Achieving financial independence is a significant milestone, but it doesn't ensure a secure retirement unless your retirement funds generate sufficient income. In the context of retirement planning, cash flow becomes more critical than the sheer value of assets. My journey towards this realization began when I commenced tracking dividends in January 2015.
My investment strategy predominantly revolves around low-cost index funds and ETFs, resulting in dividends being distributed on a quarterly basis. This approach aligns with my goal of ensuring a consistent and reliable income stream during retirement. By focusing on income-generating investments and monitoring dividend payouts, I aim to build a retirement portfolio that not only provides financial independence but also sustains a steady cash flow, ultimately securing a comfortable and worry-free retirement. In essence, it underscores the transition from wealth accumulation to the prudent management of assets to sustain financial well-being in retirement.
2019: $624.54
Wow you really increased from 2016 to 2017! Thats awesome to see!
ReplyDeleteI just started my own blog about dividend growth investing and my path to financial freedom.
If you have a second check it out and let me know what you think!
https://millenialdividends.blogspot.com/
Thanks. Will definitely check out your blog.
DeleteThat is really impressive annual growth rate! Investing in index funds also gives you a nice sector diversification.
ReplyDeleteThanks DD. Yes I love the diversification. Even a major drop in market I am not too worried :-)
DeleteKeep up the good work! You and I seem to be at about the same level of dividend income right now. Slow and steady wins the race as they say! Also, how has traffic been on your site? How long have you been working on this blog? I really like it and will be checking back frequently to follow your progress.
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It was a great article with all the concepts clearly explained. The dividend is all about the distribution of profit to its shareholders. It is paid in the form of cash or stock. The organization has its own dividend policies which are affected by various factors.
ReplyDeleteFactors affecting Dividend policy of a firm
Dividend is the best way for passive income. Thank you so much for sharing this informative post for readers who are interested in making money while sleeping.
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We are dividend lovers that's the thing, compel me to visit this amazing blog. We also made one blog related to value and dividend investing. If you want to visit so welcome.
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