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Today we answer the age old question: How much do I need to live off of my investments? Resources will be linked below.

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► Public ($10 Free Stock) Investing App ➭ https://pblc.co/humphrey
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Links Used:
https://www.financialsamurai.com/bett...
https://www.nerdwallet.com/article/fi...
https://www.investopedia.com/taxes/ca...
https://www.investopedia.com/terms/q/...
https://www.dividend.com/stocks/techn...

So the general rule that I want you guys to take away from this video is that if you’re trying to figure out how much you need invested, you need to take the *Dividend Income / Dividend %.*

So if you need $75,000 a year, and you’re getting a 5% dividend yield, that’s going to be $75000/.05 = $1.5 million a year. That’s the formula that you hopefully take away from this video.

Timestamps:
0:00 - Start Here
1:03 - Part 1: The Math
5:37 - Part 2: The Harsh Truth
7:17 - Part 3: A Better Strategy (Especially If You're Young)
10:35 - Part 4: Tax Considerations
12:45 - The Formula to Remember

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PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel