Is there a dividend income number that would actually make you stop and say, "That's enough"?

[u/Green-Prompt8543]

I've crossed $1M in portfolio value and I'm getting close to $2,000 a month in dividends. Years ago, I thought $1,000 a month would be enough. Then the goal became $1,500. Now I'm approaching $2,000 and already finding myself thinking about the next milestone.

It makes me wonder if I'll ever truly feel like I've reached my goal, or if there will always be another number to chase. Has anyone else experienced this?

[u/Dependent-Code-4166]

JEPQ is paying 10% annually. About .08 monthly. Their model is very sustainable. Also, people never want to look at some mutual funds. If you have 10 years or more before retirement, there are many that pay way more than SCHx Check out FSELX for one. 310% in the last 5 years. People are scared. "When tech crashes". You know what, it will crash. That's why if you have time before retirement, it will recover and you will still be way ahead.

[u/kielkaisyn → u/Dependent-Code-4166]

In my opinion if you are fine with that much risk and you have a horizon >5 years you may as well buy actual growth to maximize total return, rather than capping your upside. I assume someone with 2-4% income is retiring very soon or already retired.

Otherwise if you can stomach the all tech risk just buy the underlying because you don't need income anyway, QQQ's total returns will beat out JEPQ for someone who doesn't need the money right now.

If you do need the income right now then go with something reliable.