HOW much $ You NEED to LIVE off DIVIDENDS (TAX Included)

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How much money do you need to live off dividends? With Tax included?

There are two types of dividend income, qualified and non qualified.
and these two types have one major difference, TAX.

Qualified dividends are taxed as capital gains, so they have extremely favourable taxation rates.

On the other hand, non qualified dividends are taxed as regular income. Therefore the taxation rates are not as favourable.

BUT when it comes to solely living off of dividend income, which option is better?

Reliable and consistent Qualified dividend paying stocks and ETFs have distribution yields that average around 3%, but non qualified paying ETFs can have dividend yields upwards of 12%! Like JEPI!
So even with the unfavourable taxation rates, which one is better to invest in?

In this video i cover this topic in detail with a variety of examples so you can get a better understanding.

DISCLAIMERS & DISCLOSURES:
This content is for education and entertainment purposes only. Viktoriya is not a financial advisor and does not provide any financial, tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves, risk, including the possible loss of principal.

THUMBNAILS are created only for entertainment purposes, and act as art. They are NOT a direct quote from any financial/public figure.

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Nothing more powerful than a very smart woman who has knowledge and skills that are actually life changing. I am impressed and will continue to watch your content. Thank you for sharing.

SS-kiie
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Thank you for actually talking about dividend traps and giving real numbers. I'm so sick of youtubers promising you can invest some tiny amount in the dividend trap of the day to make 10% yearly so they can get views. Honest numbers from an honest person!

bigbrian
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do you think it would be smart to invest in growth stocks for a while and then once you get the capital appreciation exchange it into JEPI?

ameerskater
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Not gonna lie, I had to focus extra hard on this one.

evillink
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Great content once again. I like how you break things down so easy to understand. Keep it up.

nabothcoi
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98 percent of my Retirement nut is in a Roth. Taxes already paid! My company's plan allowed "back door" pretax funds into a ROTH and pay the taxes upfront. Nearing retirement now and heavy into DIV stocks. Reinvesting all of them till I retire and need the cash for income. So, adding to my potential monthly all the while. I sure hope it's enough!!

lbowsk
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Great video!!! Great topic!!! Keep up your great work!

ПетяГалкин-юс
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Minor point of order @10:40 in that you can withdraw contributions prior to the age of 59.5. Which is why a Roth IRA can also double as a near perfect emergency fund. Build it up as you can and if you can max it out for a decade or more then you can build up a reasonable emergency fund and having invested wisely, it's entirely possible that depending on the size of the withdrawal it may not severely impact the return of the account. It does need to be noted that $600K in a Roth IRA is largely going to be rollover or conversion from another account and that may not be treated the same as direct contributions. So, given I am not a tax attorney, I would recommend keeping track of your direct contributions separately from rollovers or conversions and speaking with a qualified individual beforehand should the need arise.

timo
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SPYI toes the line of qualified and non-qualified dividend income quite nicely in my opinion. Would like a review of SPYI by you in the future.

TheNoobkiller
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70, 000 is not taxable income. After subtracting the standard deduction or itemized deduction the amount taxed in your example is less than 70, 000 reducing the due in your examples of qualified or unqualified dividends.

thomassanfrancisco
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Thank you for another great video. I'm learning more from your channel than all of the rest of YouTube combined. Keep it up, you're doing us all a great service.
I ask only one favor... please, please, to deter all the starving, trying-to-get-ahead attorneys in the States, add a lower thirds disclaimer somewhere in your video stating something like, "I'm not licensed to give legal or financial advice. Please seek the help of a licensed professional before making any legal, financial, or tax decisions."
I learned this the hard way when doing real estate. These folks will try anything to make a buck.
Cheers!

studios
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Good and informative video, slight inaccuracy at 4:45 in the video where the graphic shows the median but you call it the average. They are usually close in value but technically and mathematically not the same thing.

geofcase
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I love you Videos, thanks for the info😊

Wraith
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Extremely valuable information!! Thank you so much. Be Blessed Viktoriya

billhaskins
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Really helpful! Sounds like i need to look into leveraging a Roth for my dividend srocks and REITs.

randallelliott
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Spot on with the advice and info ... great job 🙏

topcat
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Not trying to be disrespectful.... I'd watch you read the phone directory as long as I get to look at those beautiful boosoms. Wowee. Subbed.

stevend
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I am invested in mostly Tech and when my holdings grow into an amount that I can retire on I will split everything up between covered call ETFs and dividend etfs like SCHD. I will most likely pick 5 or 6 different ETFs that have different strategies in order to diviersify.

angrybeaver
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Have 75% of my 401k in SCHD of the pretax side and 25% in JEPI on the ROTH side. 2 years until retirement. Working out nicely.

iroc
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Very helpful video thank you! Taxes matter! Good point!

andrewjones