"Maximizing Dividend Income: Strategies for Building High-Yield Portfolios"

1 min read
Source: Seeking Alpha
"Maximizing Dividend Income: Strategies for Building High-Yield Portfolios"
Photo: Seeking Alpha
TL;DR Summary

This article presents a strategy for building a dividend income snowball for retirement, offering a sample portfolio of seven funds that could comfortably fund a retirement with a $1.5 million nest egg, generating around $6,500 per month in sustainable passive income. The portfolio includes funds such as SCHD, PFFR, AMLP, BIZD, JEPQ, XLU, and GLD, each addressing specific shortcomings and providing diversification. The author emphasizes the reliability and stability of dividend income, reducing the sequence of returns risk and providing peace of mind during market downturns.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

6 min

vs 7 min read

Condensed

94%

1,38186 words

Want the full story? Read the original article

Read on Seeking Alpha