Ticker: LTC โข Yield: 6.2% โข Growth (5yr): 1.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $580,645.16. But if LTC grows its dividend by 1.0% 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 | $616,645 | +$3,186/mo |
| Year 3 | $695,480 | +$3,593/mo |
| Year 5 | $784,392 | +$4,053/mo |
| Year 10 | $1,059,634 | +$5,475/mo |
๐ Financial Freedom approaching! You can quit the rat race.
Wondering how much capital you need for $3000.00/month? By investing about $580,645.16 in LTC Properties (LTC), you could theoretically hit that mark. This calculation utilizes the current trailing yield of 6.20%.
LTC Properties (LTC) is a key player in the Healthcare REIT sector. Many portfolios hold it for consistency.
Deploying $580,645.16 is a serious step. Ensure LTC aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.