. If your investments generate $60,000 in dividends each year, you have $60,000 of income without having to sell anything. But there is a problem with building a retirement portfolio around dividends: Your portfolio doesn't know how much income you actually need. It doesn't know your tax situation. It doesn't know when you'll need money from your IRA. It doesn't know whether a Roth conversion makes sense...