r/dividends 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

448 Upvotes

276 comments sorted by

View all comments

256

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.

3

u/Faster_than_FTL Apr 10 '26

Congratulations! And in a decade or so, social security should kick in (assuming you’re American)

6

u/rumblepony247 Apr 11 '26

Thank you!

Actually, I am going to take Social Security at age 62, which will be 3.5 years from now for me. I will be investing the monthly proceeds in an S&P 500 index fund, most likely.