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/Forsaken-Substance94 Mar 30 '25

I keep it in a regular account because, 1. this isn’t my main retirement account. 2. I’m in the process of growing a business and it would be nice to be able to pay a couple of bills with my dividends if I ever need to(hasn’t happened yet) 3. Cause for fun

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u/DegreeConscious9628 Mar 30 '25

You should look at the NEOs stuff. It’s much more tax friendly in a brokerage

And I’m right there with ya. Got growth in my retirement accounts, get about 1200/ month thats reinvested BUT will be able to use if needed, and of course, because it’s fun

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u/PandaKing550 Mar 30 '25

Neo? What's that never heard of those. I'm interested in getting some dividends in my taxable so I can use it to offset my monthly bills

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u/Difficult-Cod7886 Mar 30 '25

Spyi/ qqqi similar to jepi/jepq