THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN
someone responded to one of my posts indicating that a prolonged bear market will wipe me out...does he not know my retirement number $48K per year is dividends only, with only 8K getting taxed and that number increases on average of 7%-10% annually? Does he not know about dividend aristocrats and kings that increase their dividends through recessions and depressions?
Literally will never have to touch my principal, which will be around 1.5M-2.0M...so if I needed cash I could sell some assets. Moreover I already have $36K in cash for one years necessary expenses that I can dip into during a recession.
lol divvy haters, i know exactly what I'm doing