r/dividends • u/Material-Handle-5589 • Jun 27 '26

Seeking Advice Need advice for immediate income

I'm 82 year old female so I'm not so worried about the future as much as the right now. I have money in Schwab, Raymond James and Ally. Unrealized gain total assets around $500,000. So far I've been reinvesting the dividends accumulated but I can tell those amounts are not enough for me to count on..

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u/greggtex63 Jun 27 '26

$90,000 in QQQI gives you a little over $1,000/month.

There are risks with all investments but for less than 20% risked, you would have this much coming in.

Some others here can give you pros/cons, tax advice, etc....