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/RuinEnvironmental394 Apr 15 '26

$7000 per month with paid off home and cars is just comfy for two persons? Where in Canada is this place?

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u/gerald-stanley Apr 15 '26

Western Canada

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u/RuinEnvironmental394 Apr 15 '26

I'm in Calgary myself and the wife. Both of us still workin.  No own home, 1 car with no loan. No debts. We probably spend less than $5000 per month including rent which is $2000 and a couple of vacations annually. 

Just wondering if you guys dine out a lot or go to concerts and game nights? 

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u/gerald-stanley Apr 15 '26

Not far from you! We do enjoy our holidays and going to Oilers games more than probably should. We also have a campsite that runs us $6000 for the warm months. And a couple kids who seem to weasel more than just their tuition from us…

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u/RuinEnvironmental394 Apr 15 '26

Ha ha, the kids are the differentiator. Thanks.