Do This To Hit Your Desired Dividend Income!

Passive dividend income is a great way to fund your retirement. But how long does it take to build a portfolio that will generate enough passive dividend income? And is your dividend portfolio to hit your target income amount? Today I want to show you how to easily compute and lay out a plan to make sure that you do. You only need 3 pieces of information to design this future dividend income forecast: the current dividend yield, the expected annual dividend growth rate and the forecasted contribution amount. Dividend income increases as a result of 3 different factors, contributions to your portfolio, dividend increases and dividend reinvestment. It's very useful to know the role these 3 factors play on the final dividend income your portfolio can generate. It'll will help you develop the strategy you need today to help attain your desired dividend income in the future. Enjoy!

M1 Finance referral link:

Links:

Disclaimer: This video is intended for entertainment purposes only and should not be taken as investment advice.

[jonbradford]

Nice job. I found you on the Apple podcast.

[danilianian]

Very well done and very helpful! Thank you so much

[bbriversbt]

ottimo per creare un interesse composto.

[stephennichol]

Is 10% dividend growth realistic over a 40 year period?

[Lost_buddy]

Can we get the excel file to better analyse ?

[thavonephanthavongsa]

you use a crazy number of 30k contribution a year is beyond the grasp of mere mortals, im thinking if you got 30k to throw in a stock you already well off so lets get real im thinking about 5k a year lets be real no one got that

[newenglandnomad]

Investing $2500 a month, what a joke.