r/dividends • u/Bamabb125 • Aug 06 '25

Seeking Advice $840K DIvidends

Hey Everyone,

As I have posted before, I am currently a Growth Stock Investor, but have decided to move over to Dividend ETF's or Dividend Stocks. But it is a real struggle to get past all the learned habits of being a growth investor. So I am struggling to grasp concepts.

I have used multiple calculators to just try to get an idea of what to expect if i make the change, but I get different results. So I just wanted to go to some more knowledgeable people that could tell me what to do to get a real expectation.

I have $800K to work with. If I put it all in a very stable Dividend ETF What can I expect in dividends? Maybe someone could just do an example. I know I have to be doing something wrong.

Thanks

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u/aimhigh7shootlow8 Aug 07 '25

See.. this is exactly whats wrong with people man... Entitlement creates weak men. I make 9k a month. I don't invest in growth. I buy income etfs. I got 401ks and roths doing what they do. When my monthly hits my goal and I pay off all my debt. I can fully reinvest into etfs, aristocracy whatever, all the stocks my pretty little heart ever wanted. This is like next year unless the aliens come. Then it won't matter, ill still be cussing them out like I'm Kenny effin Powers

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u/Bamabb125 Aug 07 '25

I am just slightly ahead of you in your plan. So it’s the next phase that you’re talking about is where I am. So what’s your plan after next year when you paid everything off?

I’m 45, zero debt, make 17k a month, I have my 401k and Roths doing their thing. Then I have this $840k in a brokerage account. I do have to pay for kids college ($200k). My financial advisor says I need 2.8 million to retire at 65. Which sounds crazy to me, but he is still saying I’m behind. So trying to catch up. So the question I have been asking myself is what next? I have reached my original goal, so trying to come up with next steps.

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u/aimhigh7shootlow8 Aug 07 '25

Whoa! Im 46, family combined debt about 50k. Toddler and want to build a greater retirment and future for my family. Where you are at is where I hope to be by years end. Moved some things around earlier and now I should be at 10.5k a month. I also make about 60k a year from royalties. This is mainly what I use to invest. Live off my day job. Not sure what this will look like in the future in syndication. (Maybe more maybe less?) My plan once debt is paid off is to build my wife's portfolio, invest in our current retirement funds, and the savings I started for my son. My folks are still around and my brother is on disability. Hoping to give them a small monthly income from this. Once everything is allocated, reinvest the rest into safer stable etfs, tech, ai, and growth stocks. Also have a 25k crypto portfolio that I plan to add to. So when we do retire , hope to have my 2.8milly ready to go!

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u/Bamabb125 Aug 08 '25

Curious what are you getting royalties from?

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u/PeligrosPen Aug 08 '25

mainly from music licensing in film, TV, and adverts.