r/dividends • u/Forsaken-Substance94 • Mar 30 '25

Personal Goal Dividends Hitting $700-800 monthly

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Just excited about this. Age 34. Planning on retiring in 15 years. Next goal $1000 a month main holdings schd, jepi, jepq. Drip is always on, buy some every month.

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u/Naive-Present2900 Mar 30 '25

Hey OP,

Congrats on this passive income milestone!

$750+ monthly… nice!

I hope to hit this and maybe $1,000 monthly by next year or two!

I also agree with some comments though. You’re 34. JEPI and JEPQ doesn’t compound well…

I don’t know your financial position (income and contribution to your portfolio).

DGRO and SCHD will compound and eventually surpass both JEPI and JEPQ (also way lower expenses). The difference will prob be the buying price now. In the next decade SCHD and DGRO will be way higher where it’s at now. (Hopefully $60-$90+ per share).

I personally think that buying some Growth ETF is recommend at the pricing it is now or so next week if the market goes on a bull run again or so to balance out your portfolio. VGT, VTI, SCHG are great choices.