What I need invested in order to live on the dividends.

in #steemleo5 years ago

Hey Steemians.

I have a goal that before I am turning 50 years old, I can sustrain my life through my investment from dividend stocks or dividend crypto :D

So I need 1500 usd(Denmark is expensive) a month in order to sustain my current lifestyle.

So you take the 1500usd and mulitiply it by 12(number of months) which is 18000 usd a year I need.

You take that number and mulitiply by 25, this is the amount you need invested at 4% in order to be able tl live on that.

So that would be 450000 for me invested xd