Ticker: VYM โข Yield: 3.2% โข Growth (5yr): 6.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $187,500. But if VYM grows its dividend by 6.5% 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 |
โ๏ธ Weekend getaway! You can fly somewhere nice every quarter.
Planning for a reliable $500.00 monthly income stream? Using Vanguard High Dividend Yield ETF (VYM), you'd need approximately $187,500.00 invested today. We base this on its recent trailing yield of 3.20%.
Investors in the Dividend Equity ETF sector often watch Vanguard High Dividend Yield ETF (VYM). Many portfolios hold it for consistency.
Why VYM? Because at $187,500.00 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.