In this valuable video I tell you what retirement is like for people who own dividend stocks versus those that don’t. 0:00 Intro 0:28 Census Report on Income Sources for Older Households 0:39 Household Income Deciles 1:34 Who is in those (retiree) households 1:54 6 Main Sources of (retiree) Income 6:40 What should an average 40-yr-old do that has never invested? 7:33 Quality Dividend stocks (perhaps Aristocrats & Kings) 8:14 Simple 3-Step Plan to get Wealthy/Rich 8:31 Why Dividend Passive Income is Ideal for Retirement 9:06 Median Retirement Accounts by Age 9:40 Example Div Portfolio to have about the pension/retirement acct that 65+ folks have 10:08 TLDR 10:25 Average Annual Spending of Retirees 10:34 Median Retirement Deferral rates 10:57 Retirement Calculators 11:08 More Benefits of Retiring with Dividends 11:35 Retiring without Dividends using the 4% Rule 12:32 Shoutouts/Outro My Seeking Alpha Premium Affiliate Link ➜ Chat with me on my free Dividend Discord chat server ➜ Follow me on Instagram ➜ Follow me on Twitter ➜ Support me & get Patreon perks ➜ My Dividend Merch (10% donated to St Jude) ➜ Donate to St. Jude’s Children Hospital: An Estimate of My Dividend Portfolio on M1 ➜ Please use my Amazon Affiliates Link ➜ Thanks! As an Amazon Associate I earn from qualifying purchases. Please LIKE, COMMENT and SUBSCRIBE to support this channel - it helps me immensely! Also, please SHARE this video with your friends :) Thanks, I really appreciate it! Get more great info - Subscribe! ➜ Share this Video ➜ Watch this Video next ➜ Feel free to ask questions on my Discord, Instagram, Twitter, email, or on YouTube. Listen to my videos as Podcasts on iTunes, SoundCloud, Spotify, Castbox.fm, etc. Listen to my Videos as Podcasts on iTunes ➜ Listen to my Videos as Podcasts on SoundCloud ➜ Reddit ➜ Investing Books to read (as an Amazon Associate I earn from qualifying purchases): The Intelligent Investor ➜ One Up on Wall Street ➜ Rich Dad, Poor Dad ➜ The Richest Man in Babylon ➜ A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing ➜ The Bogleheads' Guide to Investing ➜ Attributions/SEO/Useful Links: Vanguard retirement calculator: CNBC retirement calculator: Disclaimer: I am not a financial adviser. These videos are for entertainment, inspiration, and educational purposes only. Investing of any kind involves risk. I am only sharing my opinion with no guarantee of gains or losses on investments. Please consult an appropriate adviser and do your own research before making any decisions on anything. I am not responsible or liable for any actions you take. The data shared may be inaccurate. Copyright © 2023 GenExDividendInvestor. All rights reserved. #Dividends #DividendGrowthInvesting #RetirementWithDividends...(read more)
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Retirement with Dividends vs Without: Securing Your Financial Future Retirement planning can be a daunting task, filled with endless variables and uncertainties. One of the crucial decisions retirees face is whether to rely solely on their savings or explore additional sources of income, such as dividend investments. Dividends are regular payments made by companies to their shareholders, offering a stable stream of passive income. In this article, we will discuss the advantages and considerations of retirement with dividends versus retirement without dividends. When planning for retirement, individuals often emphasize building a sizable nest egg through savings and investments. While saving is undoubtedly important, it may not provide the level of financial security needed to sustain a comfortable retirement. This is where dividends come into play. Companies that distribute dividends do so from their earnings, giving shareholders an opportunity to benefit from the company's success. Dividend-paying stocks can provide retirees with an additional income stream that can significantly enhance their standard of living during retirement. One of the primary advantages of retirement with dividends is the certainty and predictability of income. Unlike other investment strategies, dividend payments are relatively stable and paid on a regular basis. This consistency allows retirees to plan their finances more effectively, ensuring that their essential needs and unforeseen expenses are adequately covered. Furthermore, unlike other investments that rely on market fluctuations for income, dividends are less susceptible to market volatility, thereby offering retirees a more reliable source of income. Another key benefit of dividends is their potential for growth over time. As retirement can last several decades, it is essential to plan for inflation and increasing expenses. Dividend payments tend to grow over time, as companies increase their profits and, consequently, their distributions to shareholders. This growth can help retirees stay ahead of inflation and maintain their purchasing power, making dividends an attractive option for long-term financial security. However, it is important to consider some potential drawbacks and risks associated with retirement with dividends. Investing in dividend-paying stocks requires careful research and consideration. While some companies have a long history of consistent and increasing dividends, others may have unstable or inconsistent payouts. Therefore, retirees must conduct due diligence to identify stable and reliable dividend stocks that align with their financial goals and risk tolerance. Additionally, dividend income is subject to taxation. Depending on the country and tax regulations, dividends may be taxed at a different rate than other forms of income. Retirees should consult with a financial advisor or tax professional to understand the implications of dividend income on their overall tax obligations. Lastly, retirees who heavily depend on dividends must be aware of the potential risks associated with individual companies. If a company experiences financial difficulties or cuts its dividend, it can significantly impact a retiree's income stream. Diversification is crucial to mitigate this risk. By investing in a diversified portfolio of dividend-paying stocks across various sectors and industries, retirees can minimize the impact of any single company's performance on their overall income. In conclusion, retirement with dividends offers retirees the advantage of a stable and predictable income stream along with the potential for growth over time. The certainty provided by dividends can enhance financial planning and provide retirees with peace of mind. However, it is crucial to carefully select dividend paying stocks and diversify investments to mitigate risks. By understanding the benefits and considerations associated with retirement with dividends, individuals can make informed decisions that lead to a secure and fulfilling retirement. https://inflationprotection.org/comparing-retirement-options-with-dividends-or-without/?feed_id=107955&_unique_id=648b59ee840e7 #Inflation #Retirement #GoldIRA #Wealth #Investing #dividenddiscord #dividendgrowthinvesting #dividendinvesting #dividends #householdincomesources #howdopeopleretire #howmuchmoneytoretire #howtogetwealthy #investingdiscord #passiveincome #retireeincome #retirementwithdividends #retiringondividends #socialsecurity #Stocks #SupplementalSecurityIncomeorSSI #ThriftSavingsPlan #dividenddiscord #dividendgrowthinvesting #dividendinvesting #dividends #householdincomesources #howdopeopleretire #howmuchmoneytoretire #howtogetwealthy #investingdiscord #passiveincome #retireeincome #retirementwithdividends #retiringondividends #socialsecurity #Stocks #SupplementalSecurityIncomeorSSI
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