Want to Quit Your Job and Live off Dividends? - How Much Money Invested to Live off Dividends

Can you live off dividends? How much money does it take to live off dividend income? Every dividend investor has the goal to eventually live off of their dividends. In this video we'll look at what it takes, and how much you need invested to live off dividends so that you can plan from the start of your dividend investing 'career'.

- I Recommend Buying Dividend Stocks and Dividend ETFs at These Brokers-

WATCH NEXT:

0:00 - Intro
1:33 - Calculating Your Yearly Expenses
2:14 - How Much the Average US Household Needs to Invest
3:38 - A More Realistic Dividend Yield
4:22 - Shameless Flattery
4:44 - How Much The Above Average Investor Needs to invest
5:17 - How Much A Frugal Investor Needs To Invest
5:58 - How To Become A Millionaire From Age 20
7:05 - How to Become A Millionaire From Age 30
7:45 - How To Calculate When You'll Become A Millionaire
8:10 - Two Keys To Be Able To Live on Dividends
8:41 - How To Live off Dividends FASTER

- Connect with Me On My Socials -

#liveoffdividends #dividendinvesting #passiveincome

A bit about my credentials...I have a B.S. degree in Finance, I've spent my entire career working in various corporate finance roles, and have been an active stock market investor for over 20 years. While all of this means I know what I'm talking about (most of the time!), it does not mean you should act solely on my word alone.

I am not intending to, nor licensed to give personalized financial advice. I'm merely trying to share my knowledge and experience so that you are able to make better financial and investment decisions for yourself based on your own research!

Put another way...

DISCLAIMER: Jay Fairbrother, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Jay Fairbrother’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

AFFILIATE DISCLOSURE:
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. However, this DOES NOT impact my opinions and comparisons. Thanks for your support!

[PierceJPeterson]

Living off of dividends is the goal! Great stuff as always Jay

[charlesjohnson]

I don't know how much I need. but I know I want to live off of dividends as soon as possible!

[דראילוןוולף-הכיווןהכלכלי]

Great video. Are u using a teleprompter?

[MaxTalks]

Looks like Im starting off right at 20 ;) nice video Jay!

[Kj-xjpp]

The goal here is to have my dividends enhance the rest of income sources to grow hopefully to a million to live even better in retirement. I think with the tips tools you provide it’s possible. This is Just a thought but I would like your opinion about maybe doing a video on different strategies for people in their 40s and 50s that can live off or supplements there income with dividends in retirement.

[jacobtaylor]

I looked at individual stocks and yeah. If we all invested right after the little crash, it would be a few hundred thousand. But then the risk of that company to tank, cut dividends or lower it. I got lucky to take a gamble on a couple of stocks. Even then depending on geopolitics can be a problem.

[chrismoeller]

Jay, I don't see a link to the millionaire calculator you talked about in the description. Can you share it please? thanks.

[Andformerthingshavepassedaway]

I'm at like 1k a month 1, 200 with interest at 220k, ok when a little heavy on Glob x and fam.

[StephenFI]

Really interesting. I need to save more money and hopefully I can live off the dividends lol.

[berry]

how is a 20yr old able to save $600 a month?? and keep this going for 35yrs??? and inflation will come along and eat it all, Real estate is a better deal.
now I retired just over 1 yr ago, house paid for my expensess have dropped by about 50%, other than food I hardly need anything - $24000 is more than enough to life plus dont
forget you still get a pension of some sort so $10, 000 plus is all you need in retirement, so $300, 000 invested should be enough