How much money do I need to have saved up so I can comfortably live off of dividends? Say I move to China or somewhere cheap where living expenses are ~1500$/month.
What's a good monthly dividend paying stock?
>>2894083
About half a mil
>>2894083
i like dnp for monthly dividends
>>2894083
If you withdraw ~4-5% from your portfolio each year it will theoretically be able to sustain indefinitely. If you require $1.5k a month you'd need at least $450k to pull it off.
Just go good high dividend stocks
>>2894083
You can't live off dividends. Dividends depend on the percentage of a particular stock's profits in the last year. You can't gaurentee a stock is profitable every year.
>>2894083
Just... this.
Life: 72 years.
Costs: 1500/mo COA 4%
Years: let's say you are 22 - 50 years
12(1500)(1.04*50) = 936,000
So, of you had 500,000 you would need to make...
500,000(50x)=936000 bout 10,000/year, but it declines...
How do I do this? Each year stake declines 18,000.
500,000-18,000(n)
Hmm...
>>2894150
>hurr durr got 200m in dividend paying stocks but can't live comfortably because the yield might change a few %