RoadMap to Live Off Dividends. Episode 10
Goal 2 | 🎯 $25.00 - Monthly gym membership | Complete 16,79%
MaxDividends Mission: Help & Support Everyone on the way Retire Early and Live off Dividends
RoadMap to Live Off Dividends
Every week, in real-time, we break down the progress anyone can make on the road to financial freedom. From the very start all the way to the big dream, step by step. These small wins along the journey are the foundation to hitting your goal of retiring early and living off dividends.
This is a free version of RoadMap to Live Off Dividends section. To get full version unlock Premium Membership.
Predictability in important things is the foundation of peace of mind. Peace of mind is the basis of financial well-being. MaxDividends is all about peace of mind.
You’ve checked out the MaxDividends blog, and you’re hooked on the idea of living off dividends. A growing passive income? Sounds awesome, right? But where do you start? Can you even pull this off? Where’s the first step?
I’m here to show you exactly where to begin. I’ll walk you through the process, step by step, on how to build your financial future. Mine, yours, and the rest of the MaxDividends community.
RoadMap to Living Off Dividends
This is the segment where we’ll break it down for you, showing how to turn the dream of living off dividends into a reality. You’ll see it’s totally doable for anyone who follows these simple steps.
In RoadMap to Living Off Dividends, we’ve taken the dream and turned it into a plan you can actually follow. Every journey to financial independence starts with:
Choosing Your Path
Defining and Sticking to a Plan
What’s Next?
You don’t have a lot of time to dig through all the MaxDividends content. Maybe later you’ll dive deeper, but for now, you just need some peace of mind. Peace and confidence that you’re on the right track. That every step you take is moving you closer to a better future.
Get started
From wherever you’re at right now, you only need two things:
1) Join the MaxDividends Community – Get support, ask questions, and connect with people who’ve already retired early and are living off dividends.
2) Access the MaxDividends App – This is the tool the MaxDividends community uses to build their passive income and financial stability. No worrying about market noise or price swings.
I’m already part of the MaxDividends community, so let me show you how your personal RoadMap to Living Off Dividends looks. For that, I’ll need the MaxDividends App. You’ll get access once you’re subscribed to MaxDividends.
Sign up, download the app, and you’re off to the races. It’s that easy.
To start building passive income, I’ll use the MaxDividends AI Assistant to guide me. I’m following the MaxDividends strategy with its help.
These are my first steps, and I want to make sure I’m doing it right. Later, if I feel like it, I can research stocks myself, add them to my portfolio, and have the assistant handle some tasks—or not use it at all.
For now, I just enter my investment details and hit Next. MaxDividends Advisor generates a set of companies for me to buy, and that’s where my journey starts.
Now all that’s left is to buy those stocks through my broker.
Alright, let’s get going! Here’s a small list of common daily expenses. We’ve based it on our preferences, but yours might be slightly different.
Monthly Expenses - Goal 1
✅ $18.00 - Monthly electricity bill - complete in a 7 weeks!
🎯 $25.00 - Monthly gym membership - complete 16,79%
$30.00 - Daily coffee (to-go or at a café)
$32.00 - Monthly mobile bill
What We Have Now
Easy-Peasy with MaxDividends App $500 weekly. Week 10
Invested: ~$5,321.48 (+$490.33)
Annual dividends: $266.18
We’ve listed our expenses from smallest to largest to make it easier to start. Our first goal is to cover monthly electricity bill. We want it to be free forever.
Goal #1
✅ $18.00 - Monthly Electricity Bill (forever free from now)
Our passive income today is $266.18 annually. This means that now electricity is free for us forever! Companies We’ve invested in pay for these two months from now on, today, and for the rest of our life.
Goal #2
🎯 $25.00 - Monthly gym membership (complete 16,79%)
In the next emails, I’ll keep sharing how the MaxDividends App and the AI Assistant MaxDividends Advisor make it easy to start building your passive income, so you can retire early and live off dividends.
MaxDividends App
RoadMap to live off dividends and retire early
We’re building the best app in the world for dividend investors to help everyone on the way retire early and live off dividends.
MaxDividends followers success
🏆 Mary: “Help me get started with you”
🏆 Jurgen: “I am done with guessing where the market’s heading”
🏆 Ann: “What will my life look like in 15 years?”
MaxDividends Key Concept
Predictability in important things is the foundation of peace of mind. Peace of mind is the basis of financial well-being. MaxDividends is all about peace of mind.
At MaxDividends, we focus on a dividend growth strategy. It’s a great fit for investors who want capital appreciation, a decent level of safety, and growing income.
As the name suggests, dividend growth investing is all about finding stocks that pay dividends and can keep growing them over time.
👉 Max’s Portfolios with all updates and ideas
MaxDividends Stocks are Unique
They not only provide income but have a strong track record of increasing that income over the years.
Plus, investing in companies that consistently raise dividends has historically been a solid strategy.
Do you know what is the power of the MaxDividends strategy? It is that even if I stop investing right now, my dividend income will continue to grow. And even a conservative forecast says that in the next 10 years the growth will be 4 times.
👉 Full list of MaxDividends Stocks
MaxDividends Mission
Help & support everyone on the way to build growing passive income, retire early and live off dividends.
Build your own dividend machine with MaxDividends to launch growing passive income, retire early and live off dividends with community like-minded
MaxDividends Community
MaxDividends is subscriber’s supported newsletter with community and community member’s tools to start building long-term growing passive income to live off dividends and retire early.
Upgrade to paid in case don’t lose access and miss the most important tips and insights!
MaxDividends Membership: What You’ll Get
Comprehensive tool to help you on the way retire early and live off dividends.
Unlock Top-notch dividend growth investment ideas and insights, handpicked to help you crush your financial goals, retire early and live off dividends.
MaxDividends Stocks of the Week: Top 10 Undervalued, High-Yield & Dividend Growth Stocks Every Week
+ Bonus - access to full list of MaxDividends stocks updated weekly. Boost your passive income for living off dividends.
Deep dives into the top dividend stocks we hold. Key points, current statement, perspectives and consensus.
Easy Peasy: Build Your MaxDividends Portfolio to Live Off Dividends with Pre-Selected Stock Sets
Grab ready-made MaxDividends stock sets starting at $300, $500, or $1000 each week.
Ready-to-go step by step weekly guide to achieving financial freedom.
Stay in touch with me and other MaxDividends followers. MaxDividends community chat of like-minded who wants to live off dividends and retire early. Discuss ideas, share insights, build plans and set goals. Support, motivation, like-minded - all in!
Max Dividends Portfolio: Goal $12,000 Monthly for 120 Months
My personal MaxDividends portfolio with all changes and updates weekly.
My personal life & business column where I share life moments, insights on stock investing, long-term investment philosophy, and intriguing thoughts to benefit you.
FAQ
👉 What is MaxDividends project idea?
👉 What is MaxDividends strategy?
👉 How do you choose MaxDividends stocks?
👉 How well does the MaxDividends strategy work for building a growing passive income?
👉 One more secret sauce of MaxDividends strategy
👉 MaxDividends Roadmap to Early Retirement with Living Off Dividends