The BEST and FASTEST Possible Way To Live Off Dividends

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  • Опубліковано 1 гру 2024

КОМЕНТАРІ • 192

  • @rynewilliams
    @rynewilliams  Рік тому +20

    At what age are you hoping to retire and live off your dividend income? Let me know in the comments below! 👇

    • @ganesh143dev
      @ganesh143dev Рік тому +1

      I'm gonna turn 31 I wanna retire at 50

    • @dustinmears9916
      @dustinmears9916 Рік тому +1

      36 yrs old looking to retire about 55.my strategy will be as follows
      40%-etfs
      40%-bull stocks
      -tech,industrial,materials,real estate,discretionary
      20% bear stocks
      -healthcare,communication,staples, utilities,energy

    • @jeffaragon
      @jeffaragon Рік тому

      I'm 38 and wanna be done working in 20 years🎉

    • @jeffaragon
      @jeffaragon Рік тому

      @@Tendomcgoobin well invest 500million let it re invest dividends and by 8 you should be great.

  • @stevenkozak8445
    @stevenkozak8445 Рік тому +74

    18 years old and have about 2k in JEPI and SCHD and am putting 50 dollars into each a week. Can’t wait to see the snowball start!

    • @rynewilliams
      @rynewilliams  Рік тому +23

      Man that’s awesome! Great job getting started so young. You’re going to be rolling in those dividends 💰

    • @ljamalama1
      @ljamalama1 Рік тому +29

      Never stop man. I wish I was investing at 18. Good for you!

    • @dividendking3686
      @dividendking3686 Рік тому +7

      Nice! Wish I've started at your age! Keep it up

    • @jp1419
      @jp1419 Рік тому +12

      Don’t take it out!!!

    • @Wacho.managing
      @Wacho.managing Рік тому

      I have
      HBI, ARR, KEN, ZIM, PBR.A, PBR, CANG, USEA, CIM, OPP, MPW, GECC, GOGL, CLM, QRTEP, EFC, AM, OXLC, GFKSY
      only a few in my account

  • @cashflow68
    @cashflow68 Рік тому +99

    I fully retired at 59. I put 2 kids through college and paid off my house when I was 45. I’m 68 & waiting until 70 to collect my SS. My dividends & small pension is easily supporting my wife and me. I started investing in the late 1980’s with basically nothing. It
    will take time & patience to be financially free. Btw, I was in retail business that paid just an average wage. So it can be done.

    • @rynewilliams
      @rynewilliams  Рік тому +9

      Man that’s all so awesome to know. Thank you for sharing that 🙌

    • @Tslee45
      @Tslee45 Рік тому +3

      WoW definitely a accomplishment!

    • @biggstile
      @biggstile Рік тому +2

      Congrats. You were persistent and patient.

    • @barrybearman3511
      @barrybearman3511 Рік тому +2

      Very cool
      Good for you

    • @BadWeatherfreak
      @BadWeatherfreak Рік тому

      Which stock you own?

  • @chantelsanders1972
    @chantelsanders1972 Рік тому +33

    I'm 32 years old right now. I'm never planning to fully retire, just shift what I'm doing to something I'm more passionate about. If I could get to the point where I'm bringing in roughly $6-800 a month in dividends then I'll be more than set.

    • @rynewilliams
      @rynewilliams  Рік тому +5

      I think that’s a great number to shoot for!

  • @VictorSanchezVS13
    @VictorSanchezVS13 Рік тому +17

    Hoping to retire at 60. My kids will be 25 and 22. If I feel good enough to keep working, I will. Any year past 60 the dividend snowball will be a huge jump in dividend income.

    • @InvestingWithKevin
      @InvestingWithKevin Рік тому +2

      I truly hope you reach that goal I told myself 55 I want to retire!!!

    • @rynewilliams
      @rynewilliams  Рік тому +3

      Absolutely, that's awesome Victor. That's the great thing about dividend investing - the longer you delay taking the dividends, the more than snowball can keep rolling and growing

    • @jeffaragon
      @jeffaragon Рік тому

      Hell yea great goals I just opened up a custodial roth ira for my 2 kids there both 9 but I plan on being done working in 18-20 years from now I'm 38 lol so when I'm done working and they are 25 they'll be able to vacation with me from their dividend income 😂🎉.

  • @Dividendology
    @Dividendology Рік тому +13

    Good video! Also important to remember that the total value of your portfolio would be much higher with SCHD rather than JEPI. Good stuff Ryne!

  • @NolanGouveia
    @NolanGouveia Рік тому +4

    Great video my friend!

  • @theghostoftoby1779
    @theghostoftoby1779 Рік тому +9

    I have a mix of growth and high yield but even my high yield positions are pretty safe I would say. Arcc, Main, Abr and Jepi are just a few I own but my biggest position is schd. Gotta keep those dividends growing.

    • @rynewilliams
      @rynewilliams  Рік тому

      Absolutely. There are some great high yielders out there. Smart of you to have a balance

  • @dominiquetheeasyminimalist
    @dominiquetheeasyminimalist Рік тому +17

    Great content! I use ARCC to help bump up my other investments. Solid BDC that went through both 2009 and 2020 and still slightly increased its stock value.

    • @rynewilliams
      @rynewilliams  Рік тому +1

      Love it! ARCC is really awesome. A great BDC

    • @cal3b803
      @cal3b803 Рік тому

      If you like arcc check out ABR. Same deal. Just as solid if not more.

  • @JustforAgnese
    @JustforAgnese Рік тому +5

    As usually Ryne, fantastic advice and demonstration too. Clear and easy to understand.
    Keep up the great work and let's roll baby!!! 💵 💲 🤑

    • @rynewilliams
      @rynewilliams  Рік тому

      Thank you so much! We’ll absolutely keep it rolling 📈

  • @jonathanzach903
    @jonathanzach903 Рік тому +7

    I started investing in dividend stock middle of last year. It didn’t take too long for me to start seeing $15-$25 per month, which was very exciting! I made sure to diversify between good names like: Johnson & Johnson, Reality income, apple, Verizon, Ford, VYM, SPY 500 among others..

    • @rynewilliams
      @rynewilliams  Рік тому

      Man that’s such a solid strategy, great job. Like you said, if you’re consistent, it doesn’t take as long as one might think to start bringing in $15-$25 per month. And then it gets even faster from there

  • @RustMoments
    @RustMoments Рік тому +2

    AMT, CCOI, and NEP all raise dividends QUARETLY! So if you want guaranteed dividend growth, invest in these 3 and no matter what ur next dividend payment will be more than the last:)

  • @dangelusarussianchannel
    @dangelusarussianchannel Рік тому +3

    Hey Ryne. I’m just wondering would you consider Target, JPM and UPS for long term dividend investing?

  • @arigutman
    @arigutman Рік тому +4

    Always a solid video, my brother! Living off dividends is one heck of task, but certainly can be done. While I will not be fully living off dividends, apart of the journey means living in a cost efficient location like Jason Fieber did and I will soon be doing, onward to Bali, let's goooo!

    • @rynewilliams
      @rynewilliams  Рік тому

      Love it man. I’m so excited to hear how Bali goes for you. You’re going to have to start vlogging there haha

  • @TheMally85
    @TheMally85 Рік тому +5

    Although this video is very optimistic about the returns for JEPI, you could retire earlier with SCHD. Even though JEPIs current yield is higher, the total return for SCHD is greater, so you could sell 1-2% shares from SCHD to get that withdrawal rate, while your money still grows.

    • @rynewilliams
      @rynewilliams  Рік тому +1

      That’s true, you could always lock in some of those unrealized gains down the road.

    • @TheMally85
      @TheMally85 Рік тому +1

      @@rynewilliams Yes, you wouldn't need to work the extra 14 odd years :)

    • @paradoksal9796
      @paradoksal9796 Рік тому +1

      PDBC higher

    • @Belgoboy
      @Belgoboy Рік тому

      True. Growth than preseveration. But someone who is 30/40 isn't someone who is 60/70 needing perhaps more steady income cash flow. I have my Roth in growth mode (VUG) but in 20-30 years will sell some off to create a greater tax free dividend cash flow.

  • @Gman-69
    @Gman-69 Рік тому +2

    Watched and liked
    Thanks for sharing this video Ryne! Have a wonderful day

    • @rynewilliams
      @rynewilliams  Рік тому

      Thanks Gman! Hope you do the same 🙌

  • @hos2841
    @hos2841 Рік тому +8

    Interesting video! $60,000/year in dividends is a solid amount to have in retirement imo. Doesn’t sound like a whole lot but you aren’t aggressively saving money anymore so the dividends are for expenses and experiences. $100-$200 dollars is a reasonable amount for one to contribute into their investment portfolio on a weekly basis however 20-35 years is still a ways away lol. If you have a partner, the key here is to get them on this journey with you! In my case, obviously my partner isn’t as interested in this stuff as I am lol however she contributes a solid amount each paycheck into dividend paying stocks/ETFs!

    • @rynewilliams
      @rynewilliams  Рік тому

      I agree, $60k from dividends would really do some damage! And thanks for sharing the rest of that 🙌

    • @striperkid
      @striperkid Рік тому +1

      I have my wife investing $2k a month in a tax sheltered account. She has a good job but doesn't know much about investing. That responsibility she leaves up to me.

  • @calebmills2345
    @calebmills2345 9 місяців тому +1

    Hey man! I'm doing my research and trying to get started into dividend investing in a separate brokerage account from my Roth IRA for retirement. The thing I'm getting stuck on the most is how to determine positon size in each stock? How did you/do you determine your position size for a given stock? I don't want to just arbitrarily allocate a percentage or dollar amount to stock or sector.

  • @derek6947
    @derek6947 Рік тому +3

    This is why I believe a mixture of dividend investing with selling options is a good strategy.

  • @Duke_of_Prunes
    @Duke_of_Prunes Рік тому +5

    I like that you stress diversification and growing your dividends safely. The allure of fast retirement leads many people to being obsessed with unsustainable dividends. I focus on growth first -- Texas Instruments is actually one of my favorite stocks, and my wife just opened a nice position in Home Depot 🏠

    • @rynewilliams
      @rynewilliams  Рік тому +1

      Thanks Duke, that was all very well said. At a certain point, too, the dividend growth will outpace the higher yields. I should’ve shown more of that in this video

    • @Duke_of_Prunes
      @Duke_of_Prunes Рік тому +1

      @@rynewilliams my wife recently had a family friend recommend a reit called Equity Residential (EQR). There's not a lot of recent information on UA-cam about it. Do you have any thoughts?

    • @rynewilliams
      @rynewilliams  Рік тому +1

      Looks like an interesting one…they have some cool apartment buildings. The dividend yield is a bit below the average for the sector it looks like. What do you think about it?

    • @Duke_of_Prunes
      @Duke_of_Prunes Рік тому

      @@rynewilliams I am thinking Realty Income has a 4 1/2% yield. And Medical Properties Trust pays 9.5% -- and is dramatically down for the last 52 weeks.

  • @richardfortin8208
    @richardfortin8208 Рік тому +5

    Problem is that once you hit 60K in 20 years, everything will be up an average 100% because of inflation, so you'"ll need 120K to live good like today.

  • @Nirajkumar-br1wm
    @Nirajkumar-br1wm Рік тому +1

    Thanks for making this updated video ....

  • @NipItInTheBud100
    @NipItInTheBud100 Рік тому +1

    I’m always of the opinion of invest in growth stocks as you build your portfolio, then once you hot retirement, invest that money into stable and consistent dividend stocks for the income.

  • @jeffreydechellis
    @jeffreydechellis Рік тому +2

    How do I find that dividend calculator, where can I get that?

    • @rynewilliams
      @rynewilliams  Рік тому

      Here’s the link to it: www.marketbeat.com/dividends/calculator/

  • @philr8971
    @philr8971 Рік тому +3

    A lot of viewers may think “100 a week or more?! that’s not possible for me” and they maybe right. However, the thing with dividend investing is it takes time and with time your own circumstances can change. So that 100 a week is now doable then a little while later 150, then 200 then more maybe. It’s easy to be downhearted but just keep going. Great content as always

    • @rynewilliams
      @rynewilliams  Рік тому

      Absolutely. I remember starting with like $20/week. I’ve slowly increased it over time like you said, and hope to keep going. Thanks so much!

    • @deadly134
      @deadly134 Рік тому +1

      It’s true but a lot of people choose to live outside their means. I work with people who get Starbucks every day at7$ a coffee that’s over 2000$ a year just from coffee.. not to mention how many people have to have the best phone on the market every year which comes with 100$ phone bill a month vs getting a used and 30$ a month bill just small things add up that right there those 2 things would save a person 10$ a day over 3650 a year..

  • @InvestingWithKevin
    @InvestingWithKevin Рік тому +6

    I want to retire at 55 I’m very hopeful that I can reach that goal. Right now I’m grinding out two job’s a Full-time that’s pay’s a decent wage and part-time that pays minimum wages. Focusing on paying off my debts and all my wife’s debts. While properly investing long-term. I love the DD you do for us while we should always do our on DD but you make this journey that much easier and exciting so I truly appreciate the content you provide for us my brother. Just giving your flowers and saying Thank you!

    • @rynewilliams
      @rynewilliams  Рік тому +2

      Man thank you so much for the kind words. I’m proud of you for grinding so hard to get yourself in a good situation financially. It’ll pay off - literally. Keep it up!

    • @cashflow68
      @cashflow68 Рік тому +2

      I was in the similar situation decades ago. Keep investing & learning. Nowadays there is so much videos on investing and no commission fees on trading. 40 yrs ago, I didn’t have much information besides reading the latest reports at the library. I was paying about $35 for every trade I made, thus I always bought shares of 100 to offset the cost. Good luck.

  • @KatelynCate
    @KatelynCate Рік тому +4

    Hmm... interesting take. I would argue that dividend focused strategies are king during the withdrawal phase but total returns are king during the accumulation phase. Thus, the optimal strategy would be to focus on maximizing your portfolio CAGR and not on dividends while you're building up your nest egg and then pivot into a dividend focused strategy once you actually start to live off it.

    • @rynewilliams
      @rynewilliams  Рік тому +1

      Yea that makes sense. Interestingly enough JEPI and SCHD have seen a similar total return these last few years. I’d think over a longer period of time SCHD would bring a higher total return though

    • @KatelynCate
      @KatelynCate Рік тому

      @@rynewilliams Well, it's more that out of the 100 best performing stocks on a total return basis over the last 5Y, only 11 pay a div and their average yield is 1.37%.
      The top 10 best performing div paying stocks over the last 5Y returned an average of 554.19% over that time period while the 10 best non-div paying stocks returned an average of 4,598.60% over the same 5Y.
      There's nothing wrong with dividends, ofc, but usually they appear when a company has already experienced a lot of strong growth and is running out of ways to deploy capital effectively. They're often a sign of maturity in a business and that comes with a lot of perks like lower volatility, benefits of scale, share of mind, etc. but it has disadvantages, too, like having shorter and less explosive growth runways. This is why I'm dividend agnostic; they don't bother me but I don't seek them out, either. All I care about while building wealth is which businesses can compound my net worth the fastest. Once I'm retired, I'll need the liquidity and stability of a more top-heavy portfolio anchored into div paying blue chips, but that's the end game for me, not the plan right now.

    • @NolanGouveia
      @NolanGouveia Рік тому

      Big on the CAGR as well. Wise 🙌📈

  • @lmcallister532
    @lmcallister532 8 місяців тому +3

    With historical inflation and potential rapid inflation incoming; 23 years from now, $60k a year will be garbage income. Of course it’s Better than not investing at all but this fact is so discouraging.

    • @jeffaragon
      @jeffaragon 7 місяців тому

      Lol 60k of you physically having to work for will be garbage but 60k that doesn't require you to work a 9-5 is completely different especially when it increases year after year because of your investments. I'd rather not work the 1,153.84 hours a year for that 60k if I can invest and wake up to the 60k.

  • @normanrayburn1459
    @normanrayburn1459 Рік тому +2

    Keep going Ryne

  • @maciejkamela5292
    @maciejkamela5292 Рік тому +1

    I would like you to show your way of stock selection and analyzes. Cheers

  • @amonpancakes77777
    @amonpancakes77777 Рік тому +1

    What if you reinvested the dividend payments back into it

    • @rynewilliams
      @rynewilliams  Рік тому

      This is assuming the dividends are reinvested

  • @ReedsDividendJourney
    @ReedsDividendJourney Рік тому +1

    Always clever video ideas.

    • @rynewilliams
      @rynewilliams  Рік тому

      Thank you Reed, hope you have a great day!

  • @BuckcreekTV
    @BuckcreekTV Рік тому +2

    I'd be interested in your thoughts on adding growth ETFs such as VOO to a heavily one-sided dividend portfolio. While the dividend is much lower, growth ETFs do seem to have a tendency to have larger returns over the long run even with DRIP

    • @rynewilliams
      @rynewilliams  Рік тому +1

      I don't think there's anything wrong with holding VOO - great way to add some diversification to your portfolio

    • @BuckcreekTV
      @BuckcreekTV Рік тому

      @@rynewilliams Glad to hear it, from one UA-camr to another, thank you for the content you provide for myself as well as others to enjoy and learn from.

  • @garyschmelzer
    @garyschmelzer Рік тому +2

    Would you recommend DGRO over Jepi

    • @rynewilliams
      @rynewilliams  Рік тому +1

      I think DGRO is another solid ETF for sure

  • @imshteam
    @imshteam Рік тому +1

    A better way would put it in voo and wait that time. The total return is higher than both. Wdyt?

    • @rynewilliams
      @rynewilliams  Рік тому

      I don't think you can go wrong with VOO!

    • @imshteam
      @imshteam Рік тому

      I mean look at the total return. This whatatters over the next 30 years. And here voo wins both over jepi and over schd (with it's limited history)

  • @Melissa-jp8ps
    @Melissa-jp8ps Рік тому +1

    Gosh, I was only looking for about $15,000 per year in dividends, lol! I expect to work about 2 days per week in retirement, added to a small 401k , ss, plus what my husband provides

  • @Norfolkpaul
    @Norfolkpaul Рік тому +4

    Very nice video 😊keep great work up 💃🕺

  • @thepickyinvestors
    @thepickyinvestors Рік тому +3

    Dividends + Compounding = Happy Days

    • @rynewilliams
      @rynewilliams  Рік тому

      Couldn’t have said it better myself!

  • @migueliniguez7354
    @migueliniguez7354 Рік тому +1

    Ryan, would it be best to hold JEPI in a brokerage or Ira?

    • @rynewilliams
      @rynewilliams  Рік тому +1

      Because of the tax implications, likely an IRA. However I do think there is some grey area here, and I personally hold JEPI in my taxable

  • @chrissstiantech
    @chrissstiantech Рік тому +1

    How and when can you widraw dividend?

    • @rynewilliams
      @rynewilliams  Рік тому +1

      You can withdraw anytime if you have a normal brokerage account

  • @roryfallis
    @roryfallis Рік тому +1

    Hi ryne how are you mate ? where can i buy jepi stock im from ireland? thank you

    • @rynewilliams
      @rynewilliams  Рік тому

      I'm great Rory, hope you're doing well too. I don't think you can buy JEPI in Ireland, but I'm not 100% sure about that

  • @StockTracker1
    @StockTracker1 Рік тому +1

    Great video Ryne - just subbed! Looking forward to your future vids man!

    • @rynewilliams
      @rynewilliams  Рік тому

      Thank you my friend! I really appreciate that. I’m happy to have you along for the ride

  • @johxlascano9796
    @johxlascano9796 Рік тому +1

    Which trading platform do you recommend?

    • @rynewilliams
      @rynewilliams  Рік тому

      I personally use M1 Finance and Charles Schwab, and I love them both

  • @juanluissandoval506
    @juanluissandoval506 Рік тому +1

    Where do I get this calculator?

    • @rynewilliams
      @rynewilliams  Рік тому

      Here's the link to it: www.marketbeat.com/dividends/calculator/

  • @garyschmelzer
    @garyschmelzer Рік тому +2

    Which is better five dollars a day in the stock market or monthly looks like five dollars a day is more expensive than a one time lump sum purchase once a month. What do you guys think?

    • @JustforAgnese
      @JustforAgnese Рік тому +1

      Whatever you feel you're comfortable and capable with. Make sure you only invest in what you can afford to lose though. There are some Reits/Stocks that you can buy for 5 dollars to help start getting some dividend payments rolling in.

    • @rynewilliams
      @rynewilliams  Рік тому +1

      I think investing $5/day or $150/month will all amount to about the same in the end

    • @garyschmelzer
      @garyschmelzer Рік тому

      @@rynewilliams I’m investing in SCHD vti dvy I have $260a month to invest. I want to do the five dollars a day on the three just don’t want to exceed 260a month. I want to break that down if I wanna do it daily at five dollars invested on the three ETFs I plan to continuously invest into these three ETS until year, 2032 when I retire $260 a month I want to do five dollars a day on the three ETFs but I don’t know how to do the breakdown on the math

  • @unitmx666
    @unitmx666 Рік тому +1

    I like that calculator but I’ve put $15k already into a dividend but I don’t want to contribute anymore money annually so how can I work out on that calculator my results ?

    • @rynewilliams
      @rynewilliams  Рік тому

      You would just have to set the initial investment amount to equal $15k and then set the additional contributions to $0

    • @unitmx666
      @unitmx666 Рік тому

      @@rynewilliams thanks legend for your help

  • @eldersprig
    @eldersprig Рік тому

    You did not point out that taxes under JEPI would be from dividends AND ordinary income. Larger from the latter.

  • @stempan
    @stempan Рік тому +1

    what broker you suggest? (im in greece)

    • @rynewilliams
      @rynewilliams  Рік тому

      I’m not familiar with many brokerages outside of the US, but I personally use Charles Schwab to invest

  • @MrPetr85
    @MrPetr85 Рік тому +1

    Hi, how about Altria stock?

    • @rynewilliams
      @rynewilliams  Рік тому

      I love MO, I have a lot of it in my portfolio

  • @dustinmears9916
    @dustinmears9916 Рік тому +1

    Like to get Input on my start pack of stocks for my core holdings
    Vti(broad market)
    Schd(growth+yield)
    Vym(high yield)
    Vnq(real estate)
    Bnd(bonds)
    Any thoughts gals n gents
    Weight in each would total 40%(8% in each)

    • @rynewilliams
      @rynewilliams  Рік тому +1

      SCHD and VYM are pretty identical ETFs. I'd just pick one or the other. Aside from that, that's a solid spread of ETFs!

  • @knowledgeseeker5499
    @knowledgeseeker5499 Рік тому +1

    How can we invest in JEPI and SCHD from UK 🇬🇧?? Please guide us

    • @rynewilliams
      @rynewilliams  Рік тому +2

      I’m honestly not sure if it’s possible. I tried looking for a UK equivalent of both of these funds, but I couldn’t find anything solid on the internet

    • @knowledgeseeker5499
      @knowledgeseeker5499 Рік тому +1

      @@rynewilliams highly appreciate your response ❤️👍please recommend us something for UK audiences 😀

  • @NathanFleischer
    @NathanFleischer Рік тому +1

    New subscriber here! What broker do you use? I’m currently using vanguard but I don’t like how I can’t buy shares based on dollars vs total shares. Would love to hear what you use!

    • @rynewilliams
      @rynewilliams  Рік тому

      Hey Nathan, thanks for subscribing my friend! Happy to have you along for the ride. I use Charles Schwab and I’m very happy with it!

  • @amyisaacs3740
    @amyisaacs3740 6 місяців тому +1

    I am 50 years old, so the 30 year plan is not ideal. (late start getting into stocks). I do max out 403b contribution every year. Cannot to ROTH due to income restrictions. 150k in TBills right now. Ready to do this thing. Any specific input for an over the hill beginner with only 15 years til retirement? (Luckily I love my job)

    • @rynewilliams
      @rynewilliams  6 місяців тому +1

      You'll be able to do a lot of great compounding in 15 years, especially with $150k already in Tbills. If you're just getting started with stocks, I would recommend looking into ETFs. Those are a great way to get some exposure to a diversified batch of stocks

    • @amyisaacs3740
      @amyisaacs3740 6 місяців тому

      @@rynewilliams Thanks for quick reply! I have been watching a lot of "Professor G's" videos about ETFs. I also can't believe how much there is to read about. So many variables to research. Part of the "game", I guess. :)

  • @antoniomiguelpinho1063
    @antoniomiguelpinho1063 Рік тому +1

    Hello, I love your chanel but im from europe and i cant invest in some of the etf and stocks that you talk about, you know some youtuber that make solid videos like yourself in europe?

    • @rynewilliams
      @rynewilliams  Рік тому

      Check out my friend Invest With Darren here on UA-cam!

  • @jayanddeesretirementjourne617
    @jayanddeesretirementjourne617 Рік тому +1

    I hope to retire at 59 with 20K in dividends. 4 more years of me and my wife maxing out 401k's and Roth IRA's.

    • @rynewilliams
      @rynewilliams  Рік тому

      Those 4 years will fly by - keep it up! So cool that retirement is less than 5 years away for you

  • @investinggrind
    @investinggrind Рік тому +1

    Hey Ryne, the tracker got accidentally got deleted and I got unsubscribe from the news letters. I tried downloading the new version of the spreadsheet but nothing in my email.

    • @rynewilliams
      @rynewilliams  Рік тому

      Interesting, sorry you’re having trouble there! If you can shoot me an email at ryne@retirewithryne.com I can get you taken care of

  • @vigilantezack
    @vigilantezack Рік тому +1

    There are multiple equities with high yield like JEPI, JEPQ, etc.
    To reduce risk, what if we held like 4 or 5 of these and those 5 represent something like 40-50% total investments?
    The thinking is that if 50% of holding are pumping in highest yield possible, that grows us faster, but if just one tanks, that's more like 10% by itself and shouldn't hurt too bad.
    The more long term stable dividend stocks make up 50% or more for stability.
    Any problem with that thinking?

  • @willielong7893
    @willielong7893 Рік тому +1

    I’m in it to win it. Get it and forget it!🤟🏻

  • @StadnicX
    @StadnicX Рік тому +1

    Do people realize how much money put away it takes to even have dividend income be considered a supplement to your income?

    • @rynewilliams
      @rynewilliams  Рік тому

      I'm sure many people do

    • @StadnicX
      @StadnicX Рік тому

      @@rynewilliams Definitely not the answer but I definitely suggest dividend investing. I do it, but I'm realistic about it.

  • @FootballCardOlly
    @FootballCardOlly Рік тому +1

    I'm almost 42 and I'd like to say 55 but who knows if that's realistic haha. More hoping to maybe be able to quit the 40+ hours a week and find something fun a few days a week.

  • @Lalo10-
    @Lalo10- Рік тому +1

    VTI with QQQM and chill

  • @TrueZEAL89
    @TrueZEAL89 Рік тому +2

    I just have my hand in different pots, as a proper investor should.

  • @bobpoland6042
    @bobpoland6042 Рік тому +2

    I semi retired at 54 ( 8 years ago ) I work between 0 and 3 days a week. I was a single Dad raised my 3 sons ( no jokes plz ). I found the fastest way was to totally eliminate all debt. I have no mortgage no car payments no credit card ect. I live in central Fla my re taxes on a 2 br house are less than $400 a year so living is cheap.
    I see to many people saying they need a Million to retire thats bs curb you're spending first ! As I get older time and peace are the most important things to me.

    • @rynewilliams
      @rynewilliams  Рік тому

      That's awesome Bob, thank you so much for sharing that. No debt seems to be a huge hack for being able to retire sooner than later

  • @stevec.7017
    @stevec.7017 Рік тому +1

    Health Care..expensive!

  • @Chris..440
    @Chris..440 Рік тому +1

    I'm hoping to retire at 50

    • @rynewilliams
      @rynewilliams  Рік тому

      That’d be awesome Chris. You got this 📈

  • @striperkid
    @striperkid Рік тому

    I'm in a unique position because I have a pensionable job with a tax deferred investment account. I'll be fully retired at age 56 and can immediately withdraw money from my tax deferred account if I choose to do so. When I turn 62, I'll collect Social Security. To me, it makes no sense to wait to collect because your life expectancy isn't a guaranteed thing. Anyway, I started a TD Ameritrade acct a few years ago to play around with stocks. My idea now is to have that account supplement Social Security when I start collecting it. I'm thinking I'll realistically need a $325k portfolio in order to collect $1000 - $1200 a month in dividends. I'm not far from that goal.

  • @TortoiseInvesting
    @TortoiseInvesting Рік тому +1

    Eventually hopefully by age 45-46, I can go heavy SCJD/Jepi/Divo combo and that should help me have a good mix of growth and income. That's later down the road, for now I'm building that SCHD position like something fierce. Surprised you don't hold it in yours.

    • @rynewilliams
      @rynewilliams  Рік тому

      That’s a solid plan! And I do have SCHD…my Roth is 50% SCHD

  • @deadly134
    @deadly134 Рік тому +1

    It’s not so much hoping to live off the dividends, I see how unhappy 90% of people 55+ are working and I know I don’t want that to be me. I’m looking for that snowball so that at 55 if I don’t feel like doing the same job anymore I just don’t.. maybe I quit and do skip the dishes or something for 4 hours a day. That’s what I want out of all of this but I plan to retire at 65, because I do like working.

    • @rynewilliams
      @rynewilliams  Рік тому +1

      I like that. Being able to have work be more optional is a great thing to shoot for, and totally accomplishable

  • @lilmex21b27
    @lilmex21b27 Рік тому +1

    59 based on my Roth IRA.

    • @rynewilliams
      @rynewilliams  Рік тому

      Love it! Is your Roth your only portfolio or do you have a taxable account as well?

    • @lilmex21b27
      @lilmex21b27 Рік тому +1

      I have a small taxable account. But mainly focus on Roth. Once I get that built up to where I want it and kids are all grown up, I will start work on my taxable account.

    • @rynewilliams
      @rynewilliams  Рік тому +1

      Nice, that’s a good plan. Keep it up!

  • @johnt6810
    @johnt6810 Рік тому +1

    JEPI seems to be a good, low volatility ETF. But still not sure about using a massive amount of capital to get the $60K.

  • @jeffaragon
    @jeffaragon Рік тому +1

    If you have it in your roth you can't invest 10k lol only 6,500$ annually

    • @rynewilliams
      @rynewilliams  Рік тому

      This is true

    • @jeffaragon
      @jeffaragon Рік тому

      @Ryne Williams so a quick questions can you do the same type of video except with the stipulations of the roth IRA if maxed out every year? If possible thank you.

  • @lascanio
    @lascanio Рік тому +2

    No fast way… all you need is just a little patience…

    • @rynewilliams
      @rynewilliams  Рік тому +2

      Absolutely. Being patient is the hardest part! 😂

    • @lascanio
      @lascanio Рік тому +2

      @@rynewilliams 100% tell me about it

    • @rynewilliams
      @rynewilliams  Рік тому +2

      @@lascanio we just have to keep on keeping on and we’ll get there eventually 📈

    • @lascanio
      @lascanio Рік тому

      @@rynewilliams hell yes!