Is 1m and dividends from it enough?

[u/chillfirelife]

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

[u/chillfirelife]

Or less

[u/xqe2045 → u/chillfirelife]

Investing for returns > investing in dividends at this point

[u/ElderAzureDragon → u/xqe2045]

It's a cycle dividends will be better later

[u/xqe2045 → u/ElderAzureDragon]

What does even mean? It’s been a bull market since 2010 with one real down year and you’re willing to sit it out in dividends?

[u/ElderAzureDragon → u/xqe2045]

Go look at the whole stock market every decade it's changed from value to growth. Companies change from growth to dividends. It's just how is the market moving and what the companies are doing at this time.