Are Dividends Part of Your Income?

[Retired To Win]

In my case, 60% of my passive income comes from stock dividends. That steady inflow of cash makes a gigantic difference in my budget.

How about you? Are dividends an important part of your income stream?

Retired To Win
making the most of my time and my money

[97guns]

100% of my income in generated through real estate, another form of passive/free income, my dad had retired and lived off his dividends for 30+ years

[disneysteve]

I'm not retired so the answer is no. All of my dividends and capital gains get reinvested. Once I do retire, however, I'm sure my answer will change and I'll start drawing out some of that investment income.

[feh]

In my case, 60% of my passive income comes from stock dividends. That steady inflow of cash makes a gigantic difference in my budget.

How about you? Are dividends an important part of your income stream?

Not yet. Dividends in tax-advantaged accounts just get reinvested.

This is the first year I have not had dividends in our taxable accounts reinvested, however. They are being used for short term investments, as we prepare for retirement.

[kenp11]

Taxed

100% of my income in generated through real estate, another form of passive/free income, my dad had retired and lived off his dividends for 30+ years

Dividends are taxed. Index funds may be better.

[kenp11]

How $300k generates enough income

100% of my income in generated through real estate, another form of passive/free income, my dad had retired and lived off his dividends for 30+ years

Ok so tell us how $300k net wrth can generate enough money to live on! Do you have to live in Idaho?

[97guns]

Ok so tell us how $300k net wrth can generate enough money to live on! Do you have to live in Idaho?

nope, bay area california

grossing 12-14% on that 300K works out to around 40K, my portfolio has grown since and it now generates over 5K a month

[kenp11]

nope, bay area california

grossing 12-14% on that 300K works out to around 40K, my portfolio has grown since and it now generates over 5K a month

If that is all dividend funds can you list the fund sysmbols? 40k is taxed at 15% right?

[97guns]

re read my first post, 100% of my income is through real estate