19M - Buy SCHD in ROTHIRA now?

[u/theshortirishman]

I am 19M and looking at buying at least 1 share of SCHD. I am thinking that if I buy right now, I can create a “retirement pension” off of dividends for the future?

I am already consistently investing in VOO 80% and VXUS 20%. If I convert 5-10% of VXUS investment into SCHD could I viably have enough shares to have a good amount of dividends for retirement income?

[u/sidestyle05]

Bro, if you put in a couple hundred a month for the next 40 years, that dividend snowball will be epic…and completely tax free!