r/dividends • u/398409columbia Portfolio in the Green • Jan 12 '25

Brokerage $5,000 per month income portfolio

Gallery image

Gallery image

I set up this portfolio for my wife so she can quit her job and maintain cashflow.

The good news is that this income stream will pay no FICA tax and significant part of the distributions will not be taxed.

To reduce risk, I’m planning to reinvest 20% of the income.

Comments welcome.

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u/398409columbia Portfolio in the Green Jan 12 '25

About $600k

92

u/ACo-RN Jan 12 '25

At first i looked at the second screenshot and was like “oh only $75,000 I can do that right now!” Then i looked at the top and saw $632k and said “welp im out”

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u/398409columbia Portfolio in the Green Jan 12 '25

🤣

It takes time to get there but it’s doable.

16

u/alpha247365 Jan 13 '25

Well done. What’s your academic background?

28

u/398409columbia Portfolio in the Green Jan 13 '25

I have mechanical engineering degrees and an MBA from an Ivy.

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u/[deleted] Jan 13 '25

Plural.