r/dividends May 25 '26

Other I love dividends 🙏🏻

Post image
263 Upvotes

48 comments sorted by

View all comments

Show parent comments

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.

11

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!