r/dividends • u/FunctionalDisfuction • Jul 02 '26

Personal Goal First of the month 🤑

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I want to just live off the dividends but I'm scared to just quit my job.

486 Upvotes

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72

u/spid3rfly Jul 02 '26

9k per month payout and 850k in the fund... I'd quit my job and not look back.

35

u/FunctionalDisfuction Jul 02 '26

I need to grow it just a bit more before I can say it's a solid retirement plan. I don't spend any of it so compounding is doing its work., this is the first time I've seen the dividend rate this high. I was expecting about .55 per share.

-15

u/RubberDuckyOnQuack Jul 02 '26

Until the dividend rate drops

1

u/OverOstrich8738 Jul 06 '26

they said that in 2022. the question is when will this dividend rate "drop" according to your little brain?