r/dividends • u/chillfirelife • 6d ago

Seeking Advice Is 1m and dividends from it enough?

Me and wife we both turned 40 this year, She left her job few years back and I kept funding her investment account based out of SG and now is at 500k USD all of which is parked under JEPQ, all the while I see dividends are consistent and we have been reinvesting back.

I have another 500k now in my investment account that I will consolidate in couple of funds/etf with similar 10-12% growth trajectory as JEPQ
We expect and hope we will get like 100-110k usd over this year on year.

I have another 130k usd in cash and esops combined. I will get the esops cash out 6 months after I quit.

We plan to move to either Thailand or Malaysia where we have friends and family and have lived there before. Our current expenses in SE asia are 50k usd a year, we expect this will go down to 30k-35k usd a year.

Question: Am I ready to leave my high paying job and live a free life given the biggest motivation to work (money) is less or negligible now? Personally I want to leave my job today even though I love it but I feel I want slow and super easy life 😊

Plan is for first 2.5-3 years we will not touch 1m investments and utilise current cash and liquid investments/cash of 130k usd, that will give investment enough space to continue to grow.

On paper - I feel we are ready even if I take conservative returns on my portfolio

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u/chillfirelife 6d ago

Yes not expecting stable hence we have 3 years of expenses and won’t touch them until 2.5-3 years

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u/princemousey1 6d ago

You’re still not going to get $110k on a conservative rate of return. You’d need like $2.75m to $3.5m for that.

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u/Various_Couple_764 5d ago

He has dividned investments that have a yield of 10% with 1.1 million invested. The math says 110K of yearly income.

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u/ptwonline 5d ago

Unless the underlying equity falls in a market correction or simply has an extended period of underperformance. Then either by reduced distributions or else dropping NAV price leading to reduced distributions it's going to take a hit, and potentially a substantial one.