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This is the Lowest Amount You Need To Live Off of Dividends

503K views · Sep 20, 2022 · Education

Comments · 392

  • @TheJAXguy · 4 years ago

    I am 72 and I can tell you income is so important in retirement and as you age. There is no simple formula, but you want sufficient cash flow with little worry to be happy. For people planning retirement it is still theoretical. But when it is real time, you want stability...

    268

  • @loakland2773 · 2 years ago

    Amazing that a CFP speaks about dividends in a positive way... unless youre way into retirement... Love dividends and the snowball effect...  Thanks for the great video....  Very well done.... Great information....

    18

  • @michaelswami · 4 years ago (edited)

    Excellent video.  I am a passive income investor, which means in retirement, I can avoid sequence of return risk and leave a legacy to my family. But I recognize it isn’t the only approach. Others have their merits.

    12

  • @leroymorris6036 · 2 years ago

    Proctor & Gamble is another good one...

    5

  • @fredcarter8382 · 2 years ago

    Great video with great explanation James.

    4

  • @OroborusFMA · 4 years ago

    I look for dividend "aristocrats" and I prefer monthly dividends though quarterly is ok.  Right now I have $20,000 in stocks and it projects to $1,253 in annual dividends.  I'm aiming for $1,000/month in dividend income.

    84

  • @mariviberrios · 4 years ago

    ¡Excelente!  Gracias. 😁🇵🇷

    5

  • @DC-0608 · 2 years ago

    Thank you for explaining this.  I just hope that there is still social security in 15 years.

    23

  • @djack915 · 2 years ago

    Liked and subbed ! Very simple and informative !

    1

  • @ncsfinest21 · 3 years ago

    I use growth stocks to add to my dividends. Im 40 and once I get to a certain level on my growth stocks, Ill take some profits and add to my dividend stocks. Then Ill look for more growth stocks and add to those with some profits.

    31

  • @24356-d · 3 years ago

    Thank you for your common sense approach to retirement saving and investing. The big companies have long given horrible advice in this area.

    2

  • @leesmith9299 · 4 years ago

    I would think that a major benefit of dividend investing is that calculating portfolio size needed is not relevant. We don't care about the value of the portfolio. We care about the sustainable income it pays. As you invest you can gradually see the income rise as you invest more and pull the retirement trigger when it's high enough regardless of the market sentiment.

    38

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