Ticker: VIG โข Yield: 1.9% โข Growth (5yr): 9.8%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $315,789.47. But if VIG grows its dividend by 9.8% 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 | $321,789 | +$510/mo |
| Year 3 | $334,134 | +$529/mo |
| Year 5 | $346,951 | +$549/mo |
| Year 10 | $381,188 | +$604/mo |
๐ Free Groceries! Fill your cart without checking price tags.
Wondering how much capital you need for $500.00/month? With Vanguard Dividend Appreciation ETF (VIG), a capital allocation of roughly $315,789.47 could get you there. This figure assumes the yield holds steady at 1.90%.
Vanguard Dividend Appreciation ETF (VIG) is a key player in the Dividend Growth ETF sector. Many portfolios hold it for consistency.
Deploying $315,789.47 is a serious step. Ensure VIG aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.