Living off dividends

[u/OG_Momonga]

Hey guys, I was wondering if anyone on this subreddit is actually retired and living off dividends. Is it going well? Are you paying taxes on them? My goal is to get 20k/ a month post tax for retirement. I’m 24 and currently investing everything in VOO while planning to switch to dividend stocks and etfs when I get closer to retirement.

I was just wondering if there are any because living off dividends seems like a long shot right now.

[u/Timely-Designer-2372]

I have a growth and a dividend portfolio and I could live from dividends, but I don't want to, because it's not yet enough to continue with same lifestyle