Individual stocks are a no for me. I’m using 25% each of JEPI, JEPQ, VOO, QQQM. No selling of shares. Just buy more with leftovers.

Great approach and general strategy but definitely not the holdings I'd pick! I'd want less concentration in individual companies and certainly wouldn't want to invest in many of those companies with questionable long term earnings and dividend growth potential. I'd prefer something like: 54% SCHD 25% DGRW 7% BALI 7% QQQI 7% FEPI Starting yield of 5.5%, organic dividend growth rate of over 9%, great diversification, great balance between high growth tech and value companies and a very low expense ratio for the portfolio. As the years go on, and the portfolio income outgrows your needs, you could add an allocation to a pure growth ETF like QGRW, SCHG or QQQM and slowly convert the increasingly unnecessary high yield funds into the high growth fund alongside SCHD and DGRW. At the same time, or instead of the growth fund, you could also convert some of the SCHD position into lower-yielding DGRW to further improve tax efficiency and diversification.👍🏼

You can retire at 50 with a million dollars. My uncle was proof. He passed away at 78 and still had 10k left in his bank account. Mortgage was already paid, no car payments, took 3 budget vacations per year, only paid the necessity expenses, minimalist for most part. Shopped everything for sales when it occurred.

I'd live off dividends with 600k, I'd go to south east Asia and enjoy $2k a month forever. And with 1 million in Europe you can live easily

Even though taxes are a little different with dividends, it will still dramatically affect your model. Additionally, energy or gas and mortgages are 2 pretty important categories that aren’t factored into inflation. I hope everyone keeps this in mind.

Don’t forget about the impact on filing your taxes. EPO is a partnership which issues K1s not 1099s. Also “O” is a REIT and their dividends are not straightforward either….

500k split into some high yield ETF like JEPQ, SVOL, and throw in MO, can easily achieve 50k a year, then put about 200k into some high growth ETF like voo, schd, vgt and or dgro. let it rise and in 30 years it will reward much more than what your 1mil portfolio.

In the 80's savings rates were over 10% in my country. I remember thinking all I need is 1 million and I'd be set for life because of the saving interest rates. How things change!!

Need about 2M portfolio personally. That way I could take some of the dividends as income instead of reinvesting and the portfolio will continue to grow regardless

Really nice video! Love your spreadsheets 😍 Thanks for doing this

Your choices were efficient. I would've liked it if you did an average for compounding and when the portfolio would've doubled. Otherwise good job!

If you made a 5 stock portfolio of JEPI, JEPQ, SCHD, VYM and VOO, split 20% each you would get about 5% total yield with likely much higher capital appreciation. The dividend growth might be lower though, not sure, but you will eliminate the single stock risk.

Is that future income essentially inflation adjusted, because the dividend growth rate outpaced inflation?

Super Job. It actually helps that it clarifies the strategy. It’s pretty cool to see.

I would diversify even more with 1m....at least 2x as many securities with smaller allocations to any individual stock. The nice thing about individual stocks is the qualified dividend. There are many other good companies like PG, CINF, JPM and others that would be good to have a small allocation. I wouldn't touch TROW if it's struggling. Not a big fan of EPD.

How do you find the stocks to invest in? I understand the metrics that you say indicate the stock is good for dividend investing, but with 1000s of stocks how to you narrow it down to a short list to do further research??

I'd love to see this video remade with everything but individual stocks. As for individual holdings I would have found a way to add PEP. There are few industries that are "recession proof" beverage and beverage packaging I believe to be one of them. Especially when you make sooooo many different flavors under 1 roof. There's a reason you can last so long. Pepsi (60) and coke (132). They will most likely forever be in my portfolio.

I would pick PEP over KO very similar starting yield but higher growth rate

Good breakdown of how easy it would be starting with $1 million. All very solid companies

If you were growing your nest egg, would you focus on 5 year Dividend growth?

Wish you’d have discussed why you picked some of these. My guess was to cover industries not covered by SCHD?

Great video... Very interesting.... I have them all except TROW... Appreciate your hard work and efforts in all your videos.....

This is awesome. Really appreciate your efforts putting this information together! 👊

What I like about this plan is the ability to invest that extra $2,243 in year 1. That would provide extra cushion in the form of extra income in the future. In fact, invest the extra in a high dividend growth company like AAPL or MSFT since the starting yield doesn't matter. That would give more security and sustainability.

I would've had some ARCC and OBDC in there, great video tho and I like most of your picks

What do you think of the Oxford Club Perpetual Income Portfolio?

Fantastic video. Lot's of very important information but it teaches folks HOW to do it so that it is a realistic goal.

Why not something like JEPQ, SPYI, CGDV, DGRW, and O?

Unless we switch to ETFs as we move up in age, this is a bit too risky of a portfolio simply because of the exposure to specific companies. I get some of these can be considered "too big to fail" but it might just be my personal touch. Great content though.

This is my favorite finance channel on the web. Thank you do the great advice! I currently have some money trapped in F and MMM 🤦🏻‍♂️ should I sell for a small loss or wait to break even?

you do not factor in social security benefits added in to your monthly income but I see your point with your video. Also is SSA something you can depend on being there or not being cut one day?

How can I get a copy of the spreadseet in this video?

Very insightful video. Thanks for all your research and details.

It’s not the amount you have invested. It’s can you live off of the income comfortably. It’s are you debt free. It’s are you also receiving social security and if so, how much. It’s how is your health and are you getting Medicare, or paying for private insurance. Its do you have any current or future dependents or responsibilities that could suddenly drain the income or principal or both. It’s where do you want to live. It’s do you own or rent. It’s what do you want to do and/or accomplish. It’s many many things that go in to answering the question. At the end of the day there’s only one real question that needs answering. Is more coming in than going out every month, and do you have confidence that that will remain the case? That’s it!

How to get this spreadsheet so we can tweak assumptions etc.? Many thanks

Great video, but do those dividend yields take into account taxes applied the moment those dividends are paid?

i personally think this port. has some unnecessary risk. there are income funds out there that are made for something like this. my dream 1mill port would hold, JEPI, JEPQ, SPYI, ARCC, WMT, CVX, NEE, VZ and likely O but even O has some probs coming down the pipeline.... i would likely hold AMZN and sell covered calls weekly against it for added income as well, running the wheel on AMZN is easy money

Why people focus so much on dividends as if there would be nothing else. Dividends of each decent company (say 4% annual) is nothing else but equals to 4 weeks of options premius at 1% per week. I see dividends more like a bonus among options premiums than main focus of income. Plus there is no allocation or strategy for crash or deep corrections (reversed ETF or Bonds) + gold and silver

EPD has K1’s? Which I avoid. I have ENB. Also, while I have JNJ, it’s got litigation risk still. I also keep my REITs in a Roth. Lastly, the port should have more than 10 positions. Oh, and I think long term inflation is around 3.1%. But the video’s premise was good, and I’d like to score a copy of your spreadsheet. I’d have a pension with a built in COLA that loses to inflation, but could model it as if it were a stock and the COLA as the divvie growth rate, I think.

Assuming a 0% tax rate. You forgot to include that

I love this kind of content, the exercise of walking through how is educational, however in this particular video taxes aren't covered enough. Assuming no job, 50k a year will be taxed. With some of the tickers shown here, like O and Vici, tax will be ordinary income and not qualified dividends. MAIN is usually split 1/3 qualified 2/3 not qualified. With taxes included, I don't think 50k a year is actually achievable. There are also other factors like , if you own a property, property appreciation = higher property tax over time as well. It was a great video overall though, the thought process behind having dividend growth keeping up with inflation is something many people overlook

Good podcast: I recently becan (mandatory) withdrawals from my 401K. Through frugality and good planning I find I can actually save a good part of my distribution. How can I invest this money so as to avoid double taxation? Municipal bond funds are exempt from taxation, but yield very little..any suggestions

It looks interesting and useful. I learned what I have to consider when I get retired in the future 😁

Inflation additive over the last 3 years 17-25% we wish inflation 2.5%

I don’t plan to live forever, but if you mean I can bequeath the portfolio to my children, then I suppose starting with 1 million and growing with each successive generations.

Don’t ignore the taxes, so consider before tax dividends

Do you have a pdf on how you set up the excel PDF?

Nice presentation. At what site are you using to see the funds/dividend

Thank you so much for this video. Been looking for something like this. Right now I'm investing 50% of my money into pure growth stocks and the other 50% into dividend growth stocks. Trying to get as much capital as possible. Then use that capital to put into a dividend portfolio like you just outlined so I can retire early. So thank you.

please talk about taxes here... how much will go in taxes? 15%?

Average Inflation of 2.5% is a poor choice. The real cost-of-living increases are much higher

Whay about the actual positions? Wont they also appreciate over time if the share price increases? Where it would be far over $1m?

Lovely video. Now I have to figure out how to get my hands on that million dollar pot 😀. Nice video, by the way.

Amazing stuff! Curious what’s your main brokerage

Sorry I disagree with your calculations because as a person or couple age they actually spend less, usually over 70 Personally to live off $1m I would do a 3 fund investment strategy with 3 selected individual shares - works fine and generates more than you need with both diva and geowth!

what about taxes? Qualified dividends would be about 15% if i am not mistaken?

Please, make a video valuation for NVIDIA !!!

Might it be a good idea to tell people about the tax differences from distributions on L.P. companies if you are going to suggest buying one for that distribution that you call a dividend? Seems like important information that could have a huge impact on someone if they don't know what they are getting into.

It depends on how old you are. My dividend calculator came to the conclusion that I could retire and live on dividends at the age of 130.😢

When do you allow for taxes?

Ok, so how many of these would turn into "Qualified" divided payouts going forward?

Can you elaborate on the impact of federal taxes to this example in a future video.

Is there a template of the spreadsheet used in this video available for download?

Taxes?

After paying the bills, rent or mortgage. How many people actually have a million dollars that they are able to invest? Interesting but not realistic for your average person.

My cost of living (food, petrol,insurance, HOA, services) sure increases faster than 2.5%--hard to believe the official numbers

I am absolutely doing this myself tonight. I do think you're a little heavy on REITs being a third of your portfolio and I personally would not go so heavy on individual stocks, maybe 50% individual and 50% funds

What about capital gains taxes?

That’s crazy. I actually have positions in all of these companies and if I boosted my allocation, I’d have sped things up so much.

Great video. Really interesting analysis and simulation. Thanks buddy

Split $1M between SPYI, QQQI, and SVOL. That should pay $120k. Each year re-invest 49% of the income split between the sane big tree. That the rest and buy HESM, SCHD, VICI, and whatever flairs your boss. The portfolio is full of diversified ETF and the excess dividends free your income

Better yet if the million is already in a IRA just roll it into a ROTH over a few years and after you pay the income taxes you can keep the dividends tax free.

I am not sure where you live but in our country inflation is actually closer to 20% annually since 2022

The Median Total Retirement Savings in the US at the age of retirement is $16,000 per household. Have any info on how to live forever on that?

This is just portfolio not counting your ssn or pensions if you're lucky

It is important to mention that some dividends may be "qualified" while others may not. Qualified dividends fall into a much lower tax bracket, depending on income, than non-qualified (which are taxed at normal income tax rates). Good video though

Yes sir!

cant access to your spreadsheets. can you show me how?

Deeply appreciated. Thank you.

You did not mention Taxes

Anything you would recommend as substitute for MO ? Having had a couple of family members die of cancer, I just can't buy MO......I realize it may be hypocritical as there are other "sin" stocks and I enjoy a glass of wine.....

EPD is a partnership, so likely a K-1 ? I used to do partnerships. No more. I'm done with that complexity and after at least two of them were bought out from underneath me forcing a big tax situation, no thanks.

This is good stuff. Especially for those of us already close to retirement. You forgot to subtract out taxes but this would still work. You just would only have about 5K left. I like half your picks. SCHD, VICI, and MAIN (I have these on my list already) and TROW I will add. I think if you want an oil stock exposure I would check out DMLP. That would fit right in. If one wants to be more aggressive than swap out SCHD and use JEPI instead. Finally I would add a couple ETFs for diversity. SVOL will help with the returns and is usually very steady although that is entering a danger zone now. I had that one for a long time but got out last year. Maybe pick 1 other asset class as well. Maybe CCRV just to hedge inflation as that seems like it will be an issue going forward (no more free money 😟 )

all you have to do is start out with a bank owning senator as a dad and you can do it easily.

QYLD pays 11.65 monthly dividends.

I would put most of it in dividend stocks and live off that

why no JEPI?

I’d be okay for dividends to cover my necessities, while still working to invest overtime. I’d give myself a decade to get to a point to cover my stable income annually.

Suggested reading/research - The Income Factory

Lately Inflation has been way above 2.5%….it’s been at least double that.

Argentina, you need 300k to do the same :) (even taking in account the -35% you lose for not be us resident)

Just don’t do cocaine.

When will you open up Premium tier on your patron again? Would like to join.

good video, but why use such a ridiculous inflation number? That’s off by at least 5%.

I'm in contract to sell one of my homes and I will be walking away with around $1.175 million, so I have been trying to figure out what to do with the windfall and whether I should seriously consider retiring sooner rather than later (I have 7 figures in retirement/investments as well). I'm looking at all of the options - ETFs, annuities, dividend stocks, individual stocks, real estate, etc. as well as the tax implications. So much to consider!

Well done...enjoyed the content on this one.

Maybe you should start with how we get the $1 million first and then this would be great!

WHERE CAN I GET THE MILLION TO START?

Thank you for sharing your knowledge :) are you able to share your dividend template :)

Good videos! Informative! Thank you but? There are many ways to skin a cat yes? $1 million invested a few Vanguard funds can give you a 10 per cent growth which is $100,000 per year. Of course, some years it will be negative. Either way you are dealing with stocks. A fixed annuity is probably more stable is it not? This is a good video do not get me wrong but if I was going to do this I would look at companies with yields at least from 5 to 10 per cent. MAIN for example? Of course, is your $1 million in a ROTH account? Taxes? Cheers😊