Ticker: SCHD โข Yield: 3.4% โข Growth (5yr): 11.0%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $176,470.59. But if SCHD grows its dividend by 11.0% 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 | $182,471 | +$517/mo |
| Year 3 | $195,090 | +$553/mo |
| Year 5 | $208,581 | +$591/mo |
| Year 10 | $246,535 | +$699/mo |
๐ฅ Health Insurance premiums covered. Peace of mind secured.
Dreaming of an extra $500.00 in monthly cash flow? With Schwab U.S. Dividend Equity ETF (SCHD), a capital allocation of roughly $176,470.59 could get you there. Note that this math relies on a 3.40% yield.
Schwab U.S. Dividend Equity ETF (SCHD) is a key player in the Dividend Equity ETF sector. It is generally viewed as a stable income generator.
Why SCHD? Because at $176,470.59 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.