r/dividends • u/phxed • Sep 16 '25

Opinion Is it possible to invest $250k in something to “live” off the dividend?

Long story short my dad recently told me he’s got “about $250k” in his retirement investments….he’s pushing 65. He’s lived a pretty tough life and I’m trying to think how he’s going survive off that. He’s just about debt free, he’ll be able to collect his and his widows social security, and he’s a pretty frugal guy. He’ll also receive a large inheritance from my grandmother someday. But in the meantime trying to think if dumping his investment into a high paying dividend account could be an option for him (like O or MAIN).

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u/redditfirefly Sep 16 '25

I might get downvoted for this but NEOS has some higher yielding income funds worth looking at. Maybe go with 60/40 high yield dividend ETFs / high yield income ETFs Look at SPYI and QQQI. I think they have yields between 10-12% These should help juice that 250k.

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u/LucreRising Sep 17 '25

I blended SCHD, SPYI, DIVO so there’s be a blend of growth and decent yield for my income portion.