Ticker: VTI โข Yield: 1.4% โข Growth (5yr): 7.0%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $857,142.86. But if VTI grows its dividend by 7.0% 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 | $869,143 | +$1,014/mo |
| Year 3 | $893,649 | +$1,043/mo |
| Year 5 | $918,847 | +$1,072/mo |
| Year 10 | $984,992 | +$1,149/mo |
๐ Student loans? Dividends are paying them off for you.
Wondering how much capital you need for $1000.00/month? Using Vanguard Total Stock Market ETF (VTI), you'd need approximately $857,142.86 invested today. Note that this math relies on a 1.40% yield.
Investors in the Broad Market ETF sector often watch Vanguard Total Stock Market ETF (VTI). Many portfolios hold it for consistency.
From an investment angle, committing $857,142.86 requires conviction in VTI's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.