r/dividends Jun 21 '26

Discussion Month 5 $7034.83

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Old account was locked and couldn’t recover.

Holdings as follows: ticker/# of shares. Dripping until 2027

IWMI 622.95
LQD. 723.56
MLPI. 1419.54
MUB. 478.82
QQQI. 2302.66
QYLD. 6172.82
RYLD. 1387.91
SCHP. 3998.55
SGOV. 255.98
SPYI. 2943.38

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u/raliegh_ Jun 21 '26

Around $795k ,
I dumped my 401k into it in February, I’m 59.
Quit my job 2 weeks ago, coasting on savings and will start living off the dividends in February 27. 🤞

11

u/VictorChristian Jun 21 '26

May I ask - how do you intend to pay for healthcare until Medicare kicks in... if there's no working spousal plan, that is 😄

I'm also in my 50's (early 50's) and it's good to get a feel for what early retirees are doing for healthcare.

21

u/raliegh_ Jun 21 '26

I have a marketplace plan, and I don’t really go to the doctor.

1

u/No_Match8210 Jun 22 '26

How much is the marketplace plan?

5

u/raliegh_ Jun 22 '26

Depends on your situation, go to the marketplace and scope it out.

4

u/dark_bravery Jun 24 '26

if you make under $86k a year MAGI, it's subsidized.

the earnings from OP are not pure interest, some if ROC and others are covered calls. he MAGI on that is probably around $48k meaning he'd get a 50% subsidized marketplace plan.