The Way to Live Off Dividends and Retire Early
The Way to Live Off Dividends and Retire Early
No one wants to work forever, and the question of financial security becomes more pressing. Can we really count on enjoying life after retiring, without having to find another job just to make ends meet?
My High Yield Dividend Growth Story
Retire Early and Live Off Dividends. $12,000 monthly for 120 months
My name is Max, nice to meet you! I am an entrepreneur, dad to three, and a private investor in stocks. Pick up high-yield dividend growth stocks to live off dividends and retire early.
The idea of growing passive income typically dawns on us when we realize we’re no longer in our twenties. For me, this realization hit around age 35. I don’t plan to run a business my entire life—I have big plans for other areas of my life too. I enjoy writing, blogging, and sharing my experiences. Retire early before 50 is the main mission for me now.
Ten years ago, I started investing in growth stocks. By now, the capital from those investments and my past savings have allowed me to start implementing my planned strategy. In the early years, I focused primarily on growth stocks, but over the past few years and especially in recent months, I’ve shifted more towards high-yield, dividend growing stocks.
At this stage in my life, predictable growing passive income is more important than the long-term price appreciation of stocks, because I plan to live off the dividends.
🙏 To focus on what we love, we need stop worrying about daily expenses. For me, the solution was creating a growing passive income stream through dividend stocks.
As an author of the MaxDividends Strategy I follow it to pick up high-yield & dividend growth stocks to live off dividends and retire early. I share my way and methodology of achieving the dream goal to live off dividends step by step.
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. MaxDividends is all about that plus maximizing yields to get the most from dividends and boost growing passive income on your side.
MaxDividends Stocks pay sustainable dividends by decades without interruption, rasing them consistently over years.
To make it easier we’ve collected all the companies fit to MaxDividends criterias in List we called “MaxDividends Top Stocks”.
Up-to-date version is available with Premium Membership.
👉 MaxDividends Top Stocks List
👉 My Personal Short List of MaxDividends Top Stocks
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.
Here's what it looks like in my portfolio, which I show every Friday.
Portfolio UPD 07/10/2024. Month 5
There are currently 35 companies in my portfolio that pay $3,544 in dividends per year. I don't currently use dividends to live off dividends.
I accumulate capital and reinvest dividends by buying new shares. Today, my MaxDividends Portfolio brings me $3,544, and I received my first significant dividends in September. I started it from the scratch 5 months ago.
I invested the accumulated amount in buying new reliable dividend companies. And now these companies also pay me dividends. This snowball grows every month.
And the most important thing here is that not only I and my investments participate in the accumulation, but also the companies themselves. How does this happen?
During the time that I openly show my stock portfolio, 7 companies out of 32 in my stock portfolio have increased the dividends they pay.
Now I receive more dividends than at the time of purchase. 2 more companies paid solid special, unscheduled dividends. I invested them in buying new shares and now I get even more income in dividends. MaxDividends App helps me track my action plan and forecast.
I enter my purchases in the MaxDividends App and it automatically calculates my dividend income forecast.
This is how Max Dividends operates: No worries about price fluctuations, no concerns about stock market noise.
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. This is compounding power of MaxDividends stocks.
MaxDividends Strategy in Practice
My Own Dividend Story from the Scratch
To see how the MaxDividends strategy works in practice, I started an experiment: $12,000 a month in 120 months.
I calculated that by investing $12,000 a month with a starting capital of $ 0.00 😳 and reinvesting dividends, I will reach my goal in ~120 months wih MaxDividends Stocks. Until the end of the experiment, I will reinvest all received dividends back.
🚴 1 Year: ~10% of the Goal
🚴 5 Years: ~45% of the Goal
🏆 10 Years: 100% of the Goal. Mission complete!
Every week on Fridays, I make purchases according to the plan and post the strategy results on the MaxDividends blog.
Portfolio UPD 07/10/2024. Month 5
Right now I already get ~$300 monthly but the main award is that it grows almost every day and based on my portfolio metrics forecast - it is $1,126 monthly over 10 years! Amazing! 10% of my big goal $12,000 monthly already done and it took me just 5 months.
With Premium Membership you can track my portfolio and all the purchases I made.
👉 Max’s Portfolios with all updates and ideas
Stay tuned!
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.
Stories of 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?”
Choosing a strong environment is the key to achieving outstanding results. If you surround yourself with people who dream bigger than you, you increase your chances of reaching greater heights. Surround yourself only with those who will support you on your path to success.
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Johan Lunau - The Long View ⭐️⭐️⭐️⭐️⭐️
“Practical dividend focus. Saving for retirement.“
Shailesh Kumar - The Astute Investor’s Calculus ⭐️⭐️⭐️⭐️⭐️
“Love the concept and the execution. If you are into building a portfolio that will generate ever growing income for you, subscribe to Max Dividends. I did.“
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“A useful substack for those that invest in stocks that pay dividends or are looking to get into such a strategy. Includes education and actionable ideas.“
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“Great for helling you pick up high-yield dividend growth stocks“
And 50+ more other great authors and pro’s are recommend MaxDividends!
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MaxDividends Premium: What You’ll Get
+ Bonus - access to full list of MaxDividends stocks updated weekly. Boost your passive income for living 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.
NEW! List of the Most Dangerous Dividend Stocks You Should Avoid to Invest In Right Now
Stay away from dividend-trap companies with the most accurate list of dangerous stocks updated weekly
Ready-to-go step by step weekly guide to achieving financial freedom.
Grab ready-made MaxDividends stock sets starting at $300, $500, or $1000 each week.
Posts & Podcasts with deep dives into the top dividend stocks we hold. Key points, current statement, perspectives and consensus.
My personal MaxDividends portfolios and short list with all the changes and updates weekly.
Comprehensive tools to help you on the way retire early and live off dividends.
Community Like-Minded Access
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!
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
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👉 One more secret sauce of MaxDividends strategy
👉 MaxDividends Roadmap to Early Retirement with Living Off Dividends
Someone's sitting in the shade today because someone planted a tree a long time ago. ― Warren Buffett.