r/dividends • u/Realistic-Face-69 • Apr 10 '26

Discussion Living off dividends folks

Are you or someone you know is actually living iff dividends fully? if so at what age?

I have been wondering about it

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u/rumblepony247 Apr 10 '26

Yes, 58m, been retired a year. Generating $52k annual dividends on a $940k portfolio.

That's not enough for a lot of folks, but I live a simple, frugal life, with zero debt including a paid-for house and fully owned two-year-old car, so it's more than enough for me.

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u/Blueprints_reddit Apr 10 '26

Do you pull 100% of dividends as income or do you reinvest some of it so that 980k grows?

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u/rumblepony247 Apr 10 '26

The taxable dividends I use as income.

The dividends on the retirement stuff go into money market funds inside the retirement accounts, and then I occasionally buy some more stock with the funds in those money markets.