It makes sense to focus on generating a post-retirement income for oneself. This can occur through dividends, capital gains, or a combination. If one saves a sufficient amount, then they can create a large enough income stream from the income generated by the portfolio. The nice thing about being able to live off dividends is that one becomes indifferent (relatively speaking) to the underlying price of the stock.
James, so glad you’re commenting. You’re my only friend who retired on index funds. So I can’t say it’s impossible. I just think it’s harder than retiring on dividend ETFs.
It makes sense to focus on generating a post-retirement income for oneself. This can occur through dividends, capital gains, or a combination. If one saves a sufficient amount, then they can create a large enough income stream from the income generated by the portfolio. The nice thing about being able to live off dividends is that one becomes indifferent (relatively speaking) to the underlying price of the stock.
James, so glad you’re commenting. You’re my only friend who retired on index funds. So I can’t say it’s impossible. I just think it’s harder than retiring on dividend ETFs.