Ticker: SDY โข Yield: 2.8% โข Growth (5yr): 6.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $428,571.43. But if SDY grows its dividend by 6.0% annually, you can invest less today and hit your goal later.
*Assumes constant dividend reinvestment is NOT included, only dividend growth.
Reinvesting all dividends with constant yield:
| Year | Total Value | Monthly Income |
|---|---|---|
| Year 1 | $440,571 | +$1,028/mo |
| Year 3 | $465,589 | +$1,086/mo |
| Year 5 | $492,027 | +$1,148/mo |
| Year 10 | $564,878 | +$1,318/mo |
๐ Rent is FREE! Living cost-free is a superpower.
Planning for a reliable $1000.00 monthly income stream? Using SPDR S&P Dividend ETF (SDY), you'd need approximately $428,571.43 invested today. This figure assumes the yield holds steady at 2.80%.
SPDR S&P Dividend ETF (SDY) is a key player in the Dividend Aristocrats ETF sector. Stability is the key trait associated with this ticker.
Deploying $428,571.43 is a serious step. Ensure SDY aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.