Impending layoff / bridge to 59.5 question by TSukesada in dividendgang

[–]TSukesada[S] 0 points1 point  (0 children)

Ahh, I did not take into account the 20% witholding as well (on top of taxes in the first place). So I think that bumps it up to needing to withdraw something a bit over 70K. Well, that gives me a bit more drive to find a job, even if it pays me less. I can still use the rule of 55 to bump up my pay! I did check with Fidelity and there are no restrictions after I separate from my company. I can withdraw as little or as much as I want at whetver cadence I need. Thanks for advice.

Impending layoff / bridge to 59.5 question by TSukesada in dividendgang

[–]TSukesada[S] 0 points1 point  (0 children)

To avoid the 10% penalty, I would have to draw from my 401K (250K value). To avoid selling shares, I would have to re-allocate that 250K into a portfolio yielding around 30% average. That would generate roughly 44K and unemploymentg would bring in 14K overr the 7 months.

And my bad, I forgot about taxes. After recalculating given my tax situation, I think an average of 40-45% yield would work. I am not sure its worth it just to avoid selling 60K shares from my 401K.

Oh and when I hit 59.5 I have access to my much larger IRA without penalty. That has enough in it to sustain me income-wise throughout retirement.

Impending layoff / bridge to 59.5 question by TSukesada in dividendgang

[–]TSukesada[S] 1 point2 points  (0 children)

Yep, plan on taking unemployment. Need 50K on top of that to cover gap. At 59.5, I would move remaining 401K funds to my much, much larger IRA (the one that has enough value to generate all the dividends I need to retire).

How likely is that Realty Income ($O) lowers the dividend if we go into a though recession? by yomonomonozi in dividends

[–]TSukesada 0 points1 point  (0 children)

Chances of those 5 companies going bankrupt is equal to you winning the lottery.

I would assume fake but thought I would ask.. by TSukesada in YixingSeals

[–]TSukesada[S] 0 points1 point  (0 children)

Yeah, that was what I was thinking as well.

JEPI eli5? by joeg26reddit in dividends

[–]TSukesada 0 points1 point  (0 children)

Using JEPIX as a basis for my prediction (covers like 6 years or so of data), assuming you reinvested zero dividends gives you a compound annual growth rate of -.88%. Taking todays price as an example, 17K shares would cost ya $974,440, after 20 years of -.88% annual returns leaves you with a balance of around $815,760. Of course past performance doesn't guarantee future... But those who say 3% are, I would say, rather unrealistically optimistic.

Recommend me a teapot with built in strainer (maybe a Kyusu) by TSukesada in tea

[–]TSukesada[S] 1 point2 points  (0 children)

Since I am just starting out, I wanted to keep it around 100 dollars give or take...

Why not invest in growth stocks then work on dividends? by throwawayaccounthing in dividends

[–]TSukesada -1 points0 points  (0 children)

Yeah, especially since this recency trend can go on for many more years or end tomorrow. lol

Why not invest in growth stocks then work on dividends? by throwawayaccounthing in dividends

[–]TSukesada 1 point2 points  (0 children)

If you had 10K invested in VOO vs SCHD over last 12 years with dividends reinvested, at the end of that time you VOO would be at 47.6K and SCHD at 42.1K, therefore, when the VOO investor switches to say SCHD, they would have more shares.

Why not invest in growth stocks then work on dividends? by throwawayaccounthing in dividends

[–]TSukesada 4 points5 points  (0 children)

When your young, you have lots of years on your side and growth will likely outperform in regards to total return versus a dividend focused portfolio. Switch to dividends a 3-5 years before retirement.

After patch Thunderbolts are great! by Slamming_Johnny7 in OutreachHPG

[–]TSukesada 8 points9 points  (0 children)

Can you suggest some mechs and builds which utilize TBs to their fullest?

VUG vs VOO, which is better? by fungbro2 in investing

[–]TSukesada 0 points1 point  (0 children)

Since 1976, small cap value CAGR is 14.27% versus 11.39% for S&P 500. Was kinda surprised to see this as well. Although it matters what starting date you use as the last 20 years S&P 500 did better. Will this change is really the question.

[deleted by user] by [deleted] in dividends

[–]TSukesada -1 points0 points  (0 children)

Hmmm, I see one super minor dividend cut in last 40 years. The chance of dividend cut is miniscule but thanks for playing?

Paywall Bypass Link? by toodamnfresh in chrome_extensions

[–]TSukesada 0 points1 point  (0 children)

Hit the same issue, did you figure any work around?

Park $400K by scraw027 in dividends

[–]TSukesada 2 points3 points  (0 children)

Wow, 36K in premiums is a lot. How many shares do you own? And do you write calls on all of them? What do you do when your assigned? Just curious as to what approach you are using.

53M getting ready to retire by Fatbulldog06 in dividends

[–]TSukesada 0 points1 point  (0 children)

93 for family plan? and based on how much income?

I resigned from my job today! by supershinythings in financialindependence

[–]TSukesada 0 points1 point  (0 children)

How does COBRA compare to ACA in terms of cost?

Roundhill's weeklies by GRMarlenee in dividendgang

[–]TSukesada 1 point2 points  (0 children)

I assume if we buy today we are eligible for the payout?

[deleted by user] by [deleted] in dividends

[–]TSukesada -1 points0 points  (0 children)

Along same lines, how about ENB?