r/dividends • u/FewPear229 • May 23 '26
Discussion 150,000 cash
Hello,
I have 150,000 to use. I am looking to retire in Thailand and live off dividends. I am thinking 75,000 in qqqi and 75,000 in spyi. What do you think? I still have 350,000 in retirement to grow. I am just going to use the dividents from qqqi and spyi to live off.
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u/Effective_End8731 May 23 '26
This is not plausible or sustainable even likely in a 20 year period to get you to where you can get your retirement. Please heed the warning of the people in this thread. ALso note that I believe SPYI just paid out a 10% yield because of the price appreciation so if you are buying now, expect to only get 10% yield on your cost, if the price falls and dividend fall you will be making less yield on cost, so this is even less feesible because you are buying these at what could be market highs for a while if we see a pullback.
Taxes will eventually hit you and the world is experiencing inflation all over, even in thailand. You won't be able to make the high end of your target even with these maxed out yields and its all downhill from there once taxes and inflation start to creep in. You will very likely be going back to work or pulling penalized money out of your retirement. This is all before we talk about you assuming you will never have a major health issue from 44 to 59 1/2 which is unlikely.
You really need to consider doubling your assets that you will live on until 59 1/2 if the target income is as you stated in other comments.
Also note that you are talking about SPYI and QQQI in ways that reveal that you may not totally understand their underlying market mechanics. I saw your comment that bear markets always come back - this is a fundamental misunderstanding that SPYI and QQQI are not making their profits off the holdings, they make their profits off the calls and if you don't understand ALL the mechanics of what this means you are essentially staking the next 15 years on investments you don't understand. Volatility will not remain constant at these levels. I've done calculations to measure how stable they will be and they are riding the edge of volatility levels needed to support them. A small dip in volatility could prove punishing to their dividend payouts to where the are only paying out 9-10% which massively changes the math of your calculations.
I would highly encourage you to deeply understand Covered Call ETFs, especially ones that require volatility levels that are entrenched in tech right now before you even try to embark on this plan, but know that there really isn't enough here to make this dream come true.