Ticker: VPU โข Yield: 3.2% โข Growth (5yr): 3.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $187,500. But if VPU grows its dividend by 3.5% 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 | $193,500 | +$516/mo |
| Year 3 | $206,082 | +$550/mo |
| Year 5 | $219,482 | +$585/mo |
| Year 10 | $256,920 | +$685/mo |
๐ Car payment? Gone. You're effectively driving for free.
Planning for a reliable $500.00 monthly income stream? Using Vanguard Utilities ETF (VPU), you'd need approximately $187,500.00 invested today. Note that this math relies on a 3.20% yield.
Investors in the Utilities ETF sector often watch Vanguard Utilities ETF (VPU). It is generally viewed as a stable income generator.
Deploying $187,500.00 is a serious step. Ensure VPU aligns with your risk tolerance.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.