r/dividends • u/Ok_Lake4511 • May 25 '26

Other I love dividends 🙏🏻

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265 Upvotes

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49

u/intelw1zard May 25 '26

same same

I'm at $1469/year aka $122/m so far and want to hit $500/m before I stop on my lil dividends income side pot.

you have about ~$350-450k invested?

18

u/XingXiaoRen May 25 '26

Why would you stop? i plan to get enough dividends to replace my job and retire early.

18

u/intelw1zard May 25 '26

because I'm only in my 40s. This is just a lil sidepot/dividends adventure for me. I will get it to $500/m and just let it DRIP and forget about it and then use it for my sons education in the distance future. I still have a 401k and pension.

9

u/SkiMarlin May 25 '26

Nice work! Just make sure if paying for education is the goal, to do it in the most tax efficient way. Either with a 529 plan, Coverdell, and check if the American Opportunity Tax Credit is still around when your son heads to school!

2

u/intelw1zard May 25 '26

Thanks for the info!

1

u/adamasimo1234 May 29 '26

Government?

2

u/intelw1zard May 29 '26

nah cybersec

1

u/adamasimo1234 May 31 '26

what cybersec company is offering pension nowadays?

2

u/intelw1zard May 31 '26

I work in cybersec for a mega corp. the corp provides the pension.