Ticker: XLU โข Yield: 3.3% โข Growth (5yr): 3.2%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $1,090,909.09. But if XLU grows its dividend by 3.2% 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 | $1,126,909 | +$3,099/mo |
| Year 3 | $1,202,512 | +$3,307/mo |
| Year 5 | $1,283,188 | +$3,529/mo |
| Year 10 | $1,509,356 | +$4,151/mo |
๐ You are your own boss now. This replaces an average salary.
Planning for a reliable $3000.00 monthly income stream? Based on the yield of Utilities Select Sector SPDR Fund (XLU), your target portfolio size is around $1,090,909.09. We base this on its recent trailing yield of 3.30%.
Investors in the Utilities ETF sector often watch Utilities Select Sector SPDR Fund (XLU). Many portfolios hold it for consistency.
Deploying $1,090,909.09 is a serious step. Ensure XLU aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.