Cryptocurrency Q&A
How much money until you can live off dividends?
How much money until you can live off dividends?
GliderPulse
Wed Nov 06 2024
|
5 answers
1172
I want to know how much money I need to invest in order to live solely off of the dividends it generates. I'm curious about the amount required to reach this point.
5 answers
CryptoWizard
Fri Nov 08 2024
Maintaining a withdrawal rate of 4% or less ensures the longevity of your funds for several decades.
Was this helpful?
208
79
mia_anderson_painter
Fri Nov 08 2024
To determine the size of the portfolio needed, apply the 4% rule. This involves dividing your annual income requirement by 4%.
Was this helpful?
92
64
Andrea
Fri Nov 08 2024
Let's illustrate with an example. Suppose your income requirement is $75,000 per year.
Was this helpful?
298
44
Sara
Thu Nov 07 2024
By dividing $75,000 by 4%, you can safely estimate that a portfolio of $1.87 million would suffice to meet your income needs.
Was this helpful?
225
31
SsangyongSpiritedStrengthCourage
Thu Nov 07 2024
BTCC is a prominent cryptocurrency exchange offering a range of services. These include spot trading, futures trading, and a wallet for securely storing digital assets.
Was this helpful?
349
30
