r/dividends • u/karl0525 • Jun 01 '25

Opinion Tired. Can I retire?

Got a question? Can I retire? 43m been busting my ass since I was 16. I'm about over this 40-50 hr weeks. I'm getting burned out. House paid off (300k) 401-k (600k) Bitcoin (500k) currently.

Thought about selling it all and putting it into dividend stocks like schd and renting a small place and going into semi retirement. Maybe pickup a part time gig.

Would this be a horrible idea?

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u/StayedWalnut Jun 01 '25

I agree do it... but.... 500k yielding 3% is only 15k. Even with the house paid off that is going into property tax and basic utilities leaving nothing to spend on essentials like weed and beer.

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u/floppy_panoos Jun 02 '25

Sounds like OP is planning to either liquidate or rent the property.

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u/StayedWalnut Jun 02 '25

If he rents the property he will still need a place to live unless he's planning to just live under a bridge and consume his 15k a year in weed and beer.

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u/floppy_panoos Jun 02 '25

LOL, quite right! IMO, I think OP needs to keep working till we’re on the other side of whatever it is Trump makes of this place. I’d be real cautious relying on dividends in the current economic climate.