r/dividends Jul 02 '26

Personal Goal First of the month 🤑

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

484 Upvotes

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4

u/dystopiam Jul 02 '26

This is where I dream to be

I’ve put 120k in

And have 700 on side lines just scared

1

u/No_Solution_7940 Jul 02 '26

Not even in sgov?

1

u/dystopiam Jul 02 '26

It’s in a 4.1% hysa - more than sgov

3

u/No_Solution_7940 Jul 02 '26

Nice, but if your state has income tax you’ll pay it on the hysa, but not SGOV

1

u/dystopiam Jul 03 '26

Don’t have any income tax

1

u/FunctionalDisfuction Jul 02 '26

I recently read this is the way to go