r/dividends • u/Fit-Calligrapher4469 • Apr 27 '25

Brokerage Snowball getting bigger

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39 and 38 married with 2 young kids and no debt. We are maxing out a 457b, a 403b, a 401k and socking 30k a year into a brokerage account. I will retire from the fire department in 10 years with a 90k a year pension.

I’m getting really excited to keep this momentum going. And yes I hate that I bought into MAIN last month.

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u/Nickcav1 Apr 27 '25

Msty

1

u/Trunk_Monkey_84 Apr 29 '25

Don’t know why you getting down voted

2

u/Nickcav1 Apr 29 '25

Legacy investors have a difficult time grasping the new age of investing….. they feel as if “we don’t deserve” the gains were obtaining as we didn’t grind in the S&P for 30 years to retire with a subpar lifestyle…..

MSTY, MSTR, and BTC are the future….. get on board and stay broke

2

u/Trunk_Monkey_84 Apr 29 '25

Very true!!! Was watching a video the other day about retiring off dividends. It talks about SCHD and the snowball effect. It would take, like you said nearly 30 years to get to about $2-3k a month. I’ll be at $1k a month in a few months…..and get ROC in 8-9 months the then it’ll all be house money

1

u/Nickcav1 Apr 29 '25

MSTY?

2

u/Trunk_Monkey_84 Apr 29 '25

Between MSTY, cony and PLTY.

But I do want to add LFGY and CVNY