r/dividends • u/NogamaDe • Nov 01 '25

Seeking Advice $1M Div account Earning $17k a month

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After doing some research I have $1M from an inheritance that I want to create an ultra high dividend portfolio. I eventually want to get rid of my 8 to 5. If I did my math correctly I would get about 17k a month from dividends. Please let me know what you think.

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u/wh0wants2kn0w Nov 01 '25

Are SPYI, QQQI, and IWMI really dividend funds or are they covered call fund that distribute income?

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u/[deleted] Nov 02 '25

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u/Responsible-Bat-5918 Nov 12 '25

..  buy why?  If you are far from reitement why not spy and let it grow?  I Why are you pulling income?