Ticker: VNQ โข Yield: 4.2% โข Growth (5yr): 2.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $142,857.14. But if VNQ grows its dividend by 2.5% 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 | $148,857 | +$521/mo |
| Year 3 | $161,624 | +$566/mo |
| Year 5 | $175,485 | +$614/mo |
| Year 10 | $215,565 | +$754/mo |
๐ Car payment? Gone. You're effectively driving for free.
Is your goal to generate $500.00 every month passively? By investing about $142,857.14 in Vanguard Real Estate ETF (VNQ), you could theoretically hit that mark. We base this on its recent trailing yield of 4.20%.
Investors in the Real Estate ETF sector often watch Vanguard Real Estate ETF (VNQ). Many portfolios hold it for consistency.
Deploying $142,857.14 is a serious step. Ensure VNQ aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.