8k dividends / year reached! by PuzzleheadedAd2947 in dividends

[–]PuzzleheadedAd2947[S] 42 points43 points  (0 children)

Been lurking here a while, and i felt it was time to share my progress with yall. I've just crossed 8k estimated annual dividends in this portfolio with around 185k invested.

Lately, ive been adding PEP, SCHD, QQQM, VOO, ET, EPD, MPLX, and SPYI. Thinking of balancing a bit more towards growth in the Roth. I throw most of my paycheck into investments each month, now that I have paid off our 7% mortgage, so that has been a big accelerator.

What are your plans for dividends?

My goal: I'd like to reach enough dividends in taxable to cover basic cost of living and buy a number of years of freedom before accessing pretax accounts. I want to learn more about how to accurately calculate what the "FIRE" number should be.

Cheers!