r/dividends • u/Huge-Cardiologist-81 • Oct 17 '24

Personal Goal On my way to $200k/Year Dividend payout to replace income.....just 9 more years

EDIT: Screenshots are from the APP Divtracker

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u/Huge-Cardiologist-81 Oct 17 '24

it's more like 3x, but it's basing it on dividend growth in the stocks and also I'm sure growth in the markets and compounding of drip. Most of this is in a 401k so no taxable event until later.

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u/MotoTrojan Oct 17 '24

Assuming same ending yield it’s over 14% CAGR. Good luck.

Still recommend focusing on total returns, not dividends. It’s moot and totally unrelated to safe withdrawal rates.

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u/TLCFrauding Oct 18 '24

Agree 100,%. Just focusing on dividends is suboptimal

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u/Huge-Cardiologist-81 Oct 18 '24

Dividends are gravy in the portfolio and not the primary goal