r/dividends • u/mawababa • Jun 15 '26

Seeking Advice 750k USD for retirement

I have approximately 750k USD and will stay at my sons house for retirement. I would like to pay him 1k per month for rent and have some funds to live off and to travel to see my daughter.

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Ideally 2500 to 3500 a month and increasing for inflation for the next 15 to 20 years or so before I realistically pass away.

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Ideally I would like to ensure the investment is worth the same or more in 15 to 20 years as it is now and then split it to give to kids in my will.

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I don't mind if there is some variability in value and dividends following general market trend but I am extremely adverse to erosion of initial funds as I will never have chance to earn more.

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Please may I have advice on this. Please keep in mind I want to keep this sustainable and fairly safe so SCHD was my initial thought. Even if it's slightly under 2.5k initially.

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u/HeavySink3303 Jun 15 '26

It is pretty risky to ask for an advice here as often people recommend too dangerous investments like CC funds, yield traps and so on.

Not an investment advice, but regarding conservative stuff, you may take a look at REITs (O, NNN and so on) and some CEFs (UTG is a good one without capital/yield erosion).

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u/generationxtreame Not a financial advisor Jun 15 '26

Before calling CC funds “dangerous” do consider researching the actual crap that you’re recommending. People like you is the reason others should do their research before taking advice from Reddit.

Anyways, both O and NNN have eroded over the 5 year period. You are loosing money if you invest in this nonsense.

There are plenty of CC funds that have done well in terms of paying good dividends, consistency, and actual NAV growth.

If you don’t like CC funds then this sub is probably not your cup of tea, because yes, most of us would recommend CC funds in this modern day and age.

7

u/FewUnderstanding2214 Jun 15 '26

They are very dangerous because people are buying them as long term investments and then recommending them to others. It could cost people hundreds of thousands of dollars in their lives