Ticker: SPLV โข Yield: 2.6% โข Growth (5yr): 5.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,384,615.38. But if SPLV grows its dividend by 5.0% 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 | $1,420,615 | +$3,078/mo |
| Year 3 | $1,495,448 | +$3,240/mo |
| Year 5 | $1,574,222 | +$3,411/mo |
| Year 10 | $1,789,793 | +$3,878/mo |
โณ You just bought 'Time'. The 9-to-5 grind is now optional.
Planning for a reliable $3000.00 monthly income stream? With Invesco S&P 500 Low Volatility ETF (SPLV), a capital allocation of roughly $1,384,615.38 could get you there. We base this on its recent trailing yield of 2.60%.
Invesco S&P 500 Low Volatility ETF (SPLV) is a key player in the Low Volatility ETF sector. Stability is the key trait associated with this ticker.
Deploying $1,384,615.38 is a serious step. Ensure SPLV aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.