Why a $70,000 Dividend Income Goal Requires Millions, and Which ETF Gets You There Fastest - 24/7 Wall St.
Source:24/7 Wall St.
Replacing a $70,000 salary with dividend income alone requires a specific portfolio size, and the required portfolio size is larger than most people expect. At a 3.39% yield from SCHD, the portfolio required to generate $70,000 per year before taxes runs into…